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
Instead of a safe harbor for crypto firms, SEC Commissioner Caroline Crenshaw called for a “bridge” in which crypto firms work with the SEC to determine complia...
SEC Commissioner says ‘safe harbor’ laws would’ve made ICO problems worse
Brian Quarmby
2021-10-13T06:27:20+01:00
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News
The billionaire investor conveyed his predominantly bullish opinions on the crypto ecosystem during a recent online interview
Billionaire Bill Miller advocates for Bitcoin, but doubtful on altcoins
Tom Farren
2021-10-11T14:42:52+01:00
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Sponsored
A blockchain-based project plans to build renewable power projects with funds raised from the ICO.
This project wants its crypto token to be the source of renewable energy creation
Samyuktha Sriram
2021-09-26T17:58:00+01:00
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News
The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties.
Thai SEC issues license to Ethereum-based real estate project
Helen Partz
2021-09-20T12:07:44+01:00
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News
The SEC has taken action against three companies owned by Chinese billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings...
SEC takes action against Chinese billionaire’s companies for unregistered ICO and IPO
Brian Quarmby
2021-09-14T04:41:34+01:00
9098
Sponsored
A cryptocurrency exchange focused on frictionless transactions is positioning itself as the bridge between fiat and digital currencies across the globe.
The largest cryptocurrency exchange in Spain is ready to take its platform global
Sarah Jansen
2021-09-09T14:00:00+01:00
4219
News
New research asserts that EOS and ETH were wash-traded on exchanges to manipulate prices during EOS’ multi-billion-dollar ICO.
New research claims 21 accounts pumped the $4.4B EOS ICO with wash trades
Martin Young
2021-09-03T04:58:01+01:00
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News
The industry body has accused the government of leaning into narratives about malicious actors and scams rather than engaging with the blockchain space to estab...
Blockchain Australia says gov’t still dismissing industry as a ‘wild west’
Marie Huillet
2021-08-09T10:29:50+01:00
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