IEO News

In a global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency.

Poloniex has announced it will launch a Tron-powered initial exchange offering platform called LaunchBase.

Rapper and entrepreneur Akon has shared the whitepaper for his upcoming cryptocurrency exclusively with Cointelegraph.

A day after an investor alert on Initial Exchange Offerings (IEO’s), the US SEC—which has levied severe penalties—the Securities Commission Malaysia (SC) published a regulatory guide on digital token offerings in the country.

The SEC posted a statement on Jan. 14 advising potential investors to be cautious with IEOs, which could be unregistered securities.

The new fundraising phenomenon has so far failed to deliver for many buyers, who may have lost almost all their money depending on when they bought IEO tokens.

MATIC crashed on Dec. 10 while seeing its other IEO token counterparts face similar fates as a bearish picture emerges on their price charts.

A sudden surge in selling pressure causes MATIC token to dive from above 550 satoshis to under 200, leading to accusations of insider manipulation staff deny.

Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days.

Manny Pacquiao’s PAC token is set to be listed through an IEO on GCOX on Nov. 12, allowing fans exclusive access to the boxing star.

The token sale was due to support Dotcom’s K.im content sharing platform, but will now face an unspecified delay.

The share of investments in IEO is becoming much larger and catching up with the IPO market indicators with the mass adoption of “multiple IEO” and STEO trends.

South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency.

Crypto exchange Bitfinex is relaunching its IEO platform with Kim Dotcom’s Bitcoin-integrated KIM token as the first offering.

A new open-source blockchain project says it wants to transform online identity standards and give greater levels of privacy to the public.