Tagged: ico

September 27, 2017 @ 9:32 pm By JD Alois  |  

The Australian Securities and Investment Commission (ASIC) has just published their spin on the burgeoning Initial Coin Offering (ICO) market. John Price, ASIC Commissioner, stated; “We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any… Read More

September 27, 2017 @ 1:01 pm By JD Alois  |  

The Gibraltar Financial Services Commission (GFSC) has taken notice of the rising use of cryptocurrencies and tokenized offerings and instead of blocking them, the Commission will publish a new regulatory framework commencing in January 2018. The new rules will regulate the activities of firms, operating… Read More

September 27, 2017 @ 7:23 am By JD Alois  |  

tZERO, a subsidiary of Overstock.com, (NASDAQ:OSTK),  has announced a new joint venture (JV) to launch an Automated Trading System (ATS) for the trading of Tokens issued via Initial Coin Offerings. The JV is in partnership with RenGen LLC and Argon Group and the trading platform… Read More

September 26, 2017 @ 10:30 pm By JD Alois  |  

Paragon, the Cannabis oriented company and its affiliated Paragon Coin is killing it. The pre-sale of the Initial Coin Offering (ICO) launched several weeks back and sold out at 70,000,000 PRG.  The remaining 30 million in PRG is open to the public now until mid-October…. Read More

September 25, 2017 @ 9:09 pm By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF) has just published their first benchmarking report on the emerging global Blockchain market. Earlier this year, CCAF published a benchmarking report on the global cryptocurrency markets.  CCAF has established themselves as the leading research in the alternative finance… Read More

September 25, 2017 @ 10:49 am By Samantha Hurst  |  

Lending app MicroMoney recently announced plans to raise $30 million through its upcoming Initial Coin Offering (ICO), which will launch next month. Founded in 2015, Micro Money describes itself as a company that is focused on micro-financing in the online money lending industry and states that… Read More

September 17, 2017 @ 10:55 am By JD Alois  |  

The ICO for ICO’s – ICOBox Token Sale has attracted 3933 BTC in its token (ICOs) crowd sale. At current exchange rates, ICOBox has raised over USD $14.5 million. The offer was launched on August 15 and closed 32 days later. The ICO was impacted… Read More

September 16, 2017 @ 10:24 am By JD Alois  |  

TraneAi, a company targeting the artificial-intelligence market, announced earlier this month its intent to list a $50 million Initial Coin Offering for tokens to seed the a decentralized, open-source AI-development ecosystem built on blockchain technology. That is no longer the case as the ICO, based… Read More

September 16, 2017 @ 8:57 am By JD Alois  |  

KyberNetwork has nailed their Initial Coin Offering (ICO) having successfully raised ETH 200,000 or $51 million (at the current exchange rate). The Singapore based company reported a smooth ICO in a market that has experienced more than a bit of volatility in recent weeks as Chinese… Read More

September 15, 2017 @ 11:35 am By JD Alois  |  

Following the successful Initial Coin Offering (ICO) of Credo Tokens, BItbounce is announcing that Tim Draper, a prominent VC active in the crypto space, has joined their Board of Advisors. Draper was an early backer of Bitbounce, investing in the Credo ICO this past summer…. Read More

September 13, 2017 @ 2:12 pm By JD Alois  |  

There is a lot going on in the cryptocurrency driven Initial Coin Offering market today. In recent weeks, national regulators have acknowledged the existence of tokenized funding rounds along with the fact that many are really securities and thus regulated. The US Securities and Exchange… Read More

September 13, 2017 @ 8:42 am By JD Alois  |  

Wish Finance, based in Singapore, has announced the launch of its blockchain-based lending platform for small and medium businesses. The company has reportedly issued 100+ loans in 2017 during a soft launch with every loan successfully repaid and 0% default rate. Wish Finance plans to… Read More

September 9, 2017 @ 2:19 pm By JD Alois  |  

The Credo Initial Coin Offering (ICO), by Bitbounce, closed last week after raising a total of approximately $12 million dollars worth of Ether. Organizers had indicated their target amount for the ICO was $10 million. The offer was launched just as the US Securities and… Read More

September 8, 2017 @ 12:49 pm By JD Alois  |  

Securities Commission Malaysia (SC), a regulatory body that has been quite forward thinking when it comes to Fintech innovation, has published a statement on Initial Coin Offerings or ICOs. SC cautions investors on participating in ICOs or token sales noting that some may be securities,… Read More

September 8, 2017 @ 11:18 am By JD Alois  |  

Yesterday, the inaugural Initial Coin Offering (ICO) hosted on CoinList, Filecoin, closed at over $200 million raised. Crowdfund Insider reported at the end of August that two Form D’s were filed with the SEC indicating Filecoin probably closed at around $210 million. While the ICO… Read More

September 7, 2017 @ 12:33 pm By Erin Hobey  |  

TraneAi, an emerging player in the rapidly expanding artificial-intelligence market, announced that it will offer the sale of $50 million in tokens to seed its decentralized, open-source AI-development ecosystem built on blockchain technology. “We believe that by building our solution for crowdsourced AI training data… Read More

September 6, 2017 @ 4:00 pm By JD Alois  |  

The Initial Coin Offering (ICO) market is going through a turbulent period of change and regulation. Following an incredible rise of the new form of raising capital online, regulators around the world are pumping their rule making breaks to slow down cryptocurrency based securities offerings…. Read More

September 6, 2017 @ 12:25 am By JD Alois  |  

Hong Kong has released a statement on the use of initial coin offerings (ICOs) warning issuers and platforms alike that certain ICOs may be deemed securities and thus fall under existing securities laws. The Securities and Futures Commission (SFC) said it has noticed an increase in… Read More

September 5, 2017 @ 6:41 am By JD Alois  |  

As was announced yesterday, China government officials have pushed pause on the initial coin offering (ICO) market with a strong statement effectively banning any tokenized offerings in the near term. The actual document, released by the People’s Bank of China, may be found here in… Read More

September 4, 2017 @ 1:02 pm By JD Alois  |  

A joint task force took place this weekend in South Korea addressing the burgeoning cryptocurrency market. According to a report in BusinessKorea, The Financial Supervisory Commission (FSC), the Korea Fair Trade Commission (KFTC) and the National Tax Service (NTS) came together to review digital currencies,… Read More