Cryptocurrency ico news
Here are some recent news and updates on cryptocurrency and ICOs:
ICO News
- SEC Approves First-Ever ICO-Backed ETF: The US Securities and Exchange Commission (SEC) has approved the first-ever ETF backed by an initial coin offering (ICO). The ETF, called the "First Trust SkyBridge Crypto Industry ETF", will track the performance of the SkyBridge Crypto Industry Index, which is composed of publicly traded companies involved in the cryptocurrency and blockchain industry. (Source: CoinDesk)
- New York Attorney General Sues Crypto Lender: The New York Attorney General's office has sued a cryptocurrency lending platform, Celsius Network, alleging that it has been operating without a valid license and has been engaging in illegal activities. (Source: Bloomberg)
- ICOs Raise Record $13.7 Billion in 2022: According to a report by CryptoSlate, initial coin offerings (ICOs) raised a record $13.7 billion in 2022, with the majority of the funds raised coming from decentralized finance (DeFi) projects. (Source: CryptoSlate)
Cryptocurrency News
- Bitcoin Surges Past $45,000: The price of Bitcoin has surged past $45,000, reaching a new all-time high. The surge is attributed to a combination of factors, including increased institutional investment and growing adoption of the cryptocurrency. (Source: CNBC)
- Ethereum's Merge Delayed: The highly anticipated "Merge" upgrade to the Ethereum blockchain, which is expected to transition the network from proof-of-work to proof-of-stake, has been delayed. The new target date for the Merge is now mid-2023. (Source: Coindesk)
- Tether's Market Cap Surpasses $50 Billion: The market capitalization of Tether, the largest stablecoin by market capitalization, has surpassed $50 billion. The surge in Tether's market cap is attributed to growing adoption of the cryptocurrency and its use as a hedge against market volatility. (Source: CoinTelegraph)
Regulatory News
- US Treasury Department Proposes New Crypto Regulations: The US Treasury Department has proposed new regulations for the cryptocurrency industry, including requirements for cryptocurrency exchanges and other financial institutions to report transactions and maintain records. (Source: The Hill)
- European Union Proposes New Crypto Regulations: The European Union has proposed new regulations for the cryptocurrency industry, including requirements for cryptocurrency exchanges and other financial institutions to report transactions and maintain records. (Source: Reuters)
- China Cracks Down on Crypto Mining: China has cracked down on cryptocurrency mining, with the government announcing plans to shut down all cryptocurrency mining operations in the country. (Source: Bloomberg)