While it lasted, Telegram’s TON project has been a tempting target for investors. A few managed to get into TON’s private token sale while the rest had to wait till launch or look for futures contracts for Gram tokens, which were offered by several trading platforms.
#ICO
There is no shortage of coins and tokens in the crypto-industry. How many of them are any good is the question.
The Block’s analyst Larry Cermak declared Initial Exchange Offerings dead, pointing out the concept’s bleak statistics for 2019.
Just $118 million has been raised via Initial Coin Offerings (ICOs) in Q1 of 2019, which is 58 times less than the amount raised during the same period in 2018, the Wall Street Journal reported citing analytics website TokenData.
Nearly 1,000 cryptocurrency projects have officially become ‘dead’ projects over the course of 2018, Chepicap reported citing data provided by Coinopsy and DeadCoins.
The U.S. Securities and Exchange Commission (SEC) has launched Strategic Hub for Innovation and Financial Technology (FinHub), a new division with the goal of making it simpler for fintech and blockchain startups to navigate the legal implications of their products.
Ether (ETH), the world’s second-largest cryptocurrency by market capitalization, fell below $300 for the first time in 2018 on Monday, August 13, reaching levels last seen in November 2017.
The world’s second largest cryptocurrency ether jumped alsmost 9 percent Thursday, June 14, after a key a top Securities and Exchange Commission (SEC) official made it clear that it is not a security.
The US Securities and Exchange Commission (SEC) has launched a spoof Initial Coin Offering (ICO) website dubbed HoweyCoins in a bid to educate and warn investors of the dangers posed by the ICO Wild West.
Russia’s Ministry of Telecom and Mass Communications (MinComSvyaz) has prepared guidelines for Initial Coin Offerings (ICOs). The document, however, has already become target for heavy criticism.
The first major Waves ICO of the year has ended, reaching its hard cap in just 28 hours thanks to a partnership with the Waves Lab incubator.
Blockchain platform Waves is launching a self-regulatory body to set standards for initial coin offerings (ICOs) and the blockchain industry.