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Kik Messaging App Now Has New Owner, Will Continue Work on Kin Token

News MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin tokenOn Oct. 18, in a blog post to the millions of members of the Kik community, MediaLab announced that ..

A New Trend in Crypto Funding Campaigns: Companies Resorting to IEOs

Opinion 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second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model.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 trend — the key role of which is played by a cryptocurrency exchange auditing projects and organizing token sales ..

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

News The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industryAccording to an official statement from Oct. 15, the SCA will be collecting public feedback on the draft regulations until Oct. 29 be..

Hard to Kill: Research Finds Even ‘JokeCoins’ Have a 1.4 Year Lifespan

News Blockchain education platform Longhash has analyzed data from crowd-sourced sites to assess why certain cryptocurrency projects have wound up in the industry’s graveyard. Examining 700 crowd-sourced entries spanning 8 years from the website Cointopsy, Longhash’s Oct. 12 article found that the..

Kik Announces It’s ‘Here to Stay’ in Apparent Reversal of Fortunes

News Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties. In an official tweet posted on Oct. 13, the company announced: “Great news: Kik is here to stay!!!!AND there’s some really exciting plan..

US SEC Halts TON Launch Over $1.7B ICO — Highest-Level Action Yet?

Follow up Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token sale. According to the complaint filed in the federal district court in Manhat..

Telegram’s TON Board ‘Takes a Break,’ Removes All History From Channel

News Following a recent red flag from United States. regulators, a private Telegram channel for Telegram Open Network (TON) is taking a break. Temporary halt for more clarityOn Oct. 12, TON Board channel on Telegram announced a temporary halt of work due to the increased level of regulatory uncert..

Breaking: US SEC Deems $1.7 Billion Telegram Offering Illegal, Orders Halt

News The United States Securities and Exchange Commission (SEC) has announced that Telegram and the forthcoming GRM token constitute an unregistered digital token offering. Per an Oct. 11 press release, the SEC has filed an emergency action and restraining order against Telegram and the Telegram O..

Thailand’s First Regulated ICO Portal Targets $98M Token Offering

News SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s securities regulator. According to an Oct. 11 report from The Bangkok Post, SE Digital plans to launch Thailan..

Japan Security Token Offering Association: The Way of Self-Regulation

Analysis Security token offerings, or STOs, have more or less taken the mantle from their semi-defunct counterpart, the initial coin offering (ICO). Still, the extreme rise and subsequent fall of the ICO has left quite an impression on the cryptocurrency industry. At its peak prevalence in 2017, t..

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