The Omicron cryptocurrency’s trading price surged over ten times as the new COVID-19 variant, which is its namesake, strikes worldwide. Read this news here.
Latest ICO News Provided by Crypto Frontline
Zabo is a data aggregator for cryptocurrency based in Dallas, Texas, in the United States. This week, this cryptocurrency startup confirmed the latest development of Coinbase acquiring it. We find this virtual currency-related report important to share with our readers. It demonstrates the number of cryptocurrency enterprises of different sizes
Raising approximately $205 during its 2017 ICO had put Filecoin among some of the top-performing blockchain-based projects, but as of lately, the parent company seems to be facing some legal issues with venture capital investors that took part in the Initial Coin Offering. Even the top crypto companies like Block.one
The largest ICO on record, that managed to raise approximately $4.1 billion in a sale lasting around a year, is still facing regulatory issues in the United States, with several class-action lawsuits claiming that Block.one (the company behind the EOS token) had been selling unregistered securities. The Tezos ICO lawsuit
A class-action lawsuit initiated by Block & Leviton law firm against the Tezos Foundation is very likely to end in August with a settlement. Tezos (XTZ) is currently one of the most promising altcoins, with approximately $1.7 billion in market capitalization. This multi-purpose platform supporting decentralized applications and smart contracts
The blockchain-based startups had constantly been looking for ways to raise funding from investors and during the past three years we’ve seen the rise of ICOs, IEOs, and STOs. Each led flows into new cryptocurrencies, but eventually prove to come with several weaknesses. A new trend is about to emerge
Unregistered ICOs continue to have a hard time in the United States, as the Securities and Exchange Commission continue to punish companies that have violated the Securities Law. On May 28th, the blockchain services company BitClave PTD Ltd, headquartered in San Jose, California, had been charged for a $25 million
A lot of questions are circling around big ICO projects and thus far, no company had proven to be above the law. After we’ve seen how Telegram was struggling with the SEC to prove it did not violate the Securities Law, it’s time for Block.one, the company behind the EOS
Blockchain-based startups in the United Kingdom had already started to use old funding methods as the ICO industry continues to be in a structural decline. Some of the latest reports are pointing out the ICO funding in 2019 dropped by a whopping 71%, with ICOs managing to raise only 200
The founders of Dropil, a crypto automation developer, had been recently charged by the United States Securities and Exchange Commission for raising funds illegally. Their initial coin offering (ICO) for the DROP token worth $1.8 million had been unregistered, as should have been done according to the Securities Act. These
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