Archive | ICO

Telegram Raised $850 Million, But Was it an ICO?

The business model most people attribute to initial coin offering doesn’t always hold up. The recent Telegram “ICO” shows how some of these offerings are no longer accessible to the public. Changing the ICO Business Model If Telegram’s recent funding is an example, the concept of an ICO is no longer public. While the company […]

Swiss Financial Regulators Publish “Pretty Reasonable” ICO Guidelines

FINMA, the Swiss Financial Market Supervisory Authority, yesterday published guidelines explaining to organisers and investors how existing financial legislation would be applied to initial coin offerings. The document also details the criteria by which the regulator will judge each fundraising effort. The aim is to dispel uncertainty in the space and should allow investors and […]

SEC Halts Trading of Three Companies with Assets Tied to Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) has halted trading in three companies claiming acquisitions of assets tied to cryptocurrency and blockchain technologies. The agency said it had questions about their business operations and the value of the companies assets. Cherubim Interests Inc., PDX Partners Inc., and Victura Construction Group Inc. issued similar press releases stating they acquired the assets from a […]

Berkeley to Launch ICO for the Homeless

In Berkeley, California, a rising homeless population has created a very silicon valley response; creating a cryptocurrency fundraiser using Blockchain technology. Berkeley will use Blockchain technology to create affordable housing The City of Berkeley is preparing to launch an ICO – an initial digital coin offering – which has become a popular tool for tech startups […]