Kik Must Pay SEC $5M, Judge Rules, Ending Yearlong Battle Over $100M ICO
Kik will pay $5 million in penalties as part of a proposed settlement with the SEC, which sued the messaging app last year.
Backed by BlockTower and others, the shyft token helps a decentralized network of exchanges comply with anti-money laundering rules.
Meanwhile, The Graph's $12 million raise is one in a line of many public token sales this year.
A scuttled deal between Sam Bankman-Fried’s Alameda Research and DeFi upstart Reef Finance offers an inside look at the wild world of OTC trading.
Decentralized data-indexing protocol The Graph has raised $12 million in a public sale of its native GRT token.
Blockchain startup CasperLabs has banked $14 million from investors who pledged to secure its proof-of-stake Casper network at launch.