Initial Coin Offerings

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

ICO Project Polymath Is Trying to Buy a Stake In a Real Stock Exchange

3 days ago admin2 0
If one announcement summarizes the ambitions of crypto project Polymath, it might be Wednesday’s acquisition of the domain Tokens.com. One of its several this week, it cuts to the heart of the project’s aims to dominate the issuance of tokenized securities. But the plans go beyond just the acquisition of potentially popular domain names. In the 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

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

Mutual Fund Giant Bars Employees from Investing in ICOs

4 weeks ago admin2 Comments Off on Mutual Fund Giant Bars Employees from Investing in ICOs
Capital Group, an 87-year-old financial services company with $1.7 trillion in assets under management, has barred its associates from investing in initial coin offerings (ICOs). The firm outlined the policy in an updated code of ethics that was filed with the Securities and Exchange Commission (SEC) on April 19. Capital Group’s website includes a previous version Read More

Rappers, Ravens and Lord of the Rings: The Race for ‘Dope’ Coin Names Is On

4 weeks ago admin2 Comments Off on Rappers, Ravens and Lord of the Rings: The Race for ‘Dope’ Coin Names Is On
In the Lord of the Rings trilogy, “mithril” is a rare, indestructible metal whose beauty never tarnishes; in the real world, however, it’s the name of three different blockchain projects, all of which are trying to score pop culture points with investors. It’s of little surprise that the name has proven so hot in the Read More