The hunt for illegal continues in the United States and this time it was the turn of a Delaware-registered blockchain firm to be charged by a New York court. Like most of the other ICOs charged in a similar way, the company conducted an illegal security issuance and now has
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The leading global disruptor of blockchain-enabled management and tracking of supply chains founded in 2015 continues to reach new milestone after the new Series A funding round ended with great results. Everledger, the company who started to use blockchain technology for tracking diamonds in May 2018, is one of the
Investors continue to have interest in blockchain-based startups and confirmation for that is the Foundation of Interwallet Operability’s (FIO) Usability protocol, which had managed to raise a substantial amount during the series A round of funding. As we’ve talked recently, ICOs managed to raise approximately $2 billion during the first
ICOs continue to be under the radar of the US Securities and Exchange Commission, as the agency continues to crack on companies that raised funding through unregistered ICO. A press release published on August 29th shows that the financial regulated reached a charge settlement with Bitqyck Inc. and its founders Bruce
The United States Securities and Exchange Commission (SEC) continues to investigate ICOs that had potentially violated the law, after a public statement from Chairman Jay Clayton saying that the agency believes virtually all ICOs conducted into the US had violated federal securities law. After going after the Kik Interactive ICO
Although ICO funding peaked out in 2018, when the total amount raised by blockchain-based startups was $15.24 billion, the first half of 2019 had been encouraging, as teQatlas analytics firm showed in a recent report, published on August 1st. Just recently we’ve seen how Germany’s BaFin approved a $250 million
The main financial regulator in Germany announced the approval of the Fundament Group ICO, a Berlin-based blockchain project which wants to raise €250 million ($278 million) for the construction of real estate. ICOs had been on a structural decline for the entire 2018, depressed by the severe slump in cryptocurrency
The latest news is showing that France is very close to adopting one of the few regulatory frameworks for Initial Coin Offerings, thus becoming the first major economy taking such an important step. It’s well-known that the country wants to become an ICO hub and the new batch of rules
The popular exchange platform Kraken is currently in the spotlight after managing to raise almost €12 million in funds via the BnkToTheFuture fundraising platform. For those of you that don’t already know, it is a global online investment platform that allows qualifying investors to invest in financial innovation including FinTech
Actions against Initial Coin Offerings continue to appear as the SEC tries to crack down on companies that did not obey the law. It is the case with Kik Interactive, a Canadian social media messaging company, which had been charged with raising $100 million without going through the process of
