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Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding

The amount of money that initial coin offerings attracted in this year’s third quarter fell significantly compared to the second quarter. According to a report by crypto market analysis firm ICORating, the amount that was raised via ICOs from July to September reduced by 48 percent compared to what was raised from April to June […]

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SEC Takes Down Two Crypto Startups for Illegal ICOs

Dutiful CCN.com readers may recall this journalist’s questioning of the Paragon ICO over a year ago. Paragon responded to that article with legal threats, as noted in the author’s subsequent analysis of the initial coin offering in question. Now that some time has gone by, and the whole market capitalization of Paragon is about a […]

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Crypto Startups More Valuable Than Blockchains — Can the Trend Change?

In the crypto bull market of late 2017, when tokens reached a valuation of tens of billions of dollars, blockchain networks comfortably surpassed the valuation of commercial companies in the cryptocurrency ecosystem. At the time, for venture capital investors, direct investments in digital assets and cryptocurrencies seemed substantially more profitable than early-stage funding rounds in […]

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Binance the Latest Exchange to List Goldman Sachs-Backed USDC Stablecoin

Leading cryptocurrency firm Binance has become the latest exchange to list the USDC stablecoin. In a statement, the cryptocurrency exchange indicated that trading of the USDC and bitcoin (USDC/BTC) pair, as well as the Binance token and the USDC (USDC/BNB) pair, will commence on November 17. Depositing the stablecoin which is pegged on a one-to-one […]

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‘Crypto Hangover’ Affects Nvidia’s Revenue Growth for Q3 2018

Nvidia Corp., one of the biggest manufacturers of chips for computer graphics cards, gave their sales forecast on Thursday, November 15, 2018, revealing the loss of demand that happened as a result of the decrease in cryptocurrency mining.  According to the financial results for the third quarter of the 2018 fiscal year. The California-based company’s stock […]