WSJ Report Claims A New “ICO 2.0” Craze Is Just Starting

Could A New “ICO 2.0” Craze Just Be Starting?

A new Wall Street Journal market report is indicating that the initial coin offerings craze of 2017 might be restarting. However, this “ICO 2.0” craze could look a little bit different compared to the last one. Are IEOs an “ICO 2.0” craze? According to the Wall Street Journal piece by Steve Russolillo, the broad rebound … Continue reading WSJ Report Claims A New “ICO 2.0” Craze Is Just Starting

SEC Sues Kik for $100M ICO, Experts Call SEC’s Case ”Very Strong”

The United States Securities and Exchange Commission (SEC) has now filed a lawsuit against the messaging company Kik. Specifically, the SEC is suing Kik over the firm’s initial coin offering (ICO) for its Kin token back in 2017. The SEC sues Kik for its $100 million ICO from 2017 Moreover, the SEC filed an official … Continue reading SEC Sues Kik for $100M ICO, Experts Call SEC’s Case ”Very Strong”

SEC Ruling on TurnKey Jet: ICO Tokens Not Securities, New Digital Currency Framework?

SEC Ruling on TurnKey Jet ICO Tokens Not Securities, New Digital Currency Framework

The United States Securities and Exchange Commission (SEC) has issued a no-action letter confirming TurnKey Jet’s ICO tokens (TKJ) are not securities. In a positive move for largely unknown jet-leasing start-up TurnKey Jet, the SEC has released a letter in which it states that the tokens the firm issues during its initial coin offering are … Continue reading SEC Ruling on TurnKey Jet: ICO Tokens Not Securities, New Digital Currency Framework?

Founder Selling Failed ICO on eBay for $60,000

Founder Selling Failed ICO on eBay for $60,000

A 21-year old Belarusian man is now turning to eBay in hopes of finding a potential buyer for his blockchain project, Sponsy. This comes after Sponsy unsuccessfully tried to launch an ICO in the summer of 2018. Finishing product development led Sponsy to miss the ICO craze Specifically, Sponsy’s founder, Ivan Komar, has spoken out … Continue reading Founder Selling Failed ICO on eBay for $60,000