Troubled blockchain startup Tezos, which raised $233 million in an initial coin offering in July, may be partially back on track after Tezos Foundation President Johann Gevers “voluntarily stepped down” from his position. The drama at...Show More Summary
Telegram is going to hold a second pre-sale for its blockbuster initial coin offering, according to a report by The Verge. The messaging app company could raise as much as $1.6 billion before even opening up to the public. But some cryptocurrency...Show More Summary
Danny Masters ran JPMorgan's commodities trading desk in New York in the 1990s. He left to set up his own commodities fund in 2000 but pivoted it to crypto in 2014. Masters told BI that "initial coin offerings" provider" a richness that...Show More Summary
Venezuela is set to become the first country to launch its own cryptocurrency with the failing socialist state launching a pre-sale as part of an initial coin offering. First announced by President Nicolas Maduro in December, the “Petro” will allegedly be backed by Venezuela’s oil reserves and is squarely aimed at bypassing U.S. Show More Summary
Far-right actor Steven Seagal is promoting a sketchy cryptocurrency called Bitcoiin 2Gen (with two “i”s). Gizmodo noticed Seagal tweet out a promotion for the company as it undergoes Initial Coin Offering (ICO) crowdsales. From Team Seagal Steven has just become the worldwide ambassador...
Steven Seagal has become the official ambassador for Bitcoiin2Gen, a new cryptocurrency launching its Initial Coin Offering.
The initial coin offering market is off to a red-hot start in 2018, according to new data from Autonomous NEXT. RBC analyst Mitch Steves outlines a way to value the network of ICOs in a note to clients. Bitcoin may be down nearly 50%...Show More Summary
EXCLUSIVE: Sentiments about cryptocurrencies are as fickle as the price of a token. But everyone can agree on one thing: Cryptocurrency is a hot topic. A year ago, however, before initial coin offerings (ICOs) became a thing, it wasn’t an easy task to draw crowds around crypto startups. This is something Adam Draper (the son of […]
Sliver.tv has raised $20 million in a public initial coin offering (ICO) for a cryptocurrency that is aimed at improving the bandwidth available for esports streams. Sliver.tv wants to use the untapped bandwidth of computer users when their machines are idle. It will then use that bandwidth to provide streams to local viewers. Those viewers […]
Another company promising investors riches in an initial coin offering has shut down in an apparent exit scam after having successfully raised $4.5 million through a combination of bitcoin and Ethereum from victims. The “company,” called...Show More Summary
After the U.S. Security and Exchange Commission cracked down on Munchee Inc. in December 2017 when it embarked on an initial coin offering, there was a wake-up call for companies to watch how they market digital tokens. Munchee was...Show More Summary
Authored by Simon Black via SovereignMan.com, Within the last week, Facebook announced a ban on all advertisements about bitcoin, initial coin offerings and other cryptocurrencies. Facebook (along with Google) virtually controls Internet advertising. Show More Summary
Since federal tax reform was approved in December 2017, it’s been an uphill battle for businesses to understand its effect on implementing popular but still unregulated initial coin offerings, according to Kelsey Lemaster, tax partner at Goodwin Procter LLP. Show More Summary
Bitcoin’s roughly 70% selloff from the December peak to recent lows has weighed heavily on “altcoins” and especially the newer tokens created via initial coin offerings.
Elected officials in Berkeley, California, are exploring the launch of an initial coin offering to raise funding for affordable housing. Berkeley City Council Member Ben Bartlett said the idea came from a desire to create some financial...Show More Summary
Fledgling cryptocurrency startup Sentinel Chain, which promised to “unlock the economic potential” of the poor, launched its initial coin offering (ICO) earlier this week, but it missed one thing: a critical vulnerability that made it possible to scrape its users’ personal data, including their emails and passport images. Show More Summary
Amid ongoing disputes about free speech and hate speech, alternative social network Gab says it has raised $4.8 million and is planning a $10 million initial coin offering. Gab, which has become popular among conservatives and alt-right figures who have been banned from other platforms, held a second fundraising on Startengine that attracted more than […]
SEC chairman Jay Clayton made clear today that his agency, along with the Commodity Futures Trading Commission, remains acutely concerned about initial coin offerings and crytocurrency trades. In fact, toward that end, they’re now looking...Show More Summary
ICO, or Initial Coin Offering, is a method of fundraising that doesn't sell equity of the company, but selling things called "tokens" or new forms of cryptocurrency. The method has been around for years, but the actual boom didn't start until mid 2017.The 4 Years of ICO Activity infographic from The Next Web shows a summary of the investments made. Show More Summary
The blockchain and AI focused energy solutions firm Energi Mine managed to raise $4 million in new funding -- the remaining portion of its $15 million Initial Coin Offering (ICO) target -- in just 81 minutes following the opening of...