Latest ICO News
KakaoTalk, a South Korean instant messaging application, is the newest member of the crypto-community as it is set to launch its native cryptocurrency wallet Klip later this year that will support Klaytn’s cryptocurrency Klay.
Kik kicked back at the SEC lawsuit that claims a $100 million ICO was illegal. The company behind Kik Messenger filed a response in U.S. District Court for the Southern District of New York, alleging that the SEC is “twisting” the facts about its token.
Crypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card.
Security Token Offerings were believed by many to be supposed messiah for the Crypto space and the harbinger of adoption in traditional finance outlets. They were the next revolutionary step in Blockchain-based fundraising, and who could blame them?
Telegram’s unreleased Gram tokens are set for sale to the public at a price three times of its private placement. Still, the source from Telegram says they’ve never heard of Gram Asia.
Ethereum co-founder’s Polkadot blockchain interoperability project has closed its private sale to fund its development claiming a $1.2 billion valuation. Analysts think that it might not have raised the targeted $60 million from that sale.
With a view to ensuring fairness and transparency, Algorand has conducted its token sale in the format of a Dutch Auction raising over $60 million.
