Category: Investments

US Regulator Issues Cease and Desist Orders Against Three Crypto Promoters

North Dakota Securities Commissioner Karen Tyler has issued cease and desist orders against three firms for allegedly offering unregistered and fraudulent securities in the form of Initial Coin Offerings (ICOs), according to an announcement published Oct. 11. The companies at the center of the orders are Crystal Token, Advertiza Holdings (Pty) Ltd., and Life Cross […]

Research: $20 Billion Raised Through ICOs Since 2017

Initial Coin Offerings (ICOs) have raised $20 billion since the start of 2017, which is $18 billion more than the previous year, according to a recent study by financial research firm Autonomous Research. The study dubbed “Crypto Utopia” explores the cryptocurrency industry over the past year, focusing on ICOs and the regulation to which they […]

Circle Acquires Crowdfunding Platform and Broker-Dealer SeedInvest

Cryptocurrency finance company Circle Internet Financial Ltd. has acquired equity crowdfunding platform and broker-dealer SeedInvest, according to an announcement published October 5. Exact terms of the transaction were not disclosed. New York-based SeedInvest was founded in 2012 as a startup investing platform. Since then, the company has reportedly raised capital for 220 firms through more […]

Coinbase Negotiation Could Value Crypto Exchange at $8 Billion

San Francisco-based cryptocurrency exchange and wallet service Coinbase is finishing negotiations that would value the company at $8 billion, technology news site Recode reports Oct. 2. Citing anonymous sources familiar with the matter, Recode states that Coinbase is in talks with Tiger Global and its shareholders regarding a possible $500 million investment. The sources reportedly […]

Investment Firm Denies Involvement In Bitmain IPO Following Erroneous Media Reports

Singapore-based investment company Temasek has officially denied involvement in the cryptocurrency mining giant Bitmain’s Initial Public Offering (IPO), according to an official statement August 30. Last month, media reported that Temasek was one of the key investors in the Bitmain pre-IPO funding round. The investment firm’s commitments for the pre-IPO allegedly totalled $560 million. In […]

ICO Market Doubled Since Last Year, Shows Increased Institutional Investment

The Initial Coin Offering (ICO) market has more than doubled in a year according to ICORating’s ICO market report for the the second quarter of 2018, published August 8. ICORating is an independent rating agency that conducts independent analytical research evaluating ICOs and the ICO market. According to the report, ICOs in 2018 have already […]

Japan Self-Regulatory Crypto Exchange Association Considers Trading Cap for Some Clients

The Japan Virtual Currency Exchange Association (JVCEA) will obligate its member exchanges to place limits on the trading activity of some clients, Cointelegraph Japan reports today, July 28. The self-regulatory body has reportedly established a policy of to require its member crypto exchanges to place maximum limits on the volumes traded by the exchanges’ customers. […]