SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering

The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of … Read more

Court Postpones TON Hearing Till February, Impatient Investors May Get 77% Back

The New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can receive … Read more

Telegram Awaits Court Hearing on SEC Case Against Its Token Sale

Telegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before the network was expected to go live. Also read: … Read more

Blockchain States Lure Citizens with Political Nostalgia and Voting Rights

If you’ve ever thought of acquiring a digital, virtual citizenship, there are a couple of new options on the table – a ‘Satoshi Nakamoto Republic’ and a ‘Soviet Land’ on blockchain, among others. True, ‘crypto passports’ often come with coin offerings that you might not necessarily be interested in — But the blockchain republics also promise … Read more

This ICO Project Wants to Detokenize Itself

Digipulse, a Latvian startup offering “crypto-inheritance” services, has decided to completely detokenize its business. Only two of its clients signed up on the platform using its native tokens. The team also says it doesn’t like to rely on price speculation but wants to create value with its service. Also read: Cars and Pizzas for Crypto … Read more

The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of … Read more