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Posts published in “ICO”

ICOs Raised $160 Million in First Half of January, Report Says

ICObench report: ICOs completed in the first half of January have raised $160 million, about 33 percent of the combined amount secured in December. Initial coin offerings (ICOs) completed in the first half of January have raised around $160 million. The figure was provided in…

OECD Calls for ‘Delicate Balance’ in Global ICO Regulation

The Organisation for Economic Cooperation and Development stated that regulators should facilitate the development of ICOs. The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report…

eToro CEO: BitTorrent ICO With 100M Users is Smart, May Invest

When the bosses of huge trading firms start paying attention to ICOs they are usually worth a second look. The offering of the moment will be BitTorrent’s BTT token as its 100 million users are also likely to be paying attention. BitTorrent Speed and BTT…

Bitmex Report: ICOs Allocated $24.2 Billion in Tokens to Themselves

The team at Bitmex Research has collaborated with TokenAnalyst to take a thorough look at the treasure balances of several individual ICOs on the Ethereum network. The two teams released a report that showed that ICO teams allocated $24.2 Billion worth of tokens to themselves.…

ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also…

Malaysia to Jail Illegal ICO and Crypto Exchanges Operators for 10 Years

Running an unregistered crypto exchange or an initial coin offering (ICO) in Malaysia could land the operator in jail for a maximum of 10 years. $2.43 Million in Fines Securities Commission Malaysia (SC), the country’s top financial watchdog, has announced that it would categorize cryptocurrencies such…

BitMEX Research: ICO teams have allocated $24B in tokens to themselves

BitMEX Research, the research arm of cryptocurrency exchange BitMEX, published a piece in collaboration with TokenAnalyst which analyzed the token allocations of over 100 ICO teams. According to the analysis, ICO teams initially allocated $24B worth of their native tokens to themselves. At peak valuation,…

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure…