Justice Department Sues Founders of Mayweather-Backed ICO Federal authorities have charged the founders of Centra Tech with securities and wire fraud, shortly after their ICO was shut down by the SEC.… Read More
SEC Halts Mayweather-Backed ICO Over Alleged Fraud The U.S. Securities and Exchange Commission has halted the Floyd Mayweather-supported Centra Tech initial coin offering. … Read More
Telegram Doubles Amount Raised in ICO to $1.7 Billion Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.… Read More
Game Giant Unity to Work With Kik’s ICO Token The Kin Foundation, which governs the cryptocurrency developed by Kik, announced a partnership with Unity Technologies on Thursday. … Read More
What It’s Really Like to Talk to the SEC About Your ICO Sweetbridge’s CEO met face-to-face with the SEC and came away with a sense the regulator is open to figuring out the best rules for the industry. … Read More
Massachusetts Halts 5 ICOs on ‘Unregistered Securities’ Grounds The U.S. state of Massachusetts halted five token sales, alleging all involved the sale of unregistered securities. … Read More
Steven Seagal and Bitcoiin Founders ‘Exit’ As ICO Ends Steven Seagal will no longer serve as brand ambassador for the “Bitcoiin” cryptocurrency. … Read More
Alibaba Payment Affiliate Rules Out ICO Fundraising Ant Financial Services Group, Alibaba’s payment affiliate and operator of AliPay, has taken a critical stance over initial coin offerings.… Read More
The Right Way to Think About Crypto Tokens Two researchers have written a paper that explains how utility tokens give consumers direct collective power over price, provided issuers don’t cheat.… Read More
Better Bitcoin Relay? Crypto VCs Back BloXroute Funding BloXroute’s founder worries relay networks that speeds data between crypto miners are not censorship resistant and too slow to foster scaling now.… Read More