Posts in category

ICO


A week after Quantstamp community members began accusing the smart contracts auditing startup of undermining the value of its $65 million token, the company responded with a statement on Thursday. As previously reported by CoinDesk, for at least the past week, Quantstamp token holders have been alleging that the company misled them by accepting U.S. …

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The World Cup may be completely analog, but don’t tell that to crypto developers. Soft launching now, a new company called CryptoStrikers is entering the so-called “crypto collectibles” market with tokens commemorating the stars of this year’s World Cup. The thing is the tokens it’s offering aren’t the same you’ll see listed on a popular …

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The EOS blockchain is now live. At press time, the blockchain has received more than the 150 million votes needed to determine the individuals or entities that will maintain the distributed network, the world’s fifth largest by total value, thus ending a weeks-long process that had been among the most complex the evolving cryptocurrency market …

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Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source that he has had meetings …

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Thailand’s securities regulator is reportedly expecting to approve five initial coin offerings (ICOs) later this month. According to the Bangkok Post on Wednesday, the Thailand Securities and Exchange Commission (SEC) has said that, while 50 ICOs in the country are currently applying for regulatory approval, five of them are already in a position to move ahead. …

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Tezos, the blockchain project that sought to fix crypto’s broken governance models, is at the center of talk about how to handle decentralized politics – just not in the way its founders had hoped. On Sunday, the Tezos Foundation announced that it would be carrying out know-your-customer and anti-money laundering (KYC/AML) checks on investors who bought …

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Who do you trust with your private key? That’s the question that may be on the minds of EOS token holders, who while incentivized to help the much-anticipated technology finally go live, haven’t yet done so. As EOS is set up to enable self-governance by its users, it’s these individuals and companies who have to make the …

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A blockchain project is facing an uproar from community members who say the team has been undermining the value of the token it used to raise millions. The controversy around Quantstamp, maker of a protocol that seeks to decentralize smart contracts auditing, reached a fever pitch late last week, with acrimony spilling into the project’s …

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Visit any EOS Telegram channel and some version of this question will pop up again and again: Is the mainnet live yet? While the EOS blockchain technically launched on June 10 at 13:00 UTC, the answer to that question is effectively no. That’s because the crypto tokens created by Block.one’s $4 billion EOS initial coin …

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A little-known company in Estonia is looking to raise as much as $180 million in a SAFT sale, public records show. A Notice of Exempt Offering of Securities published on June 4 through the U.S. Securities and Exchange Commission’s EDGAR document system shows that a firm called NewTech Myning OU is looking to raise the funds by …

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Lithuania’s Ministry of Finance has issued guidelines on initial coin offerings (ICOs), outlining when cryptographic tokens would be viewed as securities and how each aspect of a token sale should be regulated by different laws in the country. According to the document published Friday, a defining feature in the recommended framework is whether a token “grants profits …

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In several countries throughout Africa, citizens are spending an average of 27 cents to top up their mobile airtime, and they’re using a crypto token to do it. That might sound strange to many in the crypto industry, since the vision of today’s blockchains allowing the movement of millions of microtransactions across the globe has …

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The launch of the EOS blockchain has been a giant experiment in remote self-organization. Tonight, it took a big leap forward. As anticipated, candidates for the role of block producers (EOS’s equivalent of bitcoin miners) located all over the world voted “Go” to take the mainnet live. EOS is a distributed proof-of-stake blockchain created by …

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Almost one week after initiating, one of the largest, strangest experiments in global crypto governance hesitated as it neared its culmination. While EOS, a new blockchain created by Block.One, which raised approximately $4 billion to build it, had effectively turned the code over to its users as of last Saturday, into Friday, the fruits of …

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The Moscow Stock Exchange (MOEX) is planning to share information about initial coin offerings (ICOs), CEO Alexander Afanasiev told Reuters Friday. The exchange is currently developing a platform for publishing token sale data, and is planning to launch it later this year, Afanasiev said. The exchange will not list tokens directly, but will provide descriptions …

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Invented to democratize access to funding, it could be argued the crypto token hasn’t quite lived up to its goal. Already gone are the days when any investor could get access to the next big offering (most early issuances, it seems, are now catering to the same stable of Silicon Valley VCs). But one new project …

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The registration period for what one startup claims to be the largest airdrop ever will come to a close on Friday. “Decentralized cloud” company Dfinity announced its token distribution plans last week, and revealed in a statement that it will give away 35 million Swiss francs (about $35 million) worth of its DFN tokens to …

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Even Pokemon Go might need a blockchain. While an augmented reality mobile app used to collect funny-looking, digital critters might sound like a silly (or useless) service to re-architect with blockchain, the developers at ethereum startup FOAM make a compelling case. “The problem is that people lie about their location,” said Ryan John King, the co-founder …

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The ongoing blockchain launch for the hotly anticipated token project EOS is becoming a bit more complicated. No, this isn’t the product of a hard fork, whereby users weren’t able to work out their differences. In the case of EOS, it’s blockchain, set to launch over the weekend, still hasn’t even been created. Now, amidst …

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Scott Nelson is the chairman and CEO of Sweetbridge Inc., a blockchain tech startup. Race to the bottom or race to reality? The rise of initial coin offering (ICOs) – as controversial as they may be – is a signpost that the age of Industrial Era capital formation is giving way to a new paradigm …

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