The SEC posted a statement on Jan. 14 advising potential investors to be cautious with IEOs, which could be unregistered securities. The U.S. Securities and Exchange Commission (SEC) sent out a warning today from its Investor Education and Advocacy wing, urging citizens to be wary of initial coin offerings (IEOs). In a Jan. 14 statement…
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The new fundraising phenomenon has so far failed to deliver for many buyers, who may have lost almost all their money depending on when they bought IEO tokens. Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the…
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MATIC crashed on Dec. 10 while seeing its other IEO token counterparts face similar fates as a bearish picture emerges on their price charts. One of Binance’s initial exchange offering (IEO) tokens, Matic Network (MATIC), dropped almost 70% on Dec. 10. Meanwhile, other IEOs such as Celer Network (CELR) and Harmony (ONE) also followed suit. …
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A sudden surge in selling pressure causes MATIC token to dive from above 550 satoshis to under 200, leading to accusations of insider manipulation staff deny. Ethereum (ETH) based cryptocurrency payment network Matic has described as “baseless” claims it manipulated the price of its token after it crashed 60% in minutes. In a blog post…
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Binance IEO tokens such as MATIC and ONE have been flashing bullish signals amid some impressive price gains in recent days. As everybody focuses on the recent price action of Bitcoin (BTC), some other cryptocurrencies are deciding to break out of their long term downtrend. Notably, Initial Exchange Offerings (IEOs) and Binance IEOs, in particular. …
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Manny Pacquiao’s PAC token is set to be listed through an IEO on GCOX on Nov. 12, allowing fans exclusive access to the boxing star. Boxing legend and Phillipino politician Manny Pacquiao’s PAC token will become available for purchase on the Singapore-based GCOX crypto exchange through an initial exchange offering on Nov. 12, according to…
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The token sale was due to support Dotcom’s K.im content sharing platform, but will now face an unspecified delay. Cryptocurrency exchange Bitfinex has abruptly canceled its token sale for K.im, Kim Dotcom’s Bitcoin (BTC) content sharing service. In a blog post on Nov. 5, executives said they had agreed not to go ahead with the…
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The share of investments in IEO is becoming much larger and catching up with the IPO market indicators with the mass adoption of “multiple IEO” and STEO trends. The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new…
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South Korean social media platform Cyworld has shut down operations prompting concerns about the future of its Clink cryptocurrency. South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset…
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