Amount of Funds Raised in Q1 2019 via ICOs Dramatically Falls Compared to Last Year’s ResultsJust $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 Crypto Projects Declared Dead in 2018Nearly 1,000 cryptocurrency projects have officially become ‘dead’ projects over the course of 2018, Chepicap reported citing data provided by Coinopsy and DeadCoins.
SEC’s Strategic Hub for Innovation and Financial Technology to Guide Crypto StartupsThe 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 Falls Below $300 for the First Time Since November 2017 Amidst ERC-20 Projects Sell-OffEther (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.
Ethereum Not a Security, SEC Official SaysThe 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.
SEC Creates Fake ICO Website to Educate InvestorsThe 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.
Russian Authorities Prepare Controversial ICO RegulationsRussia’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.
Waves Lab Participant Simdaq Raises $5 million via ICOThe 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.
Waves Platform to Launch a New Self-Regulatory Body Aimed at Developing ICO StandardsBlockchain platform Waves is launching a self-regulatory body to set standards for initial coin offerings (ICOs) and the blockchain industry.
Suddenly Russia’s Central Bank Sees ICO Investment PotentialA senior official at Russia’s Central Bank insists the so called initial coin offerings (ICOs) could drive funding opportunities for startups, which is why the regulator is ready support the development of the blockchain funding model.
China Bans Initial Coin Offerings as Illegal FundraisingRegulators in China have banned all initial public coin offerings (ICOs) pending a review and the possible introduction of regulations to control the booming market.
Estonia May Launch the World’s First Government ICOOver the last two-and-a-half years, Estonia has offered so-called e-Residency to foreign entrepreneurs who want to virtually site their businesses in the country. The program gives people an Estonian government-backed digital ID, the ability to simply register an EU company, access to business banking and payments services, and tools with which to digitally sign documents.