ICO Wrap – Initial Coin/Token Offering News Summary for May 18, 2018

ICO News | May 18, 2018 By:

Poloniex Exchange De-Lists BELA Coin As It Switches To New Token

The Poloniex exchange has de-listed the BELA legacy coin, as the photo-sharing service switches over from its old blockchain tokens to a new ERC-20 token.

Texas Regulator Halted ICO That Used Fake Celebrity Endorsements

The Texas State Securities Board (SSB) has issued an emergency cease-and-desist order against a company that it claims used fake endorsements from celebrities to fraudulently promote its initial coin offering (ICO).

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Crypto Research Platform ICOCrunch Partners With Indorse To Ensure Legitimacy Of ICOs

Announcements, ICO News | May 18, 2018 By:

Singapore-based decentralized social network Indorse has teamed with crypto research platform ICOCrunch to drive transparency among initial coin offering (ICO) projects.

Founded in 2017 by David Moskowitz and Gaurang Torvekar, Indorse is a decentralized professional network which aims to build a social network where the user is in charge of their own data,

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Silicon Valley Crypto Investors Asked SEC To Not Categorize ICO Tokens As Security

ICO News, News | April 20, 2018 By:

Silicon Valley venture capital firms Andreessen Horowitz and Union Square Ventures have reportedly urged the US Securities and Exchange Commission (SEC) to take an industry-friendly approach to initial coin offering (ICO) regulations.

According to the Wall Street Journal, the venture capital firms met with top officials of the SEC’s Division of Corporation Finance on March 28.

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