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Stablecoin blockchain project Plasma raised $500 million in its token sale, ten times its initial $50 million goal. These explosive numbers were not just a flashpoint in crypto fundraising –…
The U.S. Securities and Exchange Commission (SEC) has confirmed the distribution of over $4.6 million to investors impacted by the unregistered initial coin offering (ICO) of blockchain startup BitClave. The…
An Ethereum ICO participant has sold another 19,000 ETH over the past two days. This freshly offloaded stash is worth around $47.54 million at the current price. This entity had…
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for…
Ethereum-based decentralized computing platform Golem has sent more than $100 million worth of ETH to centralized exchanges such as Binance, Coinbase, and Bitfinex over the past few weeks. This has…
While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014.…
N-PIK is an online gambling platform that utilizes its own PIK token, PLYP token to enable players to join raffles, as well as a comprehensive token-based economy to allow players…
In a recent blog post titled ‘Points Guard,’ former BitMEX CEO Arthur Hayes made a compelling case for the emergence of “points” as a superior alternative to traditional initial coin…
The Hong Kong Securities and Futures Association also suggested that Hong Kong’s authorities could implement Islamic Banking.
A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws.