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
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As disappointment surrounding ICOs continues, IEOs seem to be the new way of investing in blockchain-based startups this year. During Q1 2019, ICOs raised record-low funds, which made several big exchange platforms to start backing projects. Binance and Launchpad We’ve already covered the Launchpad platform, founded by the famous exchange
Initial Exchange Offerings look to be the most popular investment structure in 2019, following a disastrous 2018 for Initial Coin Offerings. People lost confidence in blockchain-based projects wanting to raise funds by themselves and are now more inclined to invest in projects backed by exchange platforms. We’ve discussed recently
Momentum is still not picking up in the ICO market and as a result, the first quarter of 2019 had been incredibly bad if we compare it with Q1 2018. In the first three months of last year, investors put $6.9 billion into ICOs, as alarming bells signaled already an
Binance’s ICO platform – Launchpad, continues to break record after record in terms of helping ICOs raise funds and reach their hard cap in just a few seconds. Launchpad had been a welcomed project at the beginning of 2019 and thus far it conduced 8 successful ICOs. The last project
The interest in blockchain and cryptocurrency seems to be at a record high among big tech companies, as rumors had been spreading in the last few months. Recently, we’ve talked about how Microsoft wants to venture in the ICO industry, and now is Facebook’s turn. A stablecoin for WhatsApp
Although more than three months from 2019 had passed and cryptocurrencies managed to rebound from lows, the ICO market continues to remain depressed, which leads people interested to invest in blockchain-based startups to search for alternative investment vehicles. The trust in ICOs had been severely weakened, both by the
If we go back a more than a year ago, the enthusiasm was so high, it persuaded retail investors to jump in and not miss out the massive bull trend which was seen in the cryptocurrency market. ICOs were raising billions a month, as investors rushed in to get
With more than $860 billion in market cap, Microsoft is currently one of the biggest tech countries in the world. Founded and managed by the famous billionaire Bill Gates, the company had managed to develop revolutionary products and shape the entire industry. However, some latest rumors are suggesting that
We continue to see more action from the US Securities and Exchange Commission (SEC) following a new press release published on February 20th, announcing charges against Gladius Network LLC, a company based in Washington DC, which had conducted an ICO in 2017. This is not the first time the
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