The scarcity paradox
Speculating does not create value rather, speculation presents a gamble on a future price. Some people make money with it, but to do well, you need a lot of money in the first place.
Latest initial coin offering News
SEC settles with Sparkster ICO project for $35M, digital asset influencer charged
Sparkster sold millions of SPRK tokens back in 2018 and raised $30 million, with influencer Ian Balina purchasing millions of tokens and then promoting them.
South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA
The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA), saying that South Korea's ICO ban has not been effective so far.
Dragonchain in trouble with SEC over $14M ICO in 2017
The project allegedly minted DRGN tokens in 2017 and sold 55% of the total supply in two phases—a discounted presale in August to select investors and an ICO to the wider public. It raised $14 million through these efforts.
DROPs token founders Jeremy McAlpine and Zachary Matar sentenced in $1.9M ICO scam
Jeremy McAlpine and Zachary Matar pleaded guilty to one count each of securities fraud in August 2021; McAlpine will serve a three-year sentence, while Matar will be sentenced to two and a half years.
Titanium blockchain CEO pleads guilty in $21M digital assets securities fraud case
Michael Alan Stollery admitted to falsifying aspects of Titanium's white paper, lying about his business relationship with the fed, planting fake customer testimonials, and misappropriating investors' funds.
John McAfee’s ICO partner gets lifetime ban, $375K fine in SEC case ruling
Jimmy Gale Watson was allegedly in charge of negotiating with the ICO projects that McAfee promoted on social media and helped him cash out the awarded tokens.
Craig Wright on Bitcoin and the reactionary response to a revolt
As intended by its inventor Dr. Craig Wright, Bitcoin is a tool to track financial crime and existing laws fully applied help with the rest.
South Korea plans to make licensing digital currency industry stricter
The FSC report highlights new regulations that introduce stricter licensing requirements for digital currency exchanges and token issuers based on the risks involved.
South Korea to begin enforcing digital currency regulatory framework by 2024: report
A document titled the 'National Task Implementation Plan' confirmed that South Korean President Yoon Suk-yeol is looking to introduce the Digital Asset Basic Act (DABA) in 2023.
Philippines SEC issues warning vs Leefire digital asset pyramid scheme
The SEC warned that Leefire, which is issuing an ICO and promising lucrative returns, isn’t licensed to service the local market with its pyramid-like products.
Equality of the law
The control of the Bitcoin network is distributed between the developers of the network creating the code and the enforcement through the nodes.