According to the BitMEX Research, the majority of the Ethereum (ETH) raised by ICOs have been sold making over $700 million in the process by selling them a higher price. Though still about 3.8 million ETH are left, the research puts “panic sell” theory to rest. About 3.8 million ETH still in possession of ICOs
One of the key hurdles that is keeping away the US investors from crypto industry is the unclear regulatory framework. Understanding the need for a suitable and favorable regulatory environment for the survival of cryptos in the US, a lot of industry experts and analysts in the country are seen voicing their views and suggestions
In the regulatory space, Singapore and France both the countries are making a positive and progressive move towards bitcoin, crypto, and blockchain. Singapore central bank MAS focusing on the tokens characteristics The central bank of the Singapore, Monetary Authority of Singapore (MAS) recently shared that no tokens as of yet approved are those that represent
The US Judge has ruled a fraudulent ICO promoter case to be covered under security law. If this becomes a precedent for future cases, this can stifle the growth of the crypto market. Fraud ICO covered under securities law In the ruling of the case against a fraudulent ICO promoter, a federal judge rules that
The Neluns team recently announced it’s ICO, which will be held in three stages (rounds): Pre-Sale, Pre-ICO, ICO. The mission of Neluns is to create an innovative financial ecosystem combining within itself a bank that works with fiat as well as cryptocurrencies, a cryptocurrency exchange, and insurance company, thus, creating the most beneficial conditions for
Prices of cryptocurrencies are currently, been driven by more by sentiment than by any fundamental or technical reasons. Fundamental news does give a sudden spurt here and there but its soothes of too. Till now the altcoins, especially Ethereum, was following the trend that Bitcoin was gathering clearly determining the sentiment on the crypto street.
One of the biggest and most controversial ICO, Tezos has finally released its betanet. The cryptocurrency went live on gate.io exchange and went through substantial ups and downs since it’s trading went live. Now, the big question is if Tezos will be able to survive the market sentiments or the ongoing sell-off is a prelude
Overview Documents, certificates, agreements, orders, contracts, and other kinds of papers are deeply involved in our lives that contain important personal as well as business information. However, a paper is a fragile material that is subject to wear and tears along with getting tempered. ENDO Protocol ICO is entering the market with the aim to
Overview A new ITO (Initial Token Offering) is on the block that is leveraging the lucrative $217 trillion real estate market that is riddled with outdated technology, complicated regulations, and middlemen like financial institutions and agents. This ITO is Dominimum platform, which is planning to remove the barriers of middlemen, lack of transparency and language
While the world struggles to regulate cryptos and debates being rife about whether to consider them as securities or not, Thailand has just moved ahead in framing a new law that skipping the debate altogether. It has written a new law via emergency decrees instead of fitting cryptocurrencies in their existing securities laws. The two
The Crypto markets may not have been at their best, but the ICO markets still seem to be of liking of the investors. This was clearly seen when “Blockchain’s Netflix ICO” TaTaTu raised $575 million in its private pre-sale proceeds. With this raise, the startup has just completed the third largest ICO in history, just
A village in Japan named Nishiawakura Village has announced that it will launch an initial coin offering(ICO) in order to secure funds for making the village sustainable. This will be the first time in Japan for a municipality to use a token sale to raise funds. A small village creating the roadmap for others Nishiawakura
TE-FOOD (TFD) is officially listed in one of the most promising platforms today. TFD is now part of the tradable crypto token available on KuCoin which supports trading pairs TFD/ETH and TFD/BTC. TFD holders can now start their deposits or any transactions related to this exchange. TE-Food introduction TE-FOOD (TFD) is offering blockchain technology to
Witnessing the upsurge in the crypto market and enthusiasm among the investors, the US SEC has shares a new blog post to educate about ICO’s. It majorly focuses on the three R’s – Risks, Rewards, and, Responsibilities. ICO in the past scenario An ICO otherwise called a “token sale” or “token launch,” is where a
The Ministry of Finance of Lithuania has come up with ICO guidelines considering tokens offered in ICO’s as security. The guidelines say that depending on the conditions of a specific ICO, the released tokens may grant different rights to their owners and hence the law regulating them would apply depending on the case may be.
The SEC Chairman Jay Clayton, in an interview to CNBC, said that the agency will not change or amend rules to accommodate cryptocurrencies while defining what is or what not is a security. He added that it is because of the current rules that USA has been able to build a USD 19 trillion securities market.
Bethesda’s head of marketing and public relations, Pete Hines, said when the details for The Elder Scrolls VI are revealed. Spoiler: have to be patient. According to the game portal Hermitgamer, it became known from Twitter, where Pete Hines was asked how long we had to wait for news about the new part of the
The past year saw blockchain based digital currency and tokens market cross $800 billion mark before it plunged down to less than half this value. Believers of cryptocurrencies have remained undeterred as newer coins, tokens as well as trade exchanges are still popping up everyday. Volatile as ever, the crypto trading market though still far
National Settlement Depository (NSD) with Sberbank CIB will be testing the ICO technology on the regulatory platform of country’s central bank. Russian authorities are working on creating a more transparent crypto market space in order to bolster institutional investors in its demanding crypto market. NSD & Sberbank CIB to test ICO on central bank’s regulatory