Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale

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Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale
Blockstack is likely to set a new precedence in the ICO Industry to be the first company to conduct its token sale under the SEC Regulation A+ framework.
Blockstack Set to Raise $50M Via World’s First SEC-Approved Crypto Token Sale

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Source: CoinSpeaker

Pinterest Lowers Down Expectations of Their IPO, Uses Unpopular Share Structure

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Pinterest Lowers Down Expectations of Their IPO, Uses Unpopular Share Structure
After Lyft and TradeWeb went with their IPOs, another big company decided to do the same. Pinterest has already begun to prep for this by slashing its IPO target by billions of dollars.
Pinterest Lowers Down Expectations of Their IPO, Uses Unpopular Share Structure

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Source: CoinSpeaker

South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for Cryptos

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South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for Cryptos
South Korean authorities will re-evaluate the existing crypto rules with a view to support the growth and development of the crypto industry.
South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for Cryptos

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Source: CoinSpeaker

Binance Launchpad Introduced Matic Network (MATIC) Token Sale

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Binance Launchpad Introduced Matic Network (MATIC) Token Sale
Binance today announced the next project on Binance Launchpad – Matic Network (MATIC). The MATIC token sale will follow a new lottery format, using the new rules previously announced by Binance.
Binance Launchpad Introduced Matic Network (MATIC) Token Sale

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Source: CoinSpeaker

Beware – Million Dollar ICO’s Founder and Assets Caught by Canadian Police

ICO sale was the hottest trend in the year 2017 – among all such ICOs, the parent of FUEL token had raised a total of $30 million CAD (Canadian dollar). Recently, Canadian police ran an investigation into FUEL token and its founders which runs a firm called, Vanbex.
Etherparty / FUEL Token Caught with Fraud Charges
Per the reports, the company is a brainchild of Kevin Hobbs and Lisa Cheng who raised $22 million worth of fiat and crypto assets via crowdfunding of FUEL token. Police investigation of these founders reveals that ‘they haven’t intended to build any usable products’ which however promised to make FUEL token worth in forthcoming smart contract system known as Etherparty. Moreover, sources also reported that the firm had also discussed how this new Etherparty would boost the value of FUEL token.
Concerning the similar regards, Canada’s Ministry of Attorney General anxiously states that;
“FUEL tokens became virtually worthless in dollar value while not being capable of use in the non-existent smart contracts system or for any product or service other than a cryptocurrency coin creating service called Rocket”.
Director further continued that;
Hobbs and Cheng “did not intend to develop the products they were marketing but rather [acted] with [the] intention misappropriate the corporately invested funds raised for their own personal benefit.”
To note, investigation on Vanbex isn’t new –the police had reportedly investigated the founders in May 2018 as well. Accordingly, the Canadian Revenue Agency also began the tax probe. However, the token is already listed on Coinmarketcap with name Etherparty, following the token tag FUEL. At the moment, its value is declined to $0.013442 after begging off 4.36 percent within a couple of hours.
Source: Coinmarketcap
Although police are still investigating founders there are no criminal charges that have filed against founders yet – however, reports noting that founders of Vanbex denied the fraud charges. Moreover, founders also say the fraud charges are false and a police investigation is due to ‘false claims by a former contractor’.
Nevertheless to note that the Lisa Cheng (one such founder) tweeted a Goodbye office post on March 29 without further clarification.

What do you think the intention behind the founder’s tweet? Where must she be going after Goodbye office post? Let us know 
The post Beware – Million Dollar ICO’s Founder and Assets Caught by Canadian Police appeared first on Coingape.
Source: CoinGape

Why IEO is the Most Efficient Method of Fundraising?

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Why IEO is the Most Efficient Method of Fundraising?
Anton Dzyatkovskiy, a Co-Founder of Platinum LLC, takes a look at the differences between ICO and IEO, reasoning why the latter is the most efficient method of fundraising.
Why IEO is the Most Efficient Method of Fundraising?

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Source: CoinSpeaker

Celer Network’s ICO Completed in 17 min on Binance’s LaunchPad

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Celer Network’s ICO Completed in 17 min on Binance’s LaunchPad
Binance Launchpad, the token sale platform of the world’s largest cryptocurrency exchange, has completed yet another successful token sale – that of Celer Network.
Celer Network’s ICO Completed in 17 min on Binance’s LaunchPad

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Source: CoinSpeaker

Insider Insights: Binance Set to Become the World’s First Decentralized Corporation

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Insider Insights: Binance Set to Become the World’s First Decentralized Corporation
It is said that Binance will transfer all the company’s value to its native BNB coin to become the first decentralized corporation in the world.
Insider Insights: Binance Set to Become the World’s First Decentralized Corporation

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Source: CoinSpeaker

PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

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PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018
Experts of PwC’s Strategy& and Swiss-based CVA have explained why there is no fundamental difference between ICOs and STOs.
PwC’s Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

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Source: CoinSpeaker

Max’s Corner 6: Breakthroughs in Cryptography

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Max’s Corner 6: Breakthroughs in Cryptography
Welcome back to Max’s Corner, brought to you by Max Hasselhoff from Bytecoin. With the RSAC taking place in San Francisco this week, we decided it would be fitting to dedicate this version of Max’s Corner to developments in cryptography.
Max’s Corner 6: Breakthroughs in Cryptography

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Source: CoinSpeaker

World’s Biggest Tech Corporation Microsoft Ventures Into ICO

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World’s Biggest Tech Corporation Microsoft Ventures Into ICO

The new ICO solution has been jointly developed by Microsoft Azure and Stratis – an ICO platform that offers KYC solutions, custom branding and support for different currencies.

World’s Biggest Tech Corporation Microsoft Ventures Into ICO

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Source: CoinSpeaker

Will 2019 be in Favor of Security Token Offerings?

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Will 2019 be in Favor of Security Token Offerings?

Here comes another alternative of ICO, that is known as Security Token Offering (STO). There are analysts who believe that STOs will eventually replace ICOs. Here’s what makes them think like that.

Will 2019 be in Favor of Security Token Offerings?

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Source: CoinSpeaker

Token Launch Platform CoinList Offers Its First Token Sale of 2019, Expects ICO Market Rise

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Token Launch Platform CoinList Offers Its First Token Sale of 2019, Expects ICO Market Rise

After a year-long break, CoinList platform is back on a track offering the U.S. accredited investors and international customers to buy out Ocean’s utility tokens.

Token Launch Platform CoinList Offers Its First Token Sale of 2019, Expects ICO Market Rise

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Source: CoinSpeaker

Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

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Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

Gladius Network LLC self-reports to the SEC for overseeing an unregistered ICO enabling them to avoid penalties provided that they pay all the investors who request for a refund.

Gladius Gets Reprieve from the SEC and Returns its ‘Unregistered ICO’ Cash

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Source: CoinSpeaker

SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

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SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

The crypto-darling SEC commissioner Hester Peirce is explaining delays in a regulatory toolset for token offerings as she mobilizes financial authorities to work on a deliberate approach to digital assets.

SEC to Clarify ‘Overly Broad’ Regulation for Crypto Token Sales

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Source: CoinSpeaker