The Tezos ICO raised $232 million last July for the blockchain startup. Seven months later, after progress was delayed due to infighting between the founders, the project’s tokens are finally set to launch “in the next few weeks.” The Tezos foundation raised funds to develop a new cryptocurrency last July through an initial coin offering (ICO) … Continue reading Tezos Foundation Changes Leadership, Tokens Set to Launch in Coming Weeks
Telegram has informed investors of a second private pre-sale of its cryptocurrency ICO despite raising $850 million in round one just a month ago. Telegram May Raise as Much as $1.6 Billion This week investors received an email from telegram CEO Pavel Durov informing them of a second pre-sale to the much-anticipated TON ICO. Though … Continue reading Telegram to Crush ICO Record in Second Round of Private Funding
The cryptocurrency space possesses two qualities that make it the ideal environment for scams. Firstly, there is no shortage of legitimate anecdotes about people who have enjoyed immense wealth courtesy of early digital currency investments. The proliferation of such tales provides the perfect backdrop for a “get rich quick” scheme. Secondly, since the technology is … Continue reading Common Crypto Scams and How To Avoid Them
With more than 1500 cryptocurrencies on CoinMarketCap, you have a really wide range of coins to diversify your investments. Some of the coins are on the market for a long time and still have a major potential for growth. For instance, Ethereum has gained about 300 000% in value since the ICO in 2014, and … Continue reading Five New Cryptocurrencies to Diversify Your Portfolio in 2018
Action star and martial arts master Steven Seagal’s latest role has him playing the part of cryptocurrency spokesman but, can his combination of Hollywood magic and Akito moves save this lost cause? Can This Ageing Action Star Kickstart Bitcoiins Success Steven Seagal has weathered over three decades in one of the toughest business there is … Continue reading Can Steven Seagal’s Celebrity Power Help Fund B-Rated ICO?
The business model most people attribute to initial coin offering doesn’t always hold up. The recent Telegram “ICO” shows how some of these offerings are no longer accessible to the public. Changing the ICO Business Model If Telegram’s recent funding is an example, the concept of an ICO is no longer public. While the company … Continue reading Telegram Raised $850 Million, But Was it an ICO?
FINMA, the Swiss Financial Market Supervisory Authority, yesterday published guidelines explaining to organisers and investors how existing financial legislation would be applied to initial coin offerings. The document also details the criteria by which the regulator will judge each fundraising effort. The aim is to dispel uncertainty in the space and should allow investors and … Continue reading Swiss Financial Regulators Publish “Pretty Reasonable” ICO Guidelines
The U.S. Securities and Exchange Commission (SEC) has halted trading in three companies claiming acquisitions of assets tied to cryptocurrency and blockchain technologies. The agency said it had questions about their business operations and the value of the companies assets. Cherubim Interests Inc., PDX Partners Inc., and Victura Construction Group Inc. issued similar press releases stating they acquired the assets from a … Continue reading SEC Halts Trading of Three Companies with Assets Tied to Cryptocurrencies
In Berkeley, California, a rising homeless population has created a very silicon valley response; creating a cryptocurrency fundraiser using Blockchain technology. Berkeley will use Blockchain technology to create affordable housing The City of Berkeley is preparing to launch an ICO – an initial digital coin offering – which has become a popular tool for tech startups … Continue reading Berkeley to Launch ICO for the Homeless
After raising $4.5 million in a series of initial coin offerings (ICOs), cryptocurrency start-up LoopX has disappeared — along with the cash that investors provided — in what appears to be the most recent exit scam to plague the cryptocurrency community. Once a company with an active online presence, LoopX has entirely disappeared from the … Continue reading Start-up LoopX Disappears, Taking With It $4.5 Million Following ICO