Australia financial regulator ASIC has issued a statement indicating that it is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). ASIC said that these offers can involve significant risks for investors that are often not disclosed or well understood. ASIC said that…
Read moreGRB Capital Corp Ltd. has announced the official opening of its Initial Coin Offering of GlobalREBitcoin, a cryptocurrency token backed by commercial real estate assets. GlobalREBitcoin ICO crowdsale is now open to participants worldwide, other than citizens and residents of the US, and residents of Canada and the commonwealth of Bahamas. The company's strategy is…
Read moreThe U.S. Securities and Exchange Commission has announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering (ICO) In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in a fraudulent scheme related to Centra’s 2017 ICO, in which the company issued “CTR…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year. Criminal authorities separately charged and arrested both defendants. The SEC's complaint alleges that Sohrab “Sam”…
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FashionTV, the international fashion and lifestyle broadcasting station, has announced its debut in the blockchain space. FashionTV’s decentralized platform will empower up-and-coming models with new ways of breaking into the trade and will eliminate the need for intermediaries, such as talent agencies, that currently hold much of the industry’s power. FashionTV’s new FTV Coin Deluxe…
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The decentralised streaming platform for gamers and eSports fans Play2Live announced that it has completed its ICO (Initial Coin Offering) campaign, raising $30 million in total in less than two months. The funds will be used to build a transparent and user-friendly ecosystem for streaming and gaming projects, with Play2Live’s proprietary cryptocurrency Level Up Coin…
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TechFinancials Inc (LON:TECH) has announced that the ICO pre-sale of its Blockchain based online diamond exchange unit CEDEX was successfully completed. CEDEX hit its target of selling 25 million CEDEX tokens, at a price of 1 Ethereum = 900 CEDEX tokens. At Ethereum's current price of USD $544, that adds up to a $15 million…
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After jettisoning (virtually) its entire Binary Options business and giving up its CySEC CIF license, TechFinancials Inc (LON:TECH) announced today that as scheduled, its Blockchain based online diamond exchange CEDEX will launch its ICO token pre-sale event today, March 16, 2018 at 10:00 GMT. CEDEX has set the sale price of the CEDEX coins at 1…
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Initial Coin Offerings (ICO) are becoming a hugely popular means of raising digital capital to fund the launch and growth of innovative business ideas. However, there are often stumbling blocks and campaigns can fall flat and fail to attract the necessary interest. Here are five key points to consider when launching an ICO, by Egor…
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Canadian financial regulator British Columbia Securities Commission (BCSC) has issued a warning regarding BitcoinBank (BTCB), operating from website bitcoin-bank.io. BitcoinBank was added to the BCSC's Investor Caution List. The BCSC stated that BitcoinBank claims to be a “cryptobank” which provides financial and investment services. The BCSC recently became aware of BitcoinBank, and found its advertisement targeting Canadian residents…
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