In our “ICO” section, we cover news and insights about Initial Coin Offerings and other crypto fundraising models. Here you will find information about new token launches, project announcements, and the mechanics behind blockchain-based fundraising. Read the “ICO” section on ForkNews to stay informed about emerging crypto projects and token sales.
It may seem strange, but it appears that 60 of the 100 cryptocurrencies with the largest market capitalization still have not released a working version of the product - despite millions of dollars raised from investors.
According to a recent Diar study, fraudulent ICOs cost investors almost $100 million. Researchers have counted funds stolen since the beginning of July 2016. According to Diar, in the first two weeks of August alone, two large-scale fraudulent ICOs managed to earn $68 million from unwary investors.
Blockchain startup Crown League aims to raise nearly $100 million to create new form of fantasy football
The European Parliament's Economic and Monetary Affairs Committee has prepared draft proposals to create new rules for initial coin offerings (ICOs)
The analytical company ICORating conducted another study of the initial coin offering market and claims that 70% of coins issued through ICO this year will never appear on the exchange listing.
The funds earned from ICOs since the beginning of this year have exceeded the amount of funds earned from ICOs for the entire 2017.
The Wall Street Journal on May 17 released the results of its analysis of nearly 1,500 initial coin offerings (ICOs), showing that 18.6% of them were suspicious. The WSJ staff warned that among the 1,450 IPOs they found, 271 used “deceptive or outright fraudulent tactics.”
American Ryan Coffey filed a lawsuit against Ripple in San Francisco County Superior Court, seeking damages from Ripple “on behalf of all investors.” Coffey argues that the company's actively promoted XRP token is an unregistered security that is being illegally offered to investors.
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