カテゴリー: Crowdfunding

Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud

Celebrity ICO Endorsers Face Legal Blowback Over Alleged FraudBoxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back in April. Also Read: The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow […]

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Civil Fails to Raise $8M Minimum in ICO

Initial Coin Offering (ICO) for Civil Fails to Raise $8M MinimumCivil, a blockchain startup that has partnered with Forbes and The Associated Press, failed to reach the $8 million minimum target it set for its initial coin offering this week, suggesting an end to the days when promoters simply had to hint at collaborations with established companies to woo investors. Also Read: Nouriel Roubini Attacks […]

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Civil Fails to Raise $8M Minimum in ICO

Initial Coin Offering (ICO) for Civil Fails to Raise $8M MinimumCivil, a blockchain startup that has partnered with Forbes and The Associated Press, failed to reach the $8 million minimum target it set for its initial coin offering this week, suggesting an end to the days when promoters simply had to hint at collaborations with established companies to woo investors. Also Read: Nouriel Roubini Attacks […]

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US Court Issues Emergency Order Halting a Planned Initial Coin Offering

US Court Issues Emergency Order Halting a Planned Initial Coin OfferingAn American court has put a stop to an initial coin offering (ICO) by a company claiming to offer “the first licensed and regulated tokenized crypto currency exchange & index fund based in the US.” The ICO promoters even invented their own regulatory authority, which seems to have really irked the regulators. Also Read: The […]

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‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland

Crypto Fund Gets Go-Ahead to Manage Cryptocurrency Investment Funds in SwitzerlandEmerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investment advice to corporate […]

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First Major Bitcoin Cash ICO Raises $30M in Record Time

First Major Bitcoin Cash ICO Raises $30M in Record TimeOn Oct. 8, 2018, the blockchain firm and mining pool Viabtc finished the first high-value initial coin offering (ICO) using the Wormhole protocol and Bitcoin Cash chain. According to exchange data, the Viabtc Token ICO raised US$3,700 per second capturing a total of $30 million in 2.2 hours. Also Read: Electron Cash Developer Reveals In-Wallet BCH […]

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Electron Cash Developer Reveals In-Wallet BCH Fundraiser Prototype

Electron Cash Developer Reveals In-Wallet BCH Fundraiser PrototypeOn Monday, Oct. 8, Jonald Fyookball, the lead developer of the bitcoin cash-centric light wallet Electron Cash, revealed he has developed a crowdfunding module for the Electron Cash wallet. The feature allows anyone to raise funds from within the Electron Cash wallet through a process that uses the Bitcoin protocol’s Sighash flag. Also Read: Rapper Soulja […]

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New Research Claims Most ICOs Have Profited Off Selling ETH

New Research Claims Most ICOs Have Profited Off Selling EthereumBitmex Research is back with another detailed report, this time into the ethereum holdings of ICOs. Ethereum’s downward trajectory has been attributed in some quarters to ICOs offloading ETH to pay the bills. If so, data suggests that those projects have profited handsomely off their ETH holdings in USD terms, despite its falling price. Also […]

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Disgruntled ICO Investors Threaten to Bring in the Crypto Lawyers

The great ICO rush of 2017 and early 2018 is over. The euphoria, the unironic cries of “When Binance?”, and the 10x returns are now a thing of the past. Epic gains and moon missions have been replaced by acrimony, recriminations and, increasingly lawsuits, both real and threatened. Also read: BTC: 36% in Circulation Lost, 23% […]

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Turkey Finance Minister Embraces ICO Hype for Already Troubled Economy

Turkey Finance Minister Embraces ICO Hype for Already Troubled EconomyIf regional Turkish media is to be believed, no less than the country’s Minister of Finance (Finmin), Berat Albayrak, has proposed looking into the wildcat world of initial coin offerings (ICOs) as a way to boost the economy. English-speaking press reports so far haven’t mentioned Turkey’s supposed turn toward state-backed crypto products, but they have […]

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