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
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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
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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
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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.