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Cannabis and Lending Firm Seeks SEC Permission to Raise $50M in Crypto Sale
9.7.2020
Ceres, started by graduates of the U.S. Military Academy, recently filed paperwork with the SEC seeking permission to sell its digital token and Ceres coin
Legal Implications of Secondary SAFT Sales, Part 2
8.7.2020
Part 2 of this series continues to cover the legal implications associated with the sale of SAFTs and focuses on taxes related to tokens
Legal Implications of Secondary SAFT Sales, Part 1
7.7.2020
Part 1 of this series covers the legal implications associated with the sale of SAFTs and different approaches to legal interpretations of tokens
The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million
6.7.2020
On July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-powered non-fungible tokens (NFTs) are about to cross the $100 million mark. The popularity of NFTs has grown massive since 2017, as blockchain cards, collectibles, digital artwork, virtual...
Nvidia Files Motion to Dismiss $1B Class Action Over Crypto GPU Sales
1.7.2020
Nvidia has filed for the dismissal of a complaint alleging it fraudulently attributed over $1 billion in sales to gaming markets amid the 2017 crypto bubble
US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value
27.6.2020
The U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their...
Australians Can Now Pay for Bitcoin at 3,500 Australia Post Offices
25.6.2020
Australian residents can now pay for bitcoin at more than 3,500 national post offices. The new service launched by Bitcoin.com.au is aimed at promoting cryptocurrencies to mainstream audiences, alongside established businesses and organizations. On June 24, 2020, the firm Bitcoin.com.au announced...
Numerai Raises $3M in Another NMR Token Sale With Union Square Ventures, Placeholder
3.6.2020
Numerai has sold an additional $3 million in NMR tokens to a slate of investors led by Union Square Ventures on the strength of its latest product, Erasure
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware
23.5.2020
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent...
Nvidia Disguised $1B in ‘Fickle’ Crypto Mining Sales as Gaming Revenue, Lawsuit Claims
19.5.2020
An amended lawsuit accuses the chip maker of concealing $1 billion in graphics processing unit sales to crypto miners to downplay risk to long-term profits
Lawsuit Claims Nvidia Misrepresented $1B in Sales to Crypto Miners
16.5.2020
Nvidia investors accuse the firm of intentionally misrepresented over $1 billion in sales to crypto miners
Accredited Investors on CoinList Pour $10M Into Celo Token Sale in Roughly 12 Hours
13.5.2020
Silicon Valley blockchain startup cLabs just raised $10 million for the Celo project through a token sale to accredited investors on CoinList
Investors on CoinList Pour $10M Into Celo Token Sale in Roughly 12 Hours
13.5.2020
Silicon Valley blockchain startup cLabs just raised $10 million for the Celo project through a token sale to investors on CoinList
Mining Titan BHP to Use Blockchain for Iron Ore Sales to Top Steel Producer
12.5.2020
Multinational mining titan BHP Group expects to complete its first blockchain iron ore transaction with major Chinese steel producer Baosteel in the near future
Token Sales Treated as Securities Offerings by Default in Gibraltar
10.5.2020
All tokensales will be treated as securities by default unless the issuer can prove otherwise, says Gibraltar’s financial services minister
Mysterious Company Files New Lawsuit Over Ripple’s $1.1B XRP Sale
5.5.2020
The lawsuit alleging Ripple violated U.S. securities laws comes from a company that previously accused FTX of price manipulation
NEAR Protocol Launches Following $21M Token Sale Led by Andreessen Horowitz
4.5.2020
NEAR announced Monday the closing of a $21.6 million token sale involving a16z, Pantera and others. It also revealed the stealth-mode launch of the NEAR mainnet on April 22
US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
4.5.2020
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict...
Ripple’s XRP Sales Drop Sharply, ODL Gets Traction
1.5.2020
The XRP-affiliated fintech firm Ripple has once again reduced selling from its massive holdings of XRP tokens, this time reaching its lowest quarterly sales ever.
According to their new report, the first quarter of this year saw XRP sales by Ripple of USD 1.75 million. The new figure comes after...