Tag Archives: ICO News

Photo: Block.oneThe EOS blockchain developer Block.one has been charged by the United States Securities and Exchange Commission (SEC) over its 2017-2018 ICO which raised about $4.1 Billion during the process. The Commission charged the company with the relatively low sum of $24 Million which boils down to about 0.58% of the sum raised during the offering which is relatively light when comparing the amount raised to the amount charged.Following the DAO report which highlighted several types...

Photo: ShutterstockIt might come as a surprise to you that the Token Offering market is just a shell of its former self. Laden with all kinds of hurdles, from the regulatory front to the technological front. Only 69 token sales took place during the month of August, a staggering 81% reduction on a YOY basis, according to Blockchain and Crypto report August 2019. Photo: InWaraBut first, what actually caused the “crypto winter”?In 2017, Initial Coin Offering (ICOs) were gaining popularity as...

Bitcoin bull John McAfee wants to resolve his disagreement with the South China Zombie Research Centre over their "zombie ICO" partnership. | Source: REUTERS/Alexandre MeneghiniBitcoin bull John McAfee wants to resolve his dispute with the South China Zombie Research Centre over their "zombie ICO" partnership.China Zombie threatened to file a $100 million lawsuit against McAfee. In an angry tweetstorm, China Zombie claims McAfee trashed them in a white paper they had hired him to write to...

Source: REUTERS / Alexandre Meneghini (i), Shutterstock (ii). Image Edited by CCN.A Chinese crypto project that allegedly paid 2020 U.S. presidential candidate John McAfee $4.5 million to promote the Initial License Offering (ILO) of its Zombie Coin has now threatened to sue the influencer for $100 million.According to the firm behind the CZcoin cryptocurrency project, South China Zombie Research Centre (SCZRC), the cryptocurrency influencer has reneged on the terms initially agreed upon....