Browsing the "Token Sale" Tag

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

| Leigh Cuen

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

auction, auction paddle

Algorand Raises $60 Million in Token Sale

| Daniel Kuhn

The company sold 25 million tokens in less than four hours.

marble, maze

Australia’s Securities Watchdog Has Halted 5 ICOs Since April

| Stan Higgins

Australia's securities regulator said late last week that it has halted five initial coin offerings (ICOs) in as many months.

SEC Slaps ‘Fraudulent’ ICO Founder With $30K Fine, Lifetime Ban

| Stan Higgins and Nikhilesh De

The SEC has issued a cease-and-desist along with a $30,000 penalty to the founder of a token sale it called "fraudulent."

Overstock Blockchain Spin-Off Raises $134 Million – With Millions More Committed

| Stan Higgins and Nikhilesh De subsidiary tZero raised $134 million in its security token offering, the company said Thursday.

A16z Leads $45 Million Raise for Blockchain Startup Oasis Labs

| Nikhilesh De

Cloud computing startup Oasis Labs has raised $45 million in a private token pre-sale to develop its blockchain platform.

US Judge Says Boxer-Backed ICO Token Is a Security

| Muyao Shen

A Florida district court has published an analysis explaining how Centra Tech's CTR token is a security. 

$125 Million: Orchid Is Raising One of 2018’s Biggest Token Sales

| David Floyd

A startup with the aim of building a private, peer-to-peer browser using cryptocurrency has told the SEC it plans to hold a $125 million SAFT.

Justice Department Charges Founders of Mayweather-Backed ICO

| David Floyd

Federal authorities have charged the founders of Centra Tech with securities and wire fraud, shortly after their ICO was shut down by the SEC.

Steven Seagal and Bitcoiin Founders ‘Exit’ As ICO Ends

| Stan Higgins

Steven Seagal will no longer serve as brand ambassador for the "Bitcoiin" cryptocurrency.