ico

The first closed tokenized hedge fund Token-as-a-Service (TaaS) intends to distribute the assets among the initial participants of its ICO (3,942 investors) and holders of tokens. Then the organization will cease its activities, and the TaaS token will be abolished. This was reported to ForkLog by company representatives. Over the past two years, TaaS has invested USD 10.5 million in 35 projects (including EOS, Bancor, Vimana, ICON, Singularity.net, SALT and […]

The frequent guest of the YouTube-channel ForkLog and the convinced Bitcoin-maximalist Ton Weiss may become the second in the last few days a community representative, against whom a lawsuit will be filed for defamation and the dissemination of defamatory information. This time, TokenPay, a provider of payment solutions, was in the role of a probable plaintiff. As an American trader wrote, he previously received from SG TokenPay attorneys […]

France will contribute to the promotion of blockchain technologies, considering them as a means of countering the monopolies of financial giants, said Finance Minister Bruno Le May at Paris Blockchain Week. It is reported by France 24. He noted that France has already prepared legal, fiscal and accounting regulatory frameworks for managing cryptocurrency fundraising as a basis for developing the blockchain economy. “Blockchain protocols […]

The developers of the blockchain project NuCypher have criticized the existing approaches to ICO / IEO, suggesting an alternative model of tokensale called WorkLock. Thinking about #token distribution models… Ideal distributions should: ▪ Disablentivize price speculation ▪ Be permissionless and #decentralized / YJiyprr2yK – NuCypher (@NuCypher) 27 March 2013 […]

AriseBank CEO Jared Rice confessed to deceiving investors for $ 4.2 million in cryptocurrency. The plea agreement filed in the federal court of Dallas, writes Dallas News. According to the document, Rice promised investors a “guaranteed return” of up to 20% of the invested funds, as well as opening bank accounts insured by the Federal Deposit Insurance Corporation and debit and credit […] associated with Visa.