Category: ICOs

The FileCoin Rollercoaster – Token Price Rallies Over 100% but Trouble Brews for Project

The FileCoin Rollercoaster – Token Price Rallies Over 100% but Trouble Brews for Project

Infamous ICO project Filecoin launched last week after investors and traders had mostly given up on ever seeing the FIL token hit the market officially, and for good reason. After all, it has been a long, drawn-out three years since Filecoin’s successful raise of $200 million back in its ICO token sale days in 2017. […]

Continue Reading

SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the regulatory structure and how these tokens could affect corporate governance will continue to linger.Speaking at […]

Continue Reading

More 2017 ICO Token Sales Bite The Dust – SEC Wins Lawsuits Against Kik & Salt

More 2017 ICO Token Sales Bite The Dust – SEC Wins Lawsuits Against Kik & Salt

The US Securities and Exchange Commission (SEC) has been on a winning streak this year after its major win against Telegram in its 2018 Gram Token sale, which led to the project being shelved permanently. While that battle was going on, Canada-based Kik and crypto loan service provider Salt Lending were facing lawsuits of their […]

Continue Reading

Japanese Crypto Exchange to Offer First IEO Project on Manga & Anime Distribution

Japanese Crypto Exchange to Offer First IEO Project on Manga & Anime Distribution

One of the few licensed crypto exchanges in Japan, Coincheck, is set to launch Japan’s very first Initial Exchange Offering (IEO) with Hash Palette, a blockchain platform that facilitates the distribution, management and issuance of digitized manga (comics), anime and music as non-fungible token (NFT) blockchain assets, according Coincheck’s press release.  Coincheck has been considering […]

Continue Reading