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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 …
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 …
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 …
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 …
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 …
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 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 …
Moscow Exchange Is Planning To Share Information About Initial Coin Offerings (ICOs) The Moscow Exchange (MOEX) is arranging to allotment majority of the data over initial coin offerings (ICOs), CEO Alexander Afanasiev let Reuters. The exchange at present is creating a platform to distributed token sale data, and is preparing …
The Registration Period Of Largest Airdrop Ever Will Come To A Close The enrollment time for what one startup claims to be the biggest airdrop ever will arrive at its end soon. “Decentralized cloud” agency Dfinity published its token distribution plans last week, and, revealed in an explanation that it …
Korean National Assembly Proposed to remove the Ban on ICOs South Korea’s National Assembly, the parliamentary arm of government, is trying to remove country’s ban on domestic initial coin offerings (ICOs). Financial Service Commission of Korea stopped ICOs in the month of September 2017 saying they are over-speculative and establish …
