Wednesday, March 27, 2024

ICO News

Latest ICO News ✅ – Stay up to date with the current news as it happens. ICO stands for Initial Coin Offering, sometimes know as token sales, or ITEs (Initial Token Events).

Here’s a quick ICO summary:

  • ICOs are the cryptocurrency answer to IPOs.
  • They are fundraising schemes, which typically raise money via Ethereum smart contracts.
  • Most ICOs accept Bitcoin and Ethereum for funding, and some accept many ERC20 tokens and other altcoins.
  • These token sales are usually used to raise funding for blockchain-based projects.

Pumapay Partners With Over 40 Companies Totaling More Than $10 Billion...

On May 7, PumaPay announced via its blog that it had successfully raised $117,019,041 from its private sale, generating a total amount of 78,042,956,829...

Pumapay Joins the List of Highest-Grossing ICO Returns of All Time...

Blockchain firm PumaPay held a token sale for private investors, which concluded on May 9. PumaPay is a platform that enables merchants and online...

Headphones Maker Plans $300 Million ICO, ‘Money Monster Network’

Money-losing company Monster Products Inc. is planning a $300 million “monster ICO” to create an e-commerce platform, the Money Monster Network, as seen in...

Average ICO Investor Earned 82% Returns, Boston College Paper Finds

A recent paper by Boston College researchers on ICO returns concluded that the average ICO investor earned 82% returns, with significant evidence of ICO...

SEC Enforces Actions Against Unlawful Schemes in the Crypto Sphere

Since the initial coin offering frenzy of 2107, the Securities and Exchange Commission (SEC) has been actively enforcing its campaign targeting suspicious ICOs while...

SEC Obtains Emergency Court Order to Halt Fraudulent ICO

On May 29, 2018, the Securities and Exchange Commission announced that it had obtained a court-ordered temporary restraining order, including an emergency asset freeze,...

South Korean National Assembly Recommends Lifting of ICO Ban

The National Assembly of South Korea made an official proposal on May 29 to allow initial coin offerings (ICOs) in the country. Business Korea reported that the...

Tokenized Security Offerings, TSOs, May Replace ICOs As a New Means...

Initial Coin offerings, ICOs, can be defined as the unregulated means of raising capital embraced by Blockchain ventures, through issuing tokens in exchange for...

Mount Everest Cryptocurrency Stunt Ends in Tragedy

According to CNBC, ASKfm, sponsored four “cryptocurrency enthusiasts” to hike Mount Everest. The hikers were asked to place a hard drive that contained $50,000...

Centra Tech Founders Charged for Fraud by SEC – DJ Khaled...

With the aim of tricking investors, start-up company Centra Tech made the public believe that it was having a partnership with credible companies like...