The UK’s data watchdog, the Information Commission’s Office (ICO), has still not obtained a warrant to enter and search the servers of the London-based political consultancy, Cambridge Analytica — the company at the center of the data misuse scandal engulfing Facebook — three days on from beginning the process. The earliest a warrant could now […]
View More UK data watchdog still waiting for warrant to raid Cambridge AnalyticaCategory: ICO
Google to ban cryptocurrency ads in June
Google will ban any cryptocurrency- or initial coin offering (ICO)-related ads starting in June, the company announced in an update to its Advertising Policies document.
According to the document, ads related to “cryptocurrencies and related co…
ICOs delivered at least 3.5x more capital to blockchain startups than VC since 2017
Recently, we found that, for 2018, the amount of money being raised by blockchain and blockchain-adjacent companies via traditional VC rounds is on pace to surpass 2017’s highs. But despite more than $900 million in recorded venture funding in 2017, and more than $375 million in known venture funding for the first two months of 2018 so far, traditional VC rounds — convertible… Read More
Uber co-founder Garrett Camp is creating a new cryptocurrency
Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency. The currency is called Eco, and Camp wants it to be a digital global currency that can be used as a pay…
View More Uber co-founder Garrett Camp is creating a new cryptocurrencyThe SEC is reportedly investigating a number of ICOs
The SEC is getting up close and personal with companies that have raised ICOs, according to a new report. Citing sources, the Wall Street Journal is reporting that the commission has “issued dozens of subpoenas and information requests” to tech companies that have held token sales and a number of advisors associated with them. More specifically, it appears that the SEC is… Read More
The ICO immaturity problem
I’ve been following “startups” – I define startups as small businesses with a global scale – for almost two decades. In that time I’ve watched them morph from unfunded pet projects by random geniuses into what amounts to an entire sub-economy dedicated to the creation, funding, and sale of these pet projects. Remember: Facebook, LinkedIn, and Twitter were… Read More
Cryptojacking attack hits ~4,000 websites, including UK’s data watchdog
An attacker injected a crypto mining script into a web plugin’s JavaScript library, and some 4,000 websites — a large number of them taxpayer funded — were co-opted into illegal crypto mining… oopsie… Read More
Digital minister’s app lands on data watchdog’s radar after privacy cock-up
The Matt Hancock app, which launched this week and quickly ran into a storm of criticism for displaying an unfortunately lax attitude to privacy, has caught the attention of the UK’s data watchdog. Awkward. Read More
Crunch Report | Amazon, JPMorgan and Berkshire Hathaway are building a healthcare company
Amazon, JPMorgan and Berkshire Hathaway are building a healthcare company, Facebook is banning cryptocurrency ads and TrackR lays off 42 people. All this on Crunch Report. Read More
View More Crunch Report | Amazon, JPMorgan and Berkshire Hathaway are building a healthcare companyFacebook is banning cryptocurrency and ICO ads
Facebook has a new advertising policy pertaining to cryptocurrency, binary options and initial coin offerings. The policy specifically prohibits ads that promote those types of products and services “that are frequently associated with misleading or deceptive practices,” Facebook Product Management Director Rob Leathern wrote in a blog post today. Read More
‘Shadow of the Colossus’ PS4 remake exceeds the original
Shadow of the Colossus is one of those games I’ve purchased multiple times on multiple platforms, because the original was about as unique and satisfying a video game experience as you can find. But the new PlayStation 4 remake of the Team ICO standout, which recreates the game in stunning 4K HDR, is that rare remake that proves a better and more satisfying experience than the… Read More
Equity podcast: Netflix soars, Twitter loses a big bird, Lyft isn’t woke and more ICOs
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we once again had the full crew on set: Matthew Lynley, Katie Roof, and myself. And even better, we were joined by Sarah Tavel from Benchmark, who helped us unspool a topic or three. And topics we had. This being earnings season, we had little choice… Read More