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Ethereum Whales Wake Up From Slumber To Cash Out $90M Amid Rally, But Indicators Show Sentiment Can Flip
Thursday, November 7, 2024 - 1:58am | 683Long-term holders of Ethereum (CRYPTO: ETH) began to profit-take on their holdings amid a rapid surge in the cryptocurrency’s price. What Happened: Two long-term investors sold a total of 33,701 ETH, worth $89.72 million, on Wednesday, according to on-chain tracking platform Spot On Chain. A...
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Hong Kong Financiers Pen Letter To Lawmakers For ICO Portal In Bid To Boost Economy
Thursday, November 30, 2023 - 11:54am | 256The Hong Kong Securities and Futures Professionals Association wants to create an initial coin offering (ICO) portal as part of a broader set of recommendations aimed at enhancing economic recovery post-epidemic. What Happened: In a letter to Financial Secretary Paul Chan Mo-po and Deputy Financial...
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San Francisco's Quantstamp Settles SEC Charges Over $28.35M Crypto Offering
Wednesday, July 26, 2023 - 4:47pm | 608The U.S. Securities and Exchange Commission (SEC) has taken action against Quantstamp, Inc. (QSP), a San Francisco-based firm, for executing an unregistered initial coin offering (ICO) involving crypto asset securities. In a bid to settle these charges, Quantstamp has agreed to relinquish the...
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Crypto Whale Watch: $116M In Ether Acquired In ICO Gets Moved To Kraken Exchange
Wednesday, July 19, 2023 - 10:25am | 457A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of...
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Ethereum ICO Participant's Investment Skyrockets Over 619,000% After 8 Years of Dormancy
Wednesday, July 19, 2023 - 7:45am | 502An individual who took part in an Ethereum (CRYPTO: ETH) Initial Coin Offering (ICO) re-emerged from dormancy after a staggering 8 years and deposited 61,216 Ethereum to the popular cryptocurrency exchange, Kraken. What Happened: The transaction took place several hours ago, according to the...
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Ethereum Wallet Springs To Life After 8 Years, Netting Mind-Boggling 590,000% Gains
Monday, May 29, 2023 - 7:27am | 420After eight years of dormancy, an Ethereum (CRYPTO: ETH) wallet that received 8,000 ETH from participating in the cryptocurrency project’s Initial Coin Offering (ICO) in 2015 has awoken and transferred its contents. What Happened: The owner of the wallet, which has been inactive since...
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Epic Showdown: EOS Network Vs. Block.one — Who Will Triumph?
Monday, May 22, 2023 - 1:55pm | 396In a recent development within the EOS Network (CRYPTO: EOS) community, its founder Yves La Rose urged community members to explore the possibility of initiating legal proceedings against Block.one (B1), a key investor in the network. According to La Rose, B1 has not fulfilled its...
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Bitcoin Whales Awaken As Dormant Wallets Move Millions, Sparking Crypto Speculation
Tuesday, April 25, 2023 - 2:27pm | 472Recent activity in long-dormant Bitcoin (CRYPTO: BTC) wallets has caught the attention of the crypto community, sparking speculation about the motivations behind these moves. These wallets are owned by so-called "whales," or holders of large amounts of cryptocurrency whose actions can...
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ICO-Era Ethereum Wallet Awakens After 7 Years To Reap Over 600,000% Gains
Monday, April 24, 2023 - 6:43am | 472An Ethereum (CRYPTO: ETH) address that had been dormant for over seven years suddenly sprang to life. The address had been involved in Ethereum’s initial coin offering or ICO, and it seems that someone might now be testing the wallet. What Happened: The wallet’s first transaction was a...
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The Downfall Of De-Regulation: How Binance Could Have Learned From INX's First-Ever SEC-Registered IPO On The Blockchain
Thursday, June 9, 2022 - 12:43pm | 468We have reached the tipping point in the demand for cryptocurrency regulation. The United States Securities and Exchange Commission is investigating whether Binance (CRYPTO: BNB) broke securities rules when it launched its token in an initial coin offering (ICO) five years ago, Bloomberg...
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After Killing The ICO Craze, The SEC Takes On NFTs: Report
Thursday, March 3, 2022 - 12:03pm | 278The Security and Exchange Commission is investigating the non-fungible token market — after having killed the initial coin offering craze in 2017 by deeming most tokens unregistered securities. What Happened: The SEC issued summons to NFT creators and crypto exchanges to obtain...
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SEC Still Can't Find Scammer Behind $2.4B BitConnect Crypto Ponzi Scheme
Tuesday, March 1, 2022 - 12:26pm | 338The U.S. Securities and Exchange Commission (SEC) finally decided to sue BitConnect founder Satish Kumbhani for the multibillion crypto Ponzi scheme that he conducted well over three years ago — but he is nowhere to be found. What Happened: Despite its best efforts, the...
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7 Upcoming ICO, IDO & IEOs To Watch In 2021
Wednesday, August 11, 2021 - 4:11pm | 655A combination of factors, such as higher institutional investment in the cryptocurrency market, the NFT (non-fungible token) boom and the popularity of meme coins such as Dogecoin (CRYPTO: DOGE) and SafeMoon (CRYPTO: SAFEMOON), has led to a massive number of new cryptos...
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How STOs Rose From The Ashes Of ICOs (And What They're Doing Differently)
Thursday, July 22, 2021 - 1:24pm | 1032The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. A few years ago, it would have been near-impossible to go a few days without the announcement of one Initial Coin Offering or the other in...
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Why Crypto Veteran Charlie Lee Is Sounding Alarm Against NFT Craze
Wednesday, March 3, 2021 - 12:46am | 656Litecoin (CRYPTO: LTC) creator Charlie Lee, is warning about the frenzy surrounding non-fungible tokens. What Happened: Lee, a former engineer at Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) search unit Google, sounded the alarm on the parallels between the ICO rush of 2017 and the current NFT...