ICOs

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

1 hour ago admin2 0
ICO issuers are starting to look to jurisdictions outside the U.S. to set up shop. In an environment of regulatory uncertainty, where the U.S. Securities and Exchange Commission (SEC) has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto Read More

The SEC Just Launched a Fake ICO Website to Educate Investors

4 days ago admin2 0
The U.S. Securities and Exchange Commission wants to ensure investors can identify fraudulent initial coin offerings – even if it has to launch its own to do so. The regulator announced Wednesday it has launched a mock ICO called HoweyCoin, presumably named after the Howey Test, which “touts an all too good to be true Read More

A Chain of Its Own: Mobile App Kik to Fork Stellar for Fee-Free Blockchain

2 weeks ago admin2 0
The cryptocurrency that will soon help power the popular Kik messaging app is making a big technology shift — again. Kik’s crypto token, kin, currently exists as an ethereum-based ERC-20 token, yet CoinDesk recently reported that’d the company would be moving to a two-chain system whereby its tokens were supported on both the ethereum blockchain and Read More

The Mystics May Be Here, But Are Crypto’s Cards in Reverse?

2 weeks ago admin2 Comments Off on The Mystics May Be Here, But Are Crypto’s Cards in Reverse?
There’s a man and a woman dancing beneath a lush wreath held up by four wands, crystals protruding from their tops. “It’s a good card to pull.” The Four of Wands. In front of me – my life – there’s good times, happiness, good fortune. Reading from an online tarot card symbology site, my friend Read More

These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why

2 weeks ago admin2 Comments Off on These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why
Regulatory uncertainty appears to be arriving late to Washington state. In what seems like the latest sign concerns are impacting initial coin offerings (ICOs) broadly, Seattle-based Dragonchain is forcing one of its affiliate projects, Norwegian startup Iagon, to return funds it raised from investors back in April – and it’s currently unclear why. In fact, on April Read More

Fraudsters Take Aim at Investors in Controversial KodakCoin ICO

2 weeks ago admin2 Comments Off on Fraudsters Take Aim at Investors in Controversial KodakCoin ICO
A representative for the company behind the long-in-the-making KODAKCoin initial coin offering (ICO) has accused a Hong Kong-based cryptocurrency exchange of “fraudulent” behavior by claiming that it will host the token sale. According to a page on the Hong Kong-based exchange LBank.io, the platform’s ICO section said it is about to open the KODAKCoin token Read More

SEC “Striving For a Balanced Approach” to ICOs

3 weeks ago admin2 Comments Off on SEC “Striving For a Balanced Approach” to ICOs
In a hearing held Thursday by the Capital Markets, Securities, and Investments Subcommittee of the U.S. House Committee on Financial Services, William Hinman, the Director of the Securities and Exchange Commission’s Division of Corporation Finance, said, “ division has also been focusing attention on digital assets and on Initial Coin Offerings.  As this area continues Read More

The SAFT Is Alive But Who Knows How Well

3 weeks ago admin2 Comments Off on The SAFT Is Alive But Who Knows How Well
Risky and rational. That about sums up the state of U.S. token sales in the wake of new dialogue on whether the mechanism, by which startups are issuing custom cryptocurrencies to raise funds, is compliant with the law. Lost in the dialogue, however, has been that there are many more specific types of token sales. Read More

Why ICOs Could Eat Delaware’s Lunch

4 weeks ago admin2 Comments Off on Why ICOs Could Eat Delaware’s Lunch
Andrea Tinianow, Esq. is chief innovation officer at Global Kompass Strategies and was, until January, head of the Delaware Blockchain Initiative. David Adlerstein is a corporate attorney at Wachtell, Lipton, Rosen & Katz.   The views expressed in this article are solely those of the authors. Over many decades, the State of Delaware has established Read More

Energy Giant BP Says It’s Tested ‘Internal’ Tokens

1 month ago admin2 Comments Off on Energy Giant BP Says It’s Tested ‘Internal’ Tokens
Energy giant BP would consider partnering with blockchain startups that are doing initial coin offerings, and it’s even tested tokens internally, an executive said Wednesday. Speaking at the Blockchain Expo in London, Julian Gray, the technology director for BP’s digital innovation organization, voiced a common theme: non-financial enterprises are perhaps more open to open-blockchain innovation that Read More