EOS Community Urged to Reject Block.one’s $22M Settlement
The EOS Network Foundation is calling on the EOS community to opt-out from the proposed settlement as it “does not adequately compensate” for the losses caused by Block.one.
Not only are the $22 million a tiny fraction of the $4 billion raised during the EOS ICO, but the settlement will also bar community members for filing future complaints against the company.
August 9, 2023, 2:17 PM
Image of an EOS crypto token.
Bybit / Flickr
Optimism to Unlock $583M Worth of OP, Doubling Token Supply
The initial vesting period for early investors and contributors of Optimism is about to end on 31 May, an event that will double the circulating supply of OP tokens.
The event is raising concerns about the future price of the token, considering seed investors Paradigm and IDEO are sitting on a potential profit of more than 10,000%.
May 30, 2023, 10:18 AM
Court Denies SEC’s Request to Seal Hinman Speech Documents in Ripple Lawsuit
These documents are seen as central in Ripple’s battle against the SEC, which in 2020 accused the company of selling its XRP token without registering it as a security.
The documents in question are internal emails, text messages, and expert reports that followed Hinman’s 2018 speech, in which he said ETH and BTC were not securities.
May 17, 2023, 1:24 PM
Coinme, Up Global, and CEO Pay $4M to Settle SEC Charges Over UP ICO
The U.S. SEC had alleged that the two companies and their CEO had conducted an “unregistered offers and sales of securities” during their 2017 UPToken ICO.
The three entities did not confirm or deny the allegations, but agreed to pay close to $4 million to settle the charges, and the CEO is barred from an executive position for three years.
May 1, 2023, 12:13 PM
Dec 17, 2021
Avalaunch Project Performance for Investors (Part 2)
Three new Avalaunch IDO tokens are currently valued significantly higher than their sale price.
The upcoming Imperium Empires game is perhaps the most hyped up project to launch a token on the launchpad.
Nov 29, 2021
TaleCraft IDO – Massive Profits and an Overlooked Airdrop
Less than a week after the start of open trading, TaleCraft price is stable at 50 times the IDO valuation.
Every single XAVA staker who claimed an allocation is also eligible for an airdrop worth more than the potential investment amount
Nov 22, 2021
Avalaunch 7 Months In – Project Performance for Investors
The worst performing IDO on the platform is still up in price 3 times, despite not even having a finalised product, while the best performer increased its value 150 times in less than a week.
Avalaunch also has a clever tokenomics system, aimed at attracting new small-time investors.
Jun 9, 2021
Solana Completes $314 Million Private Token Sale
The $314 million funding round is the fourth largest in crypto history outside of ICOs.
The company will use the funds to increase adoption by improving trading and supporting dApps.
May 24, 2021
DeFi Bank Kalmar to Host IFO on PancakeSwap
12.5% of KALM’s total supply will be allocated to the IFO.
Kalmar expects to raise $2.5 million in CAKE-BNB LP tokens.
May 17, 2021
Loopring Introduces Initial Wallet Offering (IWO)
Users will be able to participate in IWOs directly from their Loopring Smart Wallets.
The platform will also launch a trading competition and liquidity mining activities for IWO projects directly on Ethereum’s Layer 2.