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Tag Archives: Raising

Tezos Foundation Announces Investor KYC and AML Procedure One Year After Raising Money

Even though it appears the Tezos team has successfully addressed most of the problems holding the project back, more controversy looms on the horizon. More specifically, the team has made it clear they will perform thorough KYC and AML checks for all investors. It’s a remarkable decision, considering that those users contributed nearly a year ago. More Worries for ...

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Months After Raising a $100 Million ICO Kik Founder Calls Blockchain”Unconvincing”

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. At the True North tech conference earlier this week, Kik CEO Ted Livingston expressed his surprising opinion about blockchain: “Almost nobody should be looking at it.” Kin Founder Belittles the Blockchain What made the statement highly pessimistic is the fact that Livingston raised over $100 million via ...

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Envion ICO Turns Into a Legal Battle Despite Raising $100M – The Merkle

The initial coin offering industry is plagued by scams, shady projects, and a lot of miscommunication. In the case of the Envion ICO, the founders are suing Matthias Woestmann and his corporation for breaching contractual obligations. This legal action against the shareholders of Envion AG, registered in Switzerland, doesn’t bode all that well for this particular project. What is Going on ...

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Telegram Cancels ICO After Raising Nearly $2 Billion in Private Money

Telegram has scrapped ICO plans after record-breaking private fundraising, and plans a new form of digital payment system on their own network. ICO isn’t needed after raising $1.8 billion in private funds Telegram Group Inc. announced that it is ending plans for public fund raising since it has raised so much money from private investment. Originally the startup messaging service created by Russian ...

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Telegram Cancels Public ICO After Raising $1.7 Billion in Presale

Join our community of 10 000 traders on Hacked.com for just $39 per month. Encrypted messaging app Telegram has decided against holding a public initial coin offering (ICO) to fund the development of its “third-generation blockchain.” Citing sources familiar with the matter, the Wall Street Journal reports that the Pavel Durov-led firm determined that it is pleased with the $1.7 ...

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Telegram Completes Second ICO, Raising $1.7 Billion, a Third ICO May Be on the Horizon

Telegram Group Inc., the encrypted messaging platform, has completed its second initial coin offering (ICO) — the world’s largest — bringing the amount raised to $1.7 billion. The ICO was held to help establish the Telegram Open Network (TON), a “fast, scalable, and user-friendly” cryptocurrency and blockchain platform. In addition to the $850 million Telegram raised in February of this ...

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Serenity ICO reaches Soft Cap, raising $2 million – The Merkle

Serenity token sale raised US$2 million 2.5 weeks after the ICO started. It is the amount required to launch the project. According to the project’s White Paper, the first project stage includes the development of: — Settlement system: ensuring security of funds via smart contracts. — Arbitration system: integration of arbitration services (Verify My Trade). Denis Kulagin, Serenity CEO: “We ...

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Serenity ICO Reaches Soft Cap, Raising $2 Million

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Serenity ...

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