Tagged: initial coin offering

April 25, 2018 @ 2:17 am By JD Alois  |  

The Abyss platform, a crypto-reward system for gamers and developers, has filed a Form D 506c with the Securities and Exchange Commission. According to the filing, Abyss expects to raise up to $63 million in a “purchase agreement for cryptocurrency.” The document, signed by Abyss… Read More

April 24, 2018 @ 2:00 pm By JD Alois  |  

The world of initial coin offering (ICO) investing is chock full of peril and risk, as well as opportunity. Purchasing a tokenized asset has become a trip to Vegas-like event as investors attempt to discern which ICO will rise and which offering will quickly plummet…. Read More

April 24, 2018 @ 10:30 am By JD Alois  |  

Elio Motors (OTCQX:ELIO) has received a much needed investment from Overstock.com. According to a public release, Overstock has agreed to purchase $2.5 million in Elio equity at a price of $2.75 per share. Simultaneously, Elio Motors announced its intent to do an initial coin offering… Read More

April 24, 2018 @ 10:02 am By JD Alois  |  

Crowd for Angels launched an initial coin offering (ICO) pertaining to a “Liquid Crypto Bond” in March. The token offering closed on March 31st with the  Angel cryptocurrency commencing trading on the GetBTC exchange on April 12th. Investors in the Bond apparently received free Angel… Read More

April 23, 2018 @ 11:44 am By JD Alois  |  

VRBex Inc., a new cryptocurrency exchange that is being led by former BBVA bankers, has announced an initial coin offering that is kicking off today. VRBEX said it will operate an exchange and security-token trading platform, along with storage and payments in cryptocurrency. The VRBex platform will… Read More

April 23, 2018 @ 7:32 am By David Felsenthal and Jesse Overall  |  

In this article we discuss a number of lessons that we believe issuers of digital tokens can draw from recent enforcement actions brought by federal and state securities regulators. But we first need to define the perimeter we will be covering. There has been a… Read More

April 22, 2018 @ 2:41 pm By JD Alois  |  

This past week the Monetary Authority of Macau issued a warning that virtual currency is not legal currency. Stating that “recently, the media reported that companies had virtual currency subscription activities in Macau. The Macau Monetary Authority reminded local residents that virtual currency is a… Read More

April 20, 2018 @ 3:01 pm By Cali Haan  |  

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

April 20, 2018 @ 9:07 am By JD Alois  |  

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

April 19, 2018 @ 8:17 pm By JD Alois  |  

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

April 19, 2018 @ 9:41 am By JD Alois  |  

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

April 18, 2018 @ 5:58 pm By JD Alois  |  

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

April 18, 2018 @ 8:09 am By Cali Haan  |  

Cambridge Analytica, the firm that claims it used personal data to sway the last US election, planned to issue a cryptocurrency to enhance it’s powers of political persuasion, the New York Times reports. In addition to considering their own ICO (Initial Coin Offering), Cambridge Analytica… Read More

April 16, 2018 @ 7:57 am By Cali Haan  |  

Popular initial coin offering (ICO) investor and YouTube influencer Ian Balina has reported on Twitter, Telegram, and Instagram that he has been hacked. The hack may have been initiated during a live ICO-review broadcast Balina hosted last night on Youtube. In it, Balina responded to… Read More

April 13, 2018 @ 9:27 am By JD Alois  |  

One of the fastest growing social networks and messaging apps in the world, Telegram, has been hit with a ban from Russian authorities. Roskomnadzor, the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, posted on their site; “The procedure for restricting… Read More

April 11, 2018 @ 3:00 pm By JD Alois  |  

The Financial Conduct Authority (FCA) has recently published a note stating they are aware of a growing number of UK firms issuing cryptocurrencies or digital assets associated with initial coin offerings. These vehicles are currently not directly regulated but the FCA, and other policy types,… Read More

April 11, 2018 @ 12:36 pm By JD Alois  |  

Frank Fu, Managing Director at Chinese tech firm Meitu, has invested $2 million in MyDFS. The blockchain based company wants to change how fans play online daily fantasy sports with smart contracts. MyDFS has also brought Fu on board as an advisor to the company. “The… Read More

April 4, 2018 @ 5:00 am By Cali Haan  |  

Sporting a name that might sound cool if you’re high, a purported crypto-product named “Dietbitcoin” is now being shilled by the brother of deceased Colombian Cocaine King, Pablo Escobar. Displaying a cadence and confidence either cocaine-fueled, Spanish or both, Roberto Escobar states in a paid… Read More

April 2, 2018 @ 12:50 pm By JD Alois  |  

Telegram or TON Issuer, has filed a new Form D with the Securities and Exchange Commission that indicates $1.7 will be (or has been) raised for one of the hottest initial coin offerings ever. According to the Reg D 506c offering document; “This $850,000,000 offering… Read More

April 2, 2018 @ 6:00 am By Andy Bromberg, Georgia Quinn & Regan Bozman  |  

  To date, fundraising has been blockchain’s killer app. In 2017, Initial Coin Offering (ICO) fundraising eclipsed that of traditional venture capital, and in 2018, ICOs have already raised nearly $3 billion in non-dilutive funding. This new form of early-stage financing is incredibly promising, at… Read More