Initial Price of Telegram’s Gram Will Be 3X than in 2018 ICO

Initial Price of Telegram’s Gram Will Be 3X than in 2018 ICO

One of the messaging giants Telegram is on its way to bring the public issue of its Gram token at some point in October 2019. The proposed sale will kick start on 10th of July through Japanese cryptocurrency exchange Liquid. Bloomberg reports that Gram Asia will sell rights to its Gram holdings at $4.00 per token, which is three times as much as the original $1.33 ICO sale price in 2018. This clearly indicates that…

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“Totally Different”: McAfee Freedom Coin Will Not Be Minable and Will Not Include ICO

“Totally Different”: McAfee Freedom Coin Will Not Be Minable and Will Not Include ICO

Antivirus software pioneer John McAfee has recently come into the crypto limelight (again) for an announcement he made on Twitter. The famous ‘crypto freedom lover’ John McAfee tweeted his plan to launch a digital coin which, according to him, will be totally different from other cryptocurrencies and that it will also bears his name, “McAfee Freedom Coin.” In the crypto community, McAfee is known for his optimistic views of Bitcoin and other cryptocurrencies. Previously, he…

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Kin (Parent of Kik App) Crowdfunds $5 Million in Crypto to Help its Fight Against the SEC

Kin (Parent of Kik App) Crowdfunds $5 Million in Crypto to Help its Fight Against the SEC

Kik, a Canada-based messaging app firm, has launched a crowdfunding campaign to raise $5 million in cryptocurrencies to help with its upcoming court battle with the U.S. Securities and Exchange Commission (SEC). Kin, the parent company of Kik, raised $100 million USD during the Kik messaging app ICO; the firm is now launching a Defend Crypto Fund to protect against a potential SEC enforcement due to that ICO. The crowdfund was announced Tuesday on the…

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Commentary: Rapper TI Sold Unregistered Securities in the Form of FLiK Tokens

Commentary: Rapper TI Sold Unregistered Securities in the Form of FLiK Tokens

Stephen Palley, a lawyer at Anderson Kill, has unleashed a series of tweets in his Twitter account about the FLiK token case in which the famous rapper TI found himself sued for $5 million. In his commentary, Palley states that the court relates to the token as a security rather than a utility token. FLiK is an end to end entertainment platform that allows entertainment projects to be funded. FLiK tokens can be used to…

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Exposé Reveals that RepuX and JoyToken Stole $8 via Fraudulent ICOs

Exposé Reveals that RepuX and JoyToken Stole $8 via Fraudulent ICOs

Blockchain startups RepuX and JoyToken have reportedly pulled a joint initial coin offering (ICO) exit scam and said to have stolen $4.7 million and $3.3 million from investors respectively, as reported by The Next Web on May 16. It is said to be one of the major ICO scams reported in 2019. Further investigation by Hard Fork had also revealed that their UK offices disappeared this week which was confirmed by the official legal registrar…

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Research: ICO’s Are Down 3,800% While IEO’s Already Raised $40 Million in Q1 2019

Research: ICO’s Are Down 3,800% While IEO’s Already Raised $40 Million in Q1 2019

Just a couple of years ago, ICOs were the most successful way to raise capital for new cryptocurrency and blockchain projects. Then came the bear crypto market, causing the biggest drop in capital raised by ICOs ever seen. The bear market has since dragged on for more than one and a half years and ICOs have suffered all the way through the bearish run. A recent report done by BitMex Research shows that just in…

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The Fall of the ICO Market: A Plunge of 80% in 2019

The Fall of the ICO Market: A Plunge of 80% in 2019

The crypto world provided many entrepreneurs a great opportunity to materialize their ideas by using funds raised during initial coin offerings (ICOs). Starting a new company with capital has never been this easy. ICOs started back in 2014; however, it wasn’t until the end of 2017 that this market had really become popular. During early 2018, we could see that huge chunk of all initiated ICOs were raising enough funds which allowed them to start…

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U.S. SEC Willing to Cut Deals with ‘Prodigal ICOs’ that Admit their Wrongdoings

U.S. SEC Willing to Cut Deals with ‘Prodigal ICOs’ that Admit their Wrongdoings

As the primary financial watchdog in the United States, the Securities and Exchange Commission (SEC) can be likened to a mom who oversees the affairs of her children – financial firms including crypto firms. Like every mom, the SEC keeps its children in check by laying down some ground rules on the dos and don’ts in the home. And as expected of every young child, they see these rules as rather stringent and would love…

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Swiss Financial Watchdog FINMA Slams the Door on Envion AG Due to Illegal ICO

Swiss Financial Watchdog FINMA Slams the Door on Envion AG Due to Illegal ICO

As expected of any large industry, the crypto sphere is littered with both the good and bad eggs. Unfortunately, the bad eggs sometimes tend to be too many to hand pick. However, financial watchdogs of individual countries are unrelentingly struggling to fish out these con men out of the crypto space; and thus, creating a safer and better environment for crypto investors and enthusiasts to trade in. Although the size and drawbacks of the crypto…

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Global Real Estate Giant Emaar Group to Launch a Community Token

Global Real Estate Giant Emaar Group to Launch a Community Token

One of the world’s largest real estate development companies, Emaar Properties, is all set to launch an Ethereum-based community token by the end of this year to enhance customer loyalty and referral ecosystem of the group. Emaar Properties has a valuation of approximately US$35 billion, and is responsible for the development of the world’s tallest building Burj Khalifa and other such iconic structures. The development of the token is given in hands of the Swiss-based…

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