Blockchain & Digital Currency

Global ICO Platform SupraFin Adds High Profile Advisors, Token Offering Starts this Month

The SupraFin, the “first global vetted token platform on blockchain” has lined up several impressive advisors. Keith Teare and Jonathon Read have both signed up to help guide the platform in its mission to bring transparency to the initial coin offering (ICO) industry by creating a global vetted… Read More

Tone Vays Describes ‘Inevitable ICO Bubble’ at Blockchain Economic Event, Toronto

Well-known “Bitcoin Maximalist” and despiser of ICO’s (Initial Coin Offerings) Tone Vays has lately been so deluged with idiotic requests to advise on ICO’s that he has updated his LinkedIn profile to the following: “I am NOT interested in your ICO/Token Sale. Please send all requests… Read More

SEC Adds Charges Associated withe Centra Initial Coin Offering Fraud, Says Raymond Trapani was “Mastermind” Behind the Scam

The Securities and Exchange Commission (SEC) has released additional fraud charges affiliated with the Centra Tech $32 million initial coin offering (ICO) that raised money in 2017. Ealier this month, the SEC filed a complaint against Centra Tech, Sohrab “Sam” Sharma and Robert Farkas regarding… Read More

Bitbounce Launches New Cryptocurrency Exchange: CredoEx

Tim Draper backed Bitbounce is launching a new cryptocurrency exchange. Bitbounce may be best known for the issuance of Credo tokens via an initial coin offering in 2017 that raised $11+ million. Bitbounce’s first focus was a cryptocurrency spam solution using the Credo token to… Read More

Blockchain Asset Private Bank BitUN Announces Partnership With Ping An Blockchain Research Institute

Blockchain asset private bank BitUN announced on Friday it has formed a partnership with Ping An Blockchain Research Institute to promote the development of the blockchain market. The duo reported that they have joined forces to conduct research in blockchain market analysis, project rating, blockchain innovative… Read More

Midex Closes $20 Million Initial Coin Offering. Cryptocurrency Exchange to Launch in May

Estonia licensed Midex reports having closed on more than $ 20 million during their initial coin offering (ICO). Midex’s goal is to become a fully compliant, cryptocurrency exchange operating in multiple jurisdictions with the appropriate regulatory approvals. Midex expects to officially launch their crypto exchange… Read More

StartEngine Teams Up With PrimeTrust to Create First Reg CF Crypto Escrow

StartEngine, a full stack crowdfunding platform listing Reg CF, Reg D, and Reg A+ offerings, announced on Friday it has partnered with technology-driven trust company PrimeTrust to create what they believe is the first ever regulation crowdfunding crypto escrow. According to the duo, the crypto escrow will allow… Read More

Bithumb, South Korea’s Largest Cryptocurrency Exchange, is Killing it

Bithumb recently had its audit report published in the Korean Financial Supervisory Services disclosure system and the information provided is enlightening. Bithumb was said to be holding just shy of $6 billion in crypto at the end of 2017. Sure, prices have fluctuated since that… Read More

Blocksquare Launches ICO for Blockchain Based Real Estate Platform

Blocksquare, a blockchain-based online real estate platform, has opened its Series A initial coin offering (ICO). This first crowdsale has been capped at $300,000 and a price of $0.25 USD due to market volatility, according to the company. Along with the launch of the crowdsale, the… Read More

Amazon Patent May Allow Law Enforcement to Monitor Cryptocurrency Transactions

It has been widely reported that Amazon has been granted a patent for technology to create a streaming data marketplace. The patent was filed back in 2014 but was just approved by the US Patent office this week. You may read the Patent in its… Read More

SaveDroid Says No Scam Here, Just Another (Stupid) PR Stunt

Yes, we are still here, not gone actually … stated SaveDroid CEO and founder Yassin Hankir. SaveDroid in a bizarre PR stunt vaporized its website alleging the company had fled along with the gains of its recently completed initial coin offering. The internet erupted into collective anger… Read More

Kraken Cryptocurrency Exchange Refuses to Cooperate in New York Attorney General’s Inquiry

The CEO of San Francisco-based cryptocurrency exchange Kraken, Jesse Powell, has fired back at a letter from the New York Attorney General’s office asking cryptocurrency exchanges to provide detailed information on their business practices within two weeks. The 34-point request for info was sent to… Read More

Taiwan Semiconducter Says Cryptocurrency Mining Counters Weak Mobile Sector Business

  Taiwan Semiconductor Manufacturing Company (TSMC) is one of the largest chip manufacturers in the world. This week, TSMC reported quarterly results providing insight into the health of its operations. The company produces silicon for companies like Apple and other computer and mobile manufcgturers. For… Read More

SaveDroid Raises $50 Million in ICO, Company Disappears with Mocking Website as CEO Taunts Backers

SaveDroid appears to be the latest in a long line of initial coin offering scams. Adding insult to injury, the website home page posted a mocking image stating “aannnd its gone” while the CEO tweeted photo stating Thanks guys! Over and out … #savedroidICO –… Read More

“Stable Cryptocurrency” Basis Raises Whopping $133 Million in Private Placement

The crypto firm Basis, formerly known as Basecoin, has raised $133 million in a private placement from big money, according to the company. The private placement received the backing of Bain Capital Ventures, GV, Stanley Druckenmiller, Kevin Warsh, Lightspeed, Foundation Capital, a16z, Wing VC, NFX Ventures,… Read More

tZero Says it is Meeting with SEC & 40 Regulators to Discuss Initial Coin Offering Regulations

Joe Cammarata, President of tZero, was visiting with Security Token Academy last week when he made an interesting comment. Cammarata said he was scheduled to meet with the Securities and Exchange Commission in Washington, DC this week to discuss regulation of tokenized securities. The transcript is… Read More

Telegram Vows to Shore Up VPNs as Russia-wide Ban Affects Even Non-Telegram Users

TorrentFreak.com are reporting today that Telegram co-founder and exiled Russian businessperson Pavel Durov has vowed to donate millions of dollars in Bitcoin to providers of virtual private network (VPN) services. Consistently routing messages through VPNs, which obscure message origins, may allow Russian citizens to continue… Read More

ATM Coin Issuer Hit with CFTC Enforcement Action Alleging Fraud

The Commodity Futures Trading Commission (CFTC) has fired off another enforcement action against a questionable cryptocurrency operation. The CFTC has charged multiple individuals, and several companies, with fraud involving ATM Coin (asset trading market coin) and binary options. The CFTC filed the Complaint in the… Read More

UK based Lendingblock Nails $10 Million Initial Coin Offering to Fuel Crypto Lending Platform

Lendingblock, an interesting spin on cryptocurrency lending, has easily hit its initial coin offering target (ICO) hard cap of $10 million early. The LND coin will be used as the currency for payment and receipt of interest on the platform. As CI covered last month,… Read More

IMF’s Christine Lagarde Advocates ‘Even-Handed Approach to Crypto’

After blogging last month about the risks of cryptographic currencies and assets, including their use in “darknet” marketplaces like AlphaBay, IMF Managing Director Christine Lagarde blogged this month about “the promise” of cryptocurrencies and urged an even-handed international approach to their regulation. Judicious consideration, wrote Lagarde,… Read More