ICO

Research Suggests STOs Are Better at Financing Startups than ICOs

Thomas Lambert, Daniel Liebau, and Peter Roosenboom from the Rotterdam School of Management suggest that Security Token Offerings are better at financing start-ups than Initial Coin Offerings. Their research was published on July 14 via the University of Oxford Business Law blog.  The research paper pointed out that although ICOs and STOs are both issued …

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20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction

Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election Blockchain entrepreneur and former Disney child actor, Brock Pierce, is running for President of the United States this election. Pierce announced he was running during America’s Independence Day celebration on July 4, the same day Kanye West revealed his candidacy. … read more. 700,000 Expedia …

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Former Swiss President Sees the Country Leading in DLT and Technology of the Future

Johann Schneider-Ammann, who served as the President of Switzerland in 2016, recently joined the board of Crypto Valley Venture Capital, or CV VC. CV VC is a startup that invests in crypto firms near Zug, Switzerland, the “crypto valley” of the namesake firm. Corresponding with Cointelegraph, Schneider-Ammann credited CV VC with creating “its own ecosystem,” …

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Bubbling Over the Top? DeFi Sector Heats Up in June, Raising Concerns

Decentralized finance is all about cutting out traditional financial intermediaries such as banks. Through the use of blockchain technology, DeFi platforms allow individuals to generate money against their own assets, becoming their own bank, as it were. As an exciting new business paradigm, the DeFi sector has been warming up for some time. But during …

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Judge Certifies Investor Class in $70m Pot ICO Lawsuit

A Californian federal judge has certified an investor class in a lawsuit alleging that the cannabis crypto firm Paragon Coin Inc violated securities laws in its 2017 initial coin offering (ICO) that raised $70 million. Paragon Coin promoted their ‘PRG’ tokens as comprising a currency for the cannabis industry and hired popular rapper The Game …

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Cool Story BRO: French Startup Plans to Make ICOs Obsolete

France-based crypto asset issuance platform Tozex claims to have created a new vehicle for crypto financing that can offer firms a way out of the tough economic times due to the pandemic — the ‘Believers Reward Offering,’ or BRO. Tozex claims that the BRO comprises “the first sustainable alternative” to initial coin offerings (ICOs) and …

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Belarus Banks Announce Upcoming Token Pilot Program

On June 10, 12 Belarus’ commercial and state-owned banks received permission from the national central bank to issue digital tokens. They will distribute these digital offerings through an upcoming pilot program. According to Sputnik Belarus, the country has adopted Decree No. 8, “On the development of the digital economy,” giving the power to the Belarus …

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South Korea to Start Taxing Bitcoin Profits in 2021

South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry of Economy and Finance proposed the amendments to the existing tax law …

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Another Class Action Against Block.​One Alleges Dirty Dealings During EOS ICO

Per a May 18 complaint, more investors are looking to recoup funds invested in the record-breaking initial coin offering for EOS — which netted a total of $4 billion in cryptocurrency. Lawyers for the plaintiffs are calling over $200 million of that money illegally raised.  Conflict with U.S. securities law and investors The complaint alleges …

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Meet Ideaology – All in One Blockchain Solution

DUBAI, UAE, 8th May (Friday)Time: 10 AM New York, NY, USA (GMT-4) ‘MEET IDEAOLOGY’ webconference is looking for youThe exclusive, pre-launch presentation for the top crypto people In an effort to make top-shelf blockchain partnerships before their Initial Coin Offering is launched, Ideaology ( www.ideaology.io ) is organizing the Web-Conference ‘Meet Ideaology’ on May 8th, …

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