ICO News

An initial coin offering, or ICO, is a controversial fundraising method for launching blockchain and cryptocurrency networks that involves the sale and distribution of a new crypto asset in exchange for other tokens, commonly Bitcoin (BTC) and Ether (ETH). 

During the “ICO mania” of 2017 to 2018, projects collectively raised billions of dollars in capital, largely through nonaccredited investors. 

This funding method has since lost most of its legitimacy, both inside and outside the industry. Many ICOs were clearly frauds or, at best, operating in regulatory gray areas. Over the past few years, regulatory agencies such as the United States Securities and Exchange Commission,or SEC, have brought legal action to past and present ICOs, slowly creating legal precedent and guidelines for future ventures. 

While the ICO is now a precarious fundraising method for projects and investors alike, it did showcase a powerful use case of blockchain in permissionless fundraising at incredible scale. Over time, the launch methods of cryptocurrency networks will become more sophisticated, safe and, perhaps, regulatorily sound. 

News
The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500...
SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case
Samuel Haig
2020-11-20T02:45:35+00:00
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News
The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs.
Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
Turner Wright
2020-11-19T00:04:18+00:00
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News
The SEC summarized its efforts on combating crypto misconduct as its chairman is set to step down by the end of this year.
SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure
Helen Partz
2020-11-17T13:31:12+00:00
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Market Analysis
Numerous on-chain indicators suggest Ethereum price is on the verge of another 2017-style bull run.
3 key on-chain metrics suggest Ethereum price is in a 2017-style bull run
Marcel Pechman
2020-11-16T21:53:00+00:00
30419
News
A new virtual assistant powered by blockchain can complete insurance contracts without human assistance.
Your car insurance salesman is now an AI bot connected to blockchain
Joshua Mapperson
2020-11-13T02:10:07+00:00
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News
In a record-breaking year, the SEC seized $4.68 billion — more than a quarter of which came from cryptocurrency-related firms.
The SEC collected $1.26 billion from unregistered ICOs in 2020
Joshua Mapperson
2020-11-12T05:24:06+00:00
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News
Bitcoin’s experimental launch contributed to its dispersion among the masses.
Bitcoin is peerless thanks to early distribution, CoinMetrics analysts argue
Benjamin Pirus
2020-11-10T20:58:39+00:00
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Opinion
Blockchain technology is just a tool that solves a problem, it cannot be the goal of the entire project.
The cryptocurrency sector is overflowing with dead projects
Bert Kozma
2020-11-08T08:00:00+00:00
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