ICOs Produce Slow Start to 2019

ICOs Produce Slow Start to 2019During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million can be attributed to the Chelle Coin ICO. Also Read: How US Government Shutdown Affects Bitcoin ETF Approval Slow Start to 2019 for Initial […]

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144 ICOs Launched During 2017 Failed Last Year

144 ICOs Launched During 2017 Failed Last YearCoinopsy, a website that maintains an active catalog of “dead” cryptocurrencies, currently estimates that 264 altcoins failed to survive the 2018 bear market. Of the projects that did not survive to see 2019, more than half were launched in 2017 through an initial coin offering (ICO). Also Read: Last Year’s Altcoin Army Have Become This Year’s […]

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Exchanges Roundup: Ironx Raises $22.3M in Private Sale, IDCM to Target STOs

In this edition of Exchanges Roundup, we focus on Ironx, which has just wrapped up a $22.3 million private sale. We also look at International Digital Currency Markets’ plans to provide solutions for security token offerings, as well as some of the new exchanges opening in Estonia. Also Read: The Daily: Outcry Over Censoring of Gab, […]

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Former CFTC Chair Advocates ‘Technology Neutral’ Cryptocurrency Regulations

Former CFTC Chair Advocates "Technology Neutral" RegulationsThe former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US States […]

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Indiegogo Facilitates Issuance of Securities Tokens

Indiegogo Facilitates Issuance of Securities TokensIndiegogo, a popular crowdfunding website, is allowing an Aspen-based luxury ski resort to issue and distribute securities tokens via its platform. The hotel is seeking to raise $18 million USD through the offering – which Indiegogo has claimed is fully compliant with all pertinent regulations. Also Read: $1.1 Million Landmark Crypto Fraud Case Establishes CFTC Jurisdiction […]

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Denver-Based Healthcare ICO Issued Cease and Desist for Offering Securities

Denver-Based Healthcare ICO Issued Cease and Desist for Offering SecuritiesColorado Securities Commissioner, Gerald Rome, has issued a cease and desist order to Florida based Linda Healthcare Corporation and its founder, Arturo Devesa, halting the company’s initial coin offering (ICO) due to the token sale being deemed an offering of an unregistered security. The cease and desist is a reaffirmation of a previous ruling made […]

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FINMA Launches Proceedings Against $100 Million ICO Envion AG

FINMA Launches Proceedings Against $100 Million ICO Envion AGSwitzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory […]

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ICO Round-Up: Social Media Influencers Bypass Ad Ban, Centra Tokens Deemed Securities

Three stories dominate this week’s initial coin offering (ICO) round up: It appears many ICO projects are reaching out to social media influencers in an effort to thwart advertising bans across leading platforms. A study published by the China Banking Regulatory Commission (CBRC) suggested that the country develop a licenced-based regulatory apparatus that permits cryptocurrency […]

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Regulations Round-Up: U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019

Regulations Round-Up: U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U.S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]

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May Breaks 2018’s Down-Trend in Monthly Total Raised by ICOs

May Breaks 2018's Down-Trend in Monthly Total Raised by ICOsEstimates are indicating that the total sum of capital raised by initial coin offerings (ICOs) in May exceeded the total sum raised in April – comprising the first month-over-month increase in the total sum raised by ICOs in 2018 so far. Also Read: Markets Update: Slight Comeback Shows Cryptocurrencies Press Forward  Month-Over-Month Performance of ICOs Up […]

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