Today in brighter crypto news: SEC says tokens are securities

Crypto news got a little boost last week after a dark month of crashes, stablecoins, and birthdays. The SEC ruled that two ICO issuers, CarrierEQ Inc. and Paragon Coin Inc., were in fact selling securities instead of so-called utility tokens. “Both companies have agreed to return funds to harmed investors, register the tokens as securities, […]

View More Today in brighter crypto news: SEC says tokens are securities

Coinbase is now worth more than all but three cryptocurrencies

With its shiny new $8 billion valuation, Coinbase is now worth more than all but the top three cryptocurrencies that trade on the platform. That’s right, the only cryptocurrency assets that are worth more than the platform that trades them are Bitcoin, Ethereum and Ripple. Bitcoin Cash, the currency forked from Bitcoin, is a distant […]

View More Coinbase is now worth more than all but three cryptocurrencies

Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency

Many doubted The Civil Media Company’s ambitious plan to sell $8 million worth of its cryptocurrency, called CVL. The skeptics, as it turns out, were right.

View More Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency

Report: Most ICO project financing unaffected by crypto market crash

Despite a bear market that has seen the price of Ethereum drop by over 80 percent since the start of the year, most projects that raised money via an ICO remain unaffected, according to the findings of a new report. Bitmex, best known for a crypto trading service, claims to have crunched the numbers on […]

View More Report: Most ICO project financing unaffected by crypto market crash

It’s the end of crypto as we know it and I feel fine

Watching the current price madness is scary. Bitcoin is falling and rising in $500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period […]

View More It’s the end of crypto as we know it and I feel fine

ICOs are increasingly just for venture capitalists

The rollercoaster-get-rich ICOs of 2017 are over — crypto companies are waking up to the idea that VC investors aren’t so bad after all. Companies used initial coin offerings (ICOs) to raise some $5.5 billion in cryptocurrency-based funding last year. As an emerging investment system with no regulation, nearly anyone was allowed in. The knock-on effect […]

View More ICOs are increasingly just for venture capitalists

Security tokens will be coming soon to an exchange near you

While cryptocurrencies have generated the lion’s share of investment and attention to date, I’m more excited about the potential for another blockchain-based digital asset: security tokens.

View More Security tokens will be coming soon to an exchange near you

Ethereum’s falling price splits the crypto community

Hello And Welcome Back To The Latest Edition Of All The Cryptos Are Getting Rekt Right Now. Crypto bloodbaths have become fairly common in 2018 — mainly because of the insane growth in 2017 — but we’ve not covered them all because they are so numerous and often include so-called ‘flash crashes’ or small drops, but […]

View More Ethereum’s falling price splits the crypto community

Shocking no one, study finds almost 80 percent of ICOs are scams

TwitterFacebook

Initial coin offerings are the way of the future, and oh boy is that future shady. 

A new study found that the favorite fundraising mechanism of the blockchain universe is often employed by those trying to fleece the world, not improve it. And, well, no one should be too shocked — it’s not like ICOs are exactly the picture of above board

For the blissfully unaware, ICOs provide companies with a poorly regulated way to raise large sums of money. Unlike the more traditional IPO, an ICO lets those in the cryptocurrency space sell tokens or so-called coins that will — in theory — be worth something at a future date. The reality often isn’t so pretty. Read more…

More about Bitcoin, Blockchain, Ether, Ethereum, and Initial Coin Offering

View More Shocking no one, study finds almost 80 percent of ICOs are scams

Thousands of cryptocurrency projects are already dead

Two sites that are actively cataloging failed crypto projects, Coinopsy and DeadCoins, have found that over a 1,000 projects have failed so far in 2018. The projects range from true abandonware to outright scams and include BRIG, a scam by two “brothers,” Jack and Jay Brig, and Titanium, a project that ended in an SEC […]

View More Thousands of cryptocurrency projects are already dead

ICOs are becoming funds

What does a startup do with $48 million? $130 million? $1.7 billion? This question – one integral in the whole ICO craze – hasn’t quite been answered yet but it’s going to be far more interesting as ICOs and cryptocurrencies transform from purely product-oriented companies into actual funds. Take the news that the creator of […]

View More ICOs are becoming funds

Korean crypto exchange Coinrail loses over $40M in tokens following a hack

Another day, another crypto hack. This time it’s Korea, the crypto-mad Asian country, where an exchange called Coinrail lost more than $40 million in altcoins, ICO-issued tokens that aren’t bitcoin or Ethereum, after it was hit by an apparent attack over the weekend. Korea may be a hot spot for crypto investment, but Coinrail is […]

View More Korean crypto exchange Coinrail loses over $40M in tokens following a hack