Tag: icos

Oct 16 2020

Filecoin (FIL) price soars following mainnet launch; reaches $900m market cap

Oct 16 2020 Published at CryptoSlate under tags  analysis filusd filusdt icos

Filecoin’s mainnet launch has long been highly anticipated, with a plethora of retail and venture capital pouring into the cryptocurrency’s 2017 initial coin offering, which raised over $205 million. The mainnet launch of the decentralized data and information storage blockchain has been plagued by multiple delays, but finally started coming to fruition in late-September when they launched their “pre-liftoff phase.” During this time,...

Oct 15 2020

The 2017 crypto ICO that raised $200m in 60 minutes is finally launching

Oct 15 2020 Published at CryptoSlate under tags  altcoins filusd icos

Those that were around in 2017 and 2018 likely remember the name Filecoin. Launched in late 2017, the protocol was branded as a payment system that would use blockchain technology to store and retrieve data. As esoteric as it may sound, the concept gained much traction in the crypto-asset space. It garnered so much traction, in fact, that it raised $200 million from...

Oct 05 2020

SEC Files Criminal Charges Against John McAfee for Shilling 7 ICOs

Oct 05 2020 Published at Crypto Briefing under tags  business icos

The U.S. Securities and Exchange Commission (SEC) has filed charges against John McAfee, alleging that the crypto celebrity profited by promoting certain ICO sales on Twitter. McAfee Promoted 7 ICOs The SEC alleges that McAfee "leveraged his fame" to earn $23 million by recommending at least seven ICOs. It adds that his activity involved the sale of securities and that his...

SEC Charges John McAfee with Pocketing $23M from Promoting ICOs

The US top agency said McAfee was contracted by ICO projects to promote the sale on his social media channels.

Oct 01 2020

New York Court Rules Kin’s $100 Million ICO an Unregistered Security

Oct 01 2020 Published at Crypto Briefing under tags  analysis icos regulations

According to the latest ruling in an ongoing court case, Kin's $100 million ICO has been designated an unregistered security offering. Judge Rules Against $100M ICO Hon. Alvin Hellerstein, a judge at the district court of the Southern District of New York, has ruled that Kin's token sale violated U.S. securities law....

Sep 15 2020

SEC Orders Unikrn ICO Issuers to Offer Refund to Token Purchasers

Washington-based Unikrn was created in 2017 to offer a blockchain marketplace for bettors, esports fans and gamers.

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