Tagged: initial coin offering

November 8, 2017 @ 12:33 pm By JD Alois  |  

Electroneum recently raised $40 million in a highly successful Initial Coin Offering (ICO). The funding came in via ETH 42058.31 and BTC 4872.16. The British cryptocurrency for is targeting the 2.2 billion smartphone users around the globe. Electroneum explains the problem their crypto is attempting… Read More

November 7, 2017 @ 2:20 pm By JD Alois  |  

Recently someone forwarded a copy of the Tezos Terms of Allocation regarding their spectacularly successful Initial Coin Offering (ICO). To update anyone that has not followed the odyssey of the high profile ICO, Tezos – a self amending cryptographic ledger”, raised $232 million this past… Read More

November 6, 2017 @ 12:17 pm By Samuel Guzik  |  

As a securities lawyer and a sometimes advocate for smart regulation of capital formation, I must confess: When it comes to addressing the current state of the Initial Coin Offering (ICO) marketplace, I believe that market participants face a crisis of growing proportions. No Hype… Read More

November 6, 2017 @ 12:00 pm By JD Alois  |  

iComplyICO  or “iComply Investor Services Inc.”, a Regtech platform that seeks to automate compliance procedures for initial coin offerings (ICOs), has announced that William “Bill” Schumacher has joined its advisory council. Schumacher, now retired, spent over 30 years in the securities industry, 24 of which… Read More

November 6, 2017 @ 10:01 am By Samantha Hurst  |  

Pundi X, a blockchain startup that aims to make cryptocurrencies an enabler of cashless payment environments across South East Asia, announced on Monday the launch of its Know Your Customer (KYC) process to whitelist investors in preparation for its public Initial Coin Offering (ICO). Investors who… Read More

November 5, 2017 @ 4:51 pm By JD Alois  |  

CoinList has announced their second Initial Coin Offering (ICO), Blockstack, is now open for registration. If you are interested in participating in this investment opportunity, you must register by November 10th to guarantee your allocation. After November 13th, allocations will be distributed on a first… Read More

November 5, 2017 @ 3:00 pm By Joshua Ashley Klayman  |  

You Can’t Generally Stop Someone From Suing You. In the years before the blockchain buzz, I often would sit in my mentor’s office for conference calls. Even on calls where there was not much for me to add, I always learned from listening to him… Read More

November 4, 2017 @ 7:16 pm By JD Alois  |  

Crowdfund Insider reported last month about the RECoin Initial Coin Offering (ICO) that promised tokens backed by real estate that did not really exist. Maksim Zaslavskiy, the alleged mastermind behind a fraud launched from a series of companies including RECoin Group Foundation, DRC World and Diamond… Read More

November 2, 2017 @ 8:17 pm By JD Alois  |  

Tezos raised an astounding $232 million in an Initial Coin Offering (ICO) this past summer.  As the price of Bitcoin and other cryptocurrencies rocketed higher, some industry followers pegged the actual raise by Tezos closer to $400 million. A couple weeks back things started to… Read More

November 1, 2017 @ 8:01 pm By Georgia Quinn  |  

  Sober enthusiasm is the way I would describe a recent LAT Blockchain Economic Forum I attended in New York City. Most speakers at the event noted that we are in a crypto bubble referencing the gold rush mentality embracing the Initial Coin Offering (ICO)… Read More

October 30, 2017 @ 6:13 pm By Joshua Ashley Klayman, Lewis Rinaudo Cohen and Robin Sosnow  |  

On Friday, Crowdfund Insider ran a story entitled “ICOs are Securities: Token Based Offerings Poised for a Rude Awakening as US Regulators May Soon Act”. Raising funds through the sale of digital tokens (commonly known as initial coin offerings or “ICOs”) has garnered tremendous attention… Read More

October 30, 2017 @ 12:29 pm By JD Alois  |  

Following the blowout Initial Coin Offering (ICO) by Filecoin that raised an incredible $205 million, CoinList has partnered with Blockstack for its forthcoming token sale. CoinList was launched by the team behind AngelList and Protocol Labs. Recently, the funding platform announced a revamping as it… Read More

October 28, 2017 @ 12:30 pm By JD Alois  |  

A group of European industry advocates have published a proposition for a “Self Regulation Charter for European ICOs”.  According to the web site, organizers believe that Europe is in need of a manifesto governing Initial Coin Offerings or Initial Token Offerings (ITO) (however you want… Read More

October 26, 2017 @ 11:10 pm By JD Alois  |  

The US Securities and Exchange Commission (SEC) pumped their regulatory brakes on Initial Coin Offerings (ICOs) earlier this year. Pointing to the DAO debacle, the Feds said if a tokenized offering is a security it will be regulated, end of story. This  statement was a long… Read More

October 26, 2017 @ 6:45 pm By JD Alois  |  

The Co-Director of the SEC Division of Enforcement, Stephanie Avakian, gave a speech today tackling the topic of retail investor protection and cybersecurity. Both issues have always been important missions at the SEC but recent cyber intrusions at the Commission (and elsewhere, unfortunately) have brought… Read More

October 26, 2017 @ 11:36 am By JD Alois  |  

The Autorite des Marches Financieres (AMF) in France has launched a consultation on Initial Coin Offerings (ICO) and the issuance of crypto based tokens. In France, according to the document, there have been at least four ICOs to date with multiple other offerings in the… Read More

October 25, 2017 @ 3:29 pm By Therese Torris  |  

Two main topics of the 6th Annual Convention of the European Crowdfunding Network (ECN) on October 19th and 20th were technology innovation and cross-border finance. The discussions showed that alternative finance has only scratched the surface of its technological innovation’s potential ‒ the potential to… Read More

October 25, 2017 @ 1:19 pm By Samantha Hurst  |  

Singapore-based WishFinance announced on Wednesday the global expansion of its blockchain platform. According to the company, this decision was widely applauded by investors who put into the project during the token pre-sale campaign from October 15th to October 25th.  As previously reported, WishFinance has issued more… Read More

October 25, 2017 @ 10:05 am By JD Alois  |  

Recently the Canadian regulators have gone out of their way to embrace innovation and Fintech in general. This past week, the Ontario Securities Commission (OSC) published a decision on the application of Token Funder to launch an Initial Coin Offering (ICO) and the tokenized security… Read More

October 25, 2017 @ 8:02 am By JD Alois  |  

Worldwide Asset eXchange (WAX) and KyberNetwork have formed a partnership said to enable online gamers to pay for virtual items using ETH and ERC20 tokens on the WAX platform and on the website OPSkins.com, the largest in the marketplace in the world for the $50… Read More