ICO

  • Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?

    Equity podcast: The Uber saga, delayed IPOs and just what is an ICO?

    Hello and welcome back to Equity, a social experiment regarding how many acronyms an audience can endure before passing out. Each week we dive into the world of venture capital, looking to understand exactly what’s going on behind the money. This week Katie Roof, Matthew Lynley, and myself — Alex! — were joined by Samuel Angus, a partner on the corporate team of Fenwick and… Read More

  • Crunch Report | Postmates delivers a personnel shift

    The first ICO unicorns have arrived, the Nest Thermostat E is a new cheaper, simpler thermostat, Postmates laid off all its city managers yesterday and the latest SanDisk microSD card can now hold 400 GBs of data. All this on Crunch Report! Read More

  • Chat app Kik to raise $125M through an ICO in September

    Chat app Kik to raise $125M through an ICO in September

    Messaging app company Kik has revealed that it plans to raise $125 million via its ICO. The company first announced the plan to hold a token sale in May, taking advantage of a rush of investment based around selling dedicated crypto tokens to investors, and the event will take place from September 12, it confirmed. Kik has already ‘pre-heated the oven’ by raising $50 million… Read More

  • Enigma will refund ICO investors who lost $500,000 to scammers

    Enigma will refund ICO investors who lost $500,000 to scammers

    Enigma, the investment platform that is preparing for an ICO next month, confirmed today that it will refund members of its community who lost money after a scammer compromised its social accounts. Around $500,000 in crypto coins were stolen on Monday after a hacker fooled prospective investors in Enigma’s ICO into sending Ethereum to their wallet. The attacker gained access to… Read More

  • This European country may hold an ICO and issue its own cryptocurrency

    This European country may hold an ICO and issue its own cryptocurrency

    We’ve officially hit peak ICO. Estonia, a small country in Northern Europe, just floated the idea of potentially raising money by issuing a token called “estcoins“. So why Estonia? The country is pretty forward thinking when it comes to technology – they are the first nation to offer an e-Residency program.  The program is almost like a digital citizenship, and… Read More

  • Hackers nab $500,000 as Enigma is compromised weeks before its ICO

    Hackers nab $500,000 as Enigma is compromised weeks before its ICO

    The ICO hackers are at it again. Enigma, a de-centralized platform that’s preparing to raise money via a crypto token sale, had its website and a number of social accounts compromised with the perpetrators netting nearly $500,000 in digital coin by sending out spam. Enigma, which was started by a group of MIT graduates, did not lose any money from the attack. Whoever orchestrated it… Read More

  • Vitalik Buterin and Naval Ravikant to discuss Ethereum at Disrupt SF

    Vitalik Buterin and Naval Ravikant to discuss Ethereum at Disrupt SF

    Cryptocurrencies are back. But did they ever go away? If you ask cryptocurrency advocates, they’re going to tell you that it’s been a slow and steady rise filled with initial coin offerings, forks and updates. That’s why we’re excited to welcome Ethereum co-founder Vitalik Buterin and AngelList co-founder and CEO Naval Ravikant at TechCrunch Disrupt SF. They’re… Read More

  • Filecoin’s ICO opens today for accredited investors after raising $52M from advisers

    Filecoin’s ICO opens today for accredited investors after raising $52M from advisers

    Filecoin, the much-anticipated cryptocurrency that will eventually power a distributed file storage system, is opening its ICO today at 12pm PT / 3pm ET today. Last week Filecoin concluded a much talked about “advisor” sale that brought in a total of $52M from ~150 investors including Sequoia Capital, Andreessen Horowitz, Union Square Ventures, Winklevoss Capital and about 100… Read More

  • Why Science is turning to ICOs for its incubator

    Why Science is turning to ICOs for its incubator

    There has been a wave of startups turning to initial coin offerings, known as ICOs, to raise funding through digital currency and now at least one fund is doing this, too. Science Inc., the LA-based team co-founded by Peter Pham and Mike Jones, which has incubated startups like Dollar Shave Club, DogVacay and Wishbone, is launching a fund for blockchain startups and plans to raise the… Read More

  • Dear Floyd Mayweather, you’re why the SEC exists

    Dear Floyd Mayweather, you’re why the SEC exists

    Dear Floyd Mayweather: While perusing Facebook, I chanced across your post drumming up interest in the upcoming Stox initial coin offering (ICO). I understand your motivations in wanting to diversify your portfolio of investments, but I caution that your actions are reckless and potentially financially damaging to you and your fans. Read More