Tagged: initial coin offering

February 14, 2018 @ 10:38 am By JD Alois  |  

FUSION has announced that it has successfully completed its initial coin offering (ICO) having raised 126,000 Ether, worth about $110 million, in just 24 hours. FUSION reported that its token offering was oversubscribed by 2.5X with investors seeing their contributions returned that went over the… Read More

February 6, 2018 @ 8:01 am By JD Alois  |  

Overstock.com (NASDAQ:OSTK) and Siebert Financial Corp. (NASDAQ:SIEB) have launched Muriel Siebert & Co. discounted online trading platform through Overstock.com’s FinanceHub as it merges e-commerce and securities transactions. Announced last December, any investor in the US, may access the Siebert portal through Overstock.com’s FinanceHub the opportunity to… Read More

February 5, 2018 @ 11:35 pm By JD Alois  |  

Manchester, UK based Energi Mine says it raised $4 million in just 81 minutes. The final leg of the initial coin offering (ICO) took place on February 1st. Energi Mine opened the offer at 10AM. At 11:21AM it closed. The last round of the ICO… Read More

February 5, 2018 @ 3:58 pm By JD Alois  |  

Marco Santori, formerly a Partner at Cooley, LLP and author of the controversial SAFT or Simple Agreement for Future Tokens, has joined Blockchain as President and Chief Legal Officer.  In the past, Santori has been labeled “the Dean of Digital Currency Lawyers” by some and… Read More

February 5, 2018 @ 1:58 pm By Therese Torris  |  

The Paris Fintech Forum 2018 (#PFF18) was a huge event, here are a few highlights from the sessions moderated by Crowdfund Insider & friends. The conference gathered more than 2,500 delegates from more than 50 countries from the five continents at the old French stock… Read More

February 5, 2018 @ 10:21 am By JD Alois  |  

Waves has announced a new partnership that will expand its presence into the hot Southeast Asian initial coin offering (ICO) market. Waves has announced an agreement to collaborate with Indonesian platform Tokenomy to push into major new global opportunities. Waves says that as part of… Read More

February 2, 2018 @ 12:38 pm By JD Alois  |  

The KROPS Initial Coin Offering has received a Cease & Desist (C&D) from the Philippines Securities and Exchange Commission. The C&D, embedded below, demands the immediate halt to the sale of KROPS Tokens or KropCoins. The SEC states the company has not filed the necessary… Read More

February 1, 2018 @ 1:06 am By JD Alois  |  

Crowd Genie Financial Services Pte Ltd, regulated by the Monetary Authority of Singapore (MAS), has announced an initial coin offering (ICO) via their related entity CGSPV Pte. Ltd. The peer to peer lender states that it intends on issuing 60 million Crowd Genie Coins, or… Read More

January 31, 2018 @ 12:55 am By JD Alois  |  

One of the most anticipated initial coin offerings (ICO) in 2018, Kodak and its KODAKCoin security token has shared more than 40,000 potential investors have expressed interest in participating in the funding round. KODAKCoin is now moving to the “accredited investor verification phase” where individuals… Read More

January 30, 2018 @ 3:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has slammed the brakes on another initial coin offering (ICO) that flouted established securities laws. The SEC obtained a court order halting the AriseBank ICO that targeted retail investors to invest in the “world’s first decentralized bank. AriseCoin’s public… Read More

January 29, 2018 @ 11:11 am By JD Alois  |  

The SelfKey token Airdop has pushed pause as some users have expressed concern over the private key usage in the SelfKey wallet. SelfKey announced they were pausing the Airdrop in order to address this community concern. SelfKey is a Blockchain based digital identity system that allows… Read More

January 29, 2018 @ 10:49 am By JD Alois  |  

Waves has announced that the Simdaq initial coin offering (ICO) has hit its hard cap in just 28 hours. The partnership with the Waves Lab incubator helped Simdaq raise $5 million in a bit over a day. Simdaq wants to democratize crypto trading by sharing insights… Read More

January 26, 2018 @ 9:44 am By JD Alois  |  

  This past week both the Securities and Exchange Commission and the Commodity Futures Trading Commission came out with strong statements warning the exuberant initial coin offering industry (ICO) that regulators will no longer tolerate the flouting of existing securities law. ICOs have increased rapidly… Read More

January 25, 2018 @ 10:10 am By JD Alois  |  

Cayman based Mobius Network has announced the close of their MOBI initial coin offering public sale. Mobius says the token sale was scheduled to close on February 18th, but sold out in just over two hours. Mobius previously announced the closing of a $35 million… Read More

January 25, 2018 @ 9:42 am By JD Alois  |  

Bart Chilton, a former Commissioner at the Commodity Futures Trading Commission (CFTC) from 2007 to 2014, has signed up to advise Omega One, an offshoot of Consensys. Omega One is on a mission to build a bridge between traditional markets and digital assets by improving… Read More

January 25, 2018 @ 12:36 am By JD Alois  |  

SelfKey, a blockchain-based digital identity firm, has obtained a Mauritius’ Regulatory Sandbox License (RSL), according to information provided by the company. This license will allow SelfKey to develop their self-sovereign digital identity wallet and financial services marketplace under supervision and scrutiny of the Board of… Read More

January 24, 2018 @ 9:40 am By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) has shut down another initial coin offering with allegations of fraud. The ICO unfortunately named My Big Coin (MBC) ends up becoming My Big Con as the enforcement action has charged defendants Randall Crater of East Hampton, New York, Mark Gillespie of Hartland,… Read More

January 24, 2018 @ 7:51 am By JD Alois  |  

The Swiss State Secretariat for International Financial Matters (SIF) has announced the creation of a Blockchain / ICO working group this past week. The new Group has been tasked to review the legal framework and identify any need for action with the involvement of the… Read More

January 22, 2018 @ 12:09 pm By JD Alois  |  

The tZero initial coin offering is one of the most anticipated ICOs scheduled to take place this quarter. tZero, an offshoot of Overstock.com, is founder Patrick Byrne’s vision of the digital asset future. While the past year has been a sugar rush bonanza of global… Read More

January 22, 2018 @ 9:55 am By JD Alois  |  

Aurora Labs S.A., a Panama based company, has completed their initial coin offering raising over $6 million. Aurora has launched the IDEX – a real time decentralized cryptocurrency exchange. The funds received will be used to fuel platform growth. Aurora announced a strategic partnership with… Read More