The Swiss Financial Market Authority (FINMA) said that an encryption company that accepted about US $ 90.5 million in deposits from more than 37,000 individual investors made it illegal. This company, Envion AG, is currently under liquidation by Zug’s bankruptcy authority. The result of FINMA’s decision is that IMOs that started raising money for a […]
Recently we reported that, Indian company Wipro and Amazon Web Services (AWS) have collaborated to set up an innovation center at the Wipro campus in Bangalore, India. The innovation center would serve as a hub for specialized teams and will be dedicated to fields such as Artificial Learning (AL)/Machine Learning (ML), Internet of Things (IoT), Blockchain, among others. […]
Messaging app Telegram’s blockchain known as Telegram Open Network (TON) will have its public token sale on an exchange known as Liquid. The exchange announced that they would be hosting the public Initial Coin Offering (ICO) for Gram (Telegram’s token) on its platform on July 10. The exchange said, “The world’s most anticipated token sale, available to […]
The Securities and Exchange Commission of Zambia has issued a caution to the public to beware of scammers operating cryptocurrency investment advice services. The financial regulators received information about a company called KWAKOO that was pushing an initial coin offering with dubious future price predictions. The nation’s SEC has stated that the firm is not […]
Ethereum was at the top of the game during the 2017 ICO Fury. Thousands of projects were lined up to launch their so-called decentralized assets at the top of the Ethereum block and raised millions of dollars. This boosted demand for the book’s ETH home label, driving its spot price up to $ 1,420 per […]
Cryptocurrency exchange, Binance announced that it was delisting Bitcoin Cash Satoshi Vision, (BCHSV) on Monday. While the announcement did not specify why, this move was quite expected. Readers may have been aware that, in the past few days, Binance Chief Executive Officer (CEO) Changpeng Zhao had amped up his attack against BCHSV founder, Craig Wright. […]
World’s largest exchange Coinbase just announced that they would be rebranding their Cryptocurrency exchange GDAX to Coinbase Pro. Coinbase was built for beginners to acquire cryptocurrencies and sell them if needed. GDAX, on the other hand is a professional trading platform for advanced users to trade on. With the new branding, GDAX users will now […]
On Monday, cryptocurrency exchange, Gemini co-founders Winkevoss twins, Tyler and Cameron hosted a Ask Me Anything (AMA) on Reddit where they answered questions on Gemini’s future plans, the numero uno cryptocurrency, among others. Kicking off the AMA, the twins said, “Today, Gemini ran a full-page ad in the New York Times discussing the cryptocurrency revolution […]
So far, the Initial Coin Offerings (ICO) we have covered have been country-specific. However, in a first, a US-Indo ICO is soon set to launch this year. MTime by Machaao, will revolutionize playing virtual prediction games based on time as proof of work with friends and foes. The company is based both in San Francisco and […]
Following the hubbub in the Indian parliament on cryptocurrencies and regulations, it has emerged that the Reserve Bank of India (RBI) has decided to keep its plans of launching a cryptocurrency, on hold. If readers may recollect, last April the RBI had issued a diktat which stated that all Indian banks had to stop functioning as intermediaries between […]