An action was filed against celebrities, including boxer Floyd Mayweather and DJ Khaled, for promoting Centra Tech’s ICO.
There are some exciting things going on in the crypto start-up space. With cryptocurrencies like Bitcoin gaining traction around the world, and with blockchains like Ethereum gaining greater usage, start-up founders are seeing new opportunities to innovate. These start-ups are creating new currencies, digitizing and tokenizing assets like real estate and contracts, tackling the remittance problem, establishing new coin exchanges, and...
Kik and the SEC, at odds over the last two years, have finally agreed on how to settle the 16-month-long court case.
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,...
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...
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...
The US top agency said McAfee was contracted by ICO projects to promote the sale on his social media channels.
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....
Washington-based Unikrn was created in 2017 to offer a blockchain marketplace for bettors, esports fans and gamers.
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