IEO News

Ethereum co-founder Joseph Lubin could soon be sued by a former employee, according to court documents filed in New York.

CoinGecko, one of the world’s leading cryptocurrency aggregators, today published its 2019 Quarter 2 Cryptocurrency Report. The 46-page report gives an overview of the state of the cryptocurrency market and the major events that happened in the second quarter of 2019.

Reg A + crowdfunding is one of the most desirable ways to collect investment in the US market, allowing you to raise up to $ 50 million. That’s what Nikita Novikov, a lawyer of blockchain pactice Juscutum told LetKnow.News.

After a prolonged collapse of the crypto market in 2018, many experts started saying that the ICO market had died. However, that’s not the case, and startups continue to raise millions through the initial offers of their coins.

Blockchain startups have raised a total of $822 million during the first half of this year, according to a report from venture capital firm Outlier Ventures.

The buss word on the crypto market now is the initial exchange offer (IEO). That’s what Yevgeny Khashin, co-founder and CTO of the Cryptoprocessing Fintech project Cryptoprocessing, told in his interview for LetKnow.News.

Algorand raised over $60 million in a token sale of its native Algo token on Coinlist, using a Dutch Auction mechanism that ensures market participants set a uniform price per Algo. All 25 million tokens were sold at a market drive price of $2.40.

Ampleforth, the first token to be offered on Ethfinex and Bitfinex’s IEO platform Tokinex, reached $5 million in 11 seconds during its initial exchange offering, according to a news release. Jean Louis van Der Velde, CEO of Bitfinex and Ethfinex called the demand for the sale “incredibly high.”

Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but there are a lot of catches.

There’s a new fundraising sheriff in town in the maturing cryptocurrency space. While initial coin offerings (ICOs) were all the rage during the last bitcoin bull run, initial exchange offerings, or IEOs, have muscled them out of the way. If it weren’t IEOs, the market would have likely found another mechanism, but these appear to be the deal of choice for now.

Budweiser’s parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.

John Reed Stark, who served for 20 years with the US Securities and Exchange Commission (SEC) – 11 of which as head of its Office for Internet Enforcement – used his latest swipe at BTC to carry a foreboding message that crypto will, without warning, have a value of zero. Mr Stark, who has repeatedly railed against crypto since leaving office, regularly writes articles and essays on why he sides with entrepreneur Warren Buffet in a shared dislike of currencies they both label as “akin to rat poison”.

Details about former Bitmain’s CEO Jihan Wu’s newest venture haven’t been particularly forthcoming.

Blockchain-based lending platform Bitbond is launching a security token offering (STO) that it says is the first to be approved by a regulator in Germany.

The initial coin offerings (ICO) sector is showing signs of an uptick due to positive investor sentiment, apparently spurred by the recent crypto market rally. The data was revealed in a new report from token rating platform ICObench, shared with Cointelegraph on May 25.

A blockchain startup is bringing the fight for free speech to the domain level.

French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.

Bitfinex’s parent company has received $1 billion in hard and soft commitments for its exchange token sale, according to a shareholder involved in the process.

Since the beginning of 2018 a significant crisis has existed in the ICO market. The amount of funding being raised has fallen by almost 90%; regulators around the world are on the lookout for crypto startups; and experts are calling this market a “dead” one.

Even though iFinex, the parent company of Bitfinex, has not published an official white paper for its exchange token offering, one of its shareholders has already kicked off pre-orders for the token sale.