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Detailed information about Petro, a Cryptocurrency launched by Venezuela

Nicolás Maduro, the President of Venezuela, announced the launch of a national cryptocurrency called Petro on December 3rd, 2017. A few days later, on December 8th, the president announced the creation of the Superintendency for Cryptocurrencies and related activities and Carlos Vargas was appointed as the director of this governmental institution whose goal is to […]

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Huobi offering a new token, but it’s not an ICO

A cryptocurrency exchange called Huobi started offering new tokens for sale on January 23rd. The new token is called Huobi Token (HT) and the number of tokens is limited to 500 million coins, out of which 300 million will be offered to investors, while the rest will be kept for user rewards and team prizes. […]

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Belarus legalizes cryptocurrency transactions and ICOs

Belarus has recently legalized the cryptocurrencies and the Initial Coin Offerings (ICOs). The cryptocurrencies could push forward the struggling economy of the country. Companies operating in Belarus can freely launch ICOs to raise funds, without fear of conflicting with the authorities. The new regulation enables the exchange of cryptocurrencies. The companies from the IT sector […]

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Initial Coin Offerings have raised more than 6 billion dollars

When it comes to estimating the amount of investments in the Initial Coin Offerings (ICOs) in the past four years, the team from elementus.io found a lot of discrepancies. Different information providers published estimates varying from 3.5 to 4.5 billion US dollars. According to Max Galca from elementus.io, the primary source of information are the […]