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Kim Dotcom's Planned Token Sale Is Off, Says Bitfinex

Bitfinex and a blockchain project launched by Kim Dotcom have "mutually agreed" to part ways, scuppering an IEO for the kimcoin token.

Diperbarui 13 Sep 2021, 11.40 a.m. Diterbitkan 6 Nov 2019, 2.25 p.m. Diterjemahkan oleh AI
Kim Dotcom via Twitter

Bitfinex and a blockchain project launched by Kim Dotcom have "mutually agreed" to part ways, scuppering a planned initial exchange offering (IEO) for the controversial internet entrepreneur.

Citing the current “regulatory environment” and the “risks associated with raising funds” for the project, Bitfinex said in a blog post Wednesday that it was in the interest of its "community" not to host the sale of Dotcom's kimcoin token.

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Dotcom was notably the founder of Megaupload, a file-sharing site shut down in 2012 for violating piracy laws by the U.S. Department of Justice. He's currently still in the process of appealing extradition to the United States from New Zealand where he resides.

The K.im project is a blockchain-based content-monetization network, touted on its website as "providing a comprehensive suite of advanced services and technologies to manage, protect and sell every digital content."

The IEO model of fundraising emerged in 2019 and sees exchange platforms offering listing support and launch campaigns for new startup tokens. To date, Bitfinex has conducted token sales for projects Dusk, Ampleforth and Ultra, among others.

Image via Kim Dotcom/Twitter

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Protocol Research: GoPlus Security

GP Basic Image

Yang perlu diketahui:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research

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K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.

Yang perlu diketahui:

  • K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
  • The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
  • With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.