UK Lawmakers Call For More Regulations on Crypto | Coindelite News
Crypto Regulation

UK Lawmakers Call For More Regulations on Crypto

According to the reports, U.K lawmakers have called for more oversight and regulation on the cryptocurrency industry. The lawmakers have stated that cryptocurrencies don’t have any inherent value. They are very risky for retail investors. The lawmakers think that digital currencies are vulnerable to manipulation. The report also states that …

The Bank of Russia's ICO Experiment is Successful | Coindelite News
ICO News

The Bank of Russia’s ICO Experiment is Successful

According to the reports, the central bank of Russia has successfully conducted a test on an ICO (Initial Coin Offering). One of the officials from the bank revealed the announcement at Eastern Economic Forum in Vladivostok, Russia. The bank’s deputy director of the financial department, Mr. Ivan Semagin announced the …

Half of the ICOs Have Failed Between 2017 to 2018 | Coindelite News
ICO News

Half of the ICOs Have Failed Between 2017 to 2018

Research and consulting firm GreySpark Partners recently published a report on failed ICOs. The report stated that half of all Initial Coin Offerings (ICOs) in 2017 and 2018 was unable to raise any funds. But, 40 percent ICOs had raised $1 million each. The consulting firm has been studying ICO market …

Indian Supreme Court to Hear RBI Ban on Tuesday | Coindelite News
Cryptocurrency News

Indian Supreme Court to Hear RBI Ban on Tuesday

The Indian Supreme Court will be hearing all petitions against the crypto banking on Tuesday. Several Indian Exchanges’ CEOs shared their opinions about what they expect from the hearing. They also described how they would see court’s ruling affecting the crypto community. In April 2016, Reserve Bank of India (RBI) …

WeChat Blocks Cryptocurrency Related Accounts | Coindelite News
Cryptocurrency News

WeChat Blocks Cryptocurrency Related Accounts

According to the reports, China’s biggest social media platform WeChat has blocked crypto related accounts. WeChat officials stated that some public accounts were blocked as they were promoting ICOs and Crypto trading. The company further commented that the official orders are being made to block such accounts permanently. On August …

Wikipedia Is Not Interested In Launching An ICO Says, the Founder | Coindelite News
ICO News

Wikipedia Is Not Interested In Launching An ICO Says, the Founder

Jimmy Wales, the founder of Wikipedia has told that his company has no interest in launching an Initial Coin Offering (ICO) or using digital currencies in general. While he was asked whether Wikipedia considers the launch of an ICO or cryptocurrencies, he replied that the firm is “absolutely never going …

ICOs are Taking Advantages of Retail Investors says Nasdaq CEO | Coindelite News
ICOs News

ICOs are Taking Advantages of Retail Investors says Nasdaq CEO

Nasdaq CEO Adena Friedman says ICOs are Taking Advantages of Retail Investors According to CEO of Nasdaq, Initial Coin Offerings has brought billions of dollars this year and mostly from the retail investors. The process presents those investors to severe risks. Adena Friedman at  the Future of Fintech conference in …

John McAfee will No Longer Promote ICOs, Because of ‘SEC Threats’

Cyber-security Tycoon John McAfee won’t Promote ICOs Anymore, Cites ‘SEC Threats.’ The Cybersecurity tycoon-turned-digital currency backer, Mr. John McAfee, stated on Tuesday that he will end his work on Initial Coin Offering (ICOs). In a tweet, John McAfee referred ‘SEC Threat’ when explaining that he would stop working on the token …

A Brief Guide to Funding in ICOs

Several startups boosted around $5.6 billion via ICOs during 2017, as mentioned in a report published by Business Insider. In the year 2017, various projects and startups raised capitals by issuing their cryptocurrencies. Although, initially the cumulative market capitalization of crypto values was $254 billion, an increase of $600 billion …

A Village in Japan is Planning their own ICO

A Japanese Village is Launching the Country’s first ICO on the Municipal level A small Japanese village is shifting to digital currencies in an attempt to bolster its economy. Nishiawakura, a village of roughly 1,500 people in the Okayama prefecture in Japan, unveiled its plan last week to start a …