Telegram or TON Issuer, has filed a new Form D with the Securities and Exchange Commission that indicates $1.7 will be (or has been) raised for one of the hottest initial coin offerings ever.
By Shawn Gordon for his blog
In December 2017 I had an opportunity to discover the Kenyan based Nurucoin ICO and write up a spotlight article on it. As sometimes happens, I develop an affinity for the person/company that I talked to when putting these articles together and in this case, I kept in contact with CEO Isaac Muthui.
For decades wealthy individuals, corporations, and institutions have had the luxury of hiding their vast sums of wealth in tax havens to avoid high tax rates, particularly in Switzerland. Since bank secrecy laws were enshrined in Switzerland’s constitution in 1934, Switzerland has become home to one-third of the world’s overall hidden wealth. However, on December 31, 2017, that ability to dodge the tax man will no longer exist. (more…)
Waves, a leading blockchain-based platform, today announced the launch of its new payment gateway framework for the Waves ecosystem. (more…)
By Jon Russel for TechCrunch
The crypto industry is often criticized from the outline for creating wealth that exists only in digital form, is unstable and driven by greed. That’s why a new charity initiative from top figures inside the Ethereum community might make a few non-believers sit up for a moment. (more…)
A new foundation bidding to build a non-anonymous, reserve-backed digital currency has added the chairman of JPMorgan Chase International and a Nobel Laureate to its advisory council. (more…)
By Michiel Mulders,
Centralized marketplaces have some well-known issues which are almost all related to trust. It is incredible that marketplaces like eBay do work. We trust a complete stranger our money before he has sent any wished goods.People who have lost faith in humanity might be wrong. (more…)
The ICO fundraising mechanism became one of the most popular topics of 2017. New blockchain tech and cryptocurrencies allowed startups all over the world to access capital which was practically impossible for them before. Token sales became an even more effective tool than going to VCs (startups raised more money via ICOs). However, this fairytale could not last forever, and the hangover came soon enough as more and more ICO projects started failing. (more…)
In a speech delivered at the Money20/20 Asia conference in Singapore, Ravi Menon, MD of the Monetary Authority of Singapore (MAS) delivered a speech assessing the state of cryptocurrencies and initial coin offerings (ICOs). Entitled, “Crypto Tokens: The Good, The Bad, and The Ugly,” Menon leveraged the popular theme of the legendary Spaghetti Western that starred a young Clint Eastwood. (more…)
By Reuben Jackson
Since the 2008 global financial crisis, the financial sector has experienced major disruptions thanks to the emergence of cutting-edge technology in AI, Machine Learning, and Blockchain. In the investment arena, AI and its subset of Machine Learning have given us robo-advisors while blockchain technology is the mother of all cryptocurrencies. (more…)
By HackerNoon Blog
You cannot be a crypto investor or entrepreneur without having a real understanding of the differences between these types of blockchains as well as their implications. Even if they are based on similar principles, their operation is, in fact, different to all levels. So the tokens issued by these blockchains will not be assessed in the same manner. (more…)
Credit Suisse and ING have executed a live collateral swap with full legal exchange of contracts and settlement taking place over R3’s Corda blockchain platform. (more…)
If there’s something we’ve all learned since cryptocurrencies starting appearing at every street corner, is that you can easily fail and lose your money if you pick the wrong ones to invest in. (more…)
By Romain Dillet for TC
Circle just announced that it is acquiring U.S.-based cryptocurrency exchange Poloniex. According to Fortune, Circle is paying $400 million for the acquisition. Poloniex has been around for years and used to be one of the biggest exchanges out there — there are now many exchanges competing with Poloniex. (more…)
By Catherine Shu for TC
JD.com, one of China’s largest e-commerce companies, is launching a new Beijing-based accelerator program for artificial intelligence and blockchain startups. Called AI Catapult, its first batch includes six companies: Bankorus, CanYa, Bluezelle, Nuggets, Republic Protocol and Devery. (more…)
Much of the conversation today about crypto is about Bitcoin and currency. But that’s myopic. Soon, we will be talking about how crypto will change the software world. In fact, many founders have already started that pursuit. More than 30% of the initial coin offerings (ICO) in 2017 target developers and businesspeople with their products. (more…)
Over the past year, a growing number of people have leapt to take part in bitcoin’s meteoric rise. Teenagers have invested their college funds. Some families have mortgaged their homes and placed everything on the table. Even billionaires have suggested putting 10% of all assets into the digital currency. (more…)
The speed of technological change is exponential. What was yesterday’s hot ticket quickly becomes tomorrow’s old news. We are living in the midst of a huge surge of interest and research in Artificial Intelligence (AI). It seems like every week there is a new breakthrough in the field and a new record is set in some task previously done by humans. If you don’t already know what IoT, AI, VR, AR, and bots mean, you better get up to speed immediately because these technologies are changing the way data is created, collected, interpreted, and communicated.
Telegram is conducting an ICO for its cryptocurrency Telegram Open Network (TON) that may raise up to $1.2 billion, an amount that would make it the largest ICO ever (Filecoin, the second largest ICO, raised $257 million in September). Telegram is an encrypted chat platform with 200 million users and is the platform of choice for people involved with cryptocurrencies who use it to launch project token sales and ICOs, keep followers up to date on projects, and coordinate developer efforts. The cryptocurrency created by the Telegram ICO would be closely integrated with the chat application and attempt to provide solutions for file storage, payments, and anonymous browsing. (more…)
By Mark Thomasson, a biz-dev hero at Invoicebus – a simple invoicing service that gets your invoices paid faster. He passionately blogs on topics that help small biz owners succeed in their business. He is also a lifelong learner who practices mindfulness and enjoys long walks in nature more than anything else.
Many people are trying to find their place under the Bitcoin sun these days. The craze of Bitcoin mining has taken the world by storm and a large number of people are trying to make money that way. (more…)
By Kai Stinchcombe for his blog
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it? (more…)