ICO

tezos

Tezos Foundation Changes Leadership, Tokens Set to Launch in Coming Weeks

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

Swiss Financial Regulators Publish “Pretty Reasonable” ICO Guidelines

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

sec

SEC Halts Trading of Three Companies with Assets Tied to Cryptocurrencies

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

Berkeley to Launch ICO for the Homeless

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

loopx

Start-up LoopX Disappears, Taking With It $4.5 Million Following ICO

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

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