Ethereum-based startup Confido, a little-known project that recently raised $374,000 in an ICO from investors in exchange for CFD tokens, has seemingly vanished from the internet, as all its social media profiles and website have been taken down. Investors are now looking into the situation, which points to a potential exit...
A Mt Gox initial coin offering (ICO)? It's not unthinkable, according to the defunct bitcoin exchange's controversial CEO. In a blog post published yesterday, Mark Karpeles detailed possible avenues for reviving Mt Gox, the once-dominant Japanese bitcoin exchange that collapsed amid allegations of fraud and mismanagement in early 2014. Hundreds of millions...
Dutch financial regulator, the Netherlands Authority for Financial Markets (AFM) has warned investors about the risks in the market for new digital currencies, including those issued through initial coin offerings (ICO). The regulator claimed that investors should be wary of the promises of high returns from ICOs, as well as the...
European Securities and Markets Authority (ESMA) issued two same-day warnings concerning initial coin offerings (ICO) on 13 November after the preceding weekend was witness to dramatic swings in prices and volatility. One release is geared toward investors and the other is aimed at participating firms. ESMA Warns ICO Investors In what might...
Blockchain development startup HCash has closed its initial coin offering (ICO), raising nearly AUD$53 million in the process – the largest ICO to date in Australia. In an announcement today, Melbourne-based HCash revealed details of its ICO fundraising wherein the startup raised 21,000 Bitcoins in a round between June 28...
Blockchain firm Bloq has announced the creation of Metronome, a cross-blockchain cryptocurrency that will be issued through an initial coin offering (ICO). As reported by Bloomberg, Bloq intends to unveil Metronome today at the Las Vegas Money 20/20 conference. The project is being developed by Bloq chief executive Jeff Garzik, a former...
Look I am enthusiastic as anyone when it comes to Blockchain, crypto currencies and yes ICOs. I have done my own ICO, worked on several others and have created a new token launch platform. But here is the thing There are many ICOs that could be open to retrospective investigations by regulators and the authorities because...
An all-star cast of investors has backed a little-known startup behind a token called basecoin. Scheduled to debut with a white paper release on Tuesday, the project, the first from Intangible Labs, boasts investors including 1confirmation, Andreessen Horowitz, Bain Capital Ventures, Digital Currency Group, MetaStable Capital, Pantera Capital and PolyChain...
Tokenization is currently a very popular concept in the Blockchain industry as a result of the numerous products that are being created on the Blockchain. Blockchain technology is experiencing massive growth and the level of awareness keeps increasing everyday. Almost every innovator is finding ways of implementing Blockchain into their...
ICO Insider Rating: 9/10 Project Description Wanchain aims to build a distributed “bank”. Just like traditional banks are the framework of the current financial industry, Wanchain wants to build a new and modern framework for the digital asset economy. Wanchain connects and exchanges value between different blockchain ledgers. They built a non-proprietary...