Telegram ICO Raises $850 Million

In a recent SEC filing, messaging app provider Telegram has raised $850 million through its ICO. The company expects no additional incoming funds. This dollar amount breaks the previous ICO record of $257 million raised by Filecoin, a blockchain-based data storage company, in September 2017. Started in 2013, Telegram reaches 170 million monthly users and [...]

Beware of The ICO Pump and Dump

It's no secret that 'pump and dump" schemes have been around in years. Historically, this used to happen a lot with penny stocks before the SEC shut down such activities to protect the public. Nowadays, these schemes are becoming prevalent in the initial coin offering industry, some by unscrupulous companies offering ICO services. Some promotion [...]

By |December 20th, 2017|Blog|Comments Off on Beware of The ICO Pump and Dump