Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs

The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency.  Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. Details of the policy changes form part of […]

Continue Reading

Wu-Tang Clan are Releasing a Cryptocurrency in Honor of Ol’ Dirty Bastard

The seminal hip-hop group plan to honor the legacy of deceased group member Ol’ Dirty Bastard by releasing a cryptocurrency bearing his name. The Return of the WU 25 years ago as Wu-Tang Clan dominated the U.S. hip-hop scene, they proudly proclaimed that “The Wu-Tang Clan ain’t nothing to f*ck with” and in 2018 it’s […]

Continue Reading

Johny Depp Teaming Up for a Cryptocurrency Collaboration

Johny Depp is reportedly teaming up with blockchain-based content sharing platformTaTaTu. The actor will participate in the partnership through his production company Infinitum Nihil. Johnny Depp Sails the Blockchain Sea Actor Johny Depp has signed a development deal with content sharing platform TaTaTu and its founder Andrea Iervolino. TaTaTu is using blockchain technology to certify […]

Continue Reading

Civil Refunds its ICO Investors in Token Sale Failure

The Civil Media Company’s ambitious plan to sell $8 million worth of its cryptocurrency token CVL, and fund a decentralized platform for new journalism, has failed for now. Many investors were skeptical of Civil’s vision, and they were proven right when Civil announced on Tuesday it will refund its investors. Civil’s hyped initial coin offering (ICO) […]

Continue Reading

Biggest ICO Winners and Losers: By The Numbers

As a follow-up to last week’s Bitcoinist article on sh*tcoins and Initial Coin Offerings (ICOs), Bitcoinist looks at crypto researcher Steven Zheng’s numbers, successful-to-unsuccessful ICO ratio, and more. From Lowest to Highest Returns of Investment (ROI) Bolenum likely probably bound to fail after raising only $18,500 during August 2017. At the same time, the second most fruitful […]

Continue Reading

SEC ‘Underwhelmed’ by Lack of Enthusiasm for Regulation

Adam James · June 8, 2018 · 3:00 pm Cryptocurrency exchanges dealing with ICOs are now required to register with the SEC, though one director at the independent agency claims the response has been weaker than expected. He also noted that a statement on either Ethereum or Ripple will be coming in the future.  ‘We’re […]

Continue Reading

Monster Inc. Desperately Launching $300 Million ICO

Matthew Hrones · June 4, 2018 · 5:00 am Monster Inc, the company which notoriously lost out on Beats By Dre headphones, is planning on launching its very own cryptocurrency. The offering is slated to be called the “Monster Money Token,” according to documents filed with the U.S. Securities and Exchange Commission. Monster also plans on revamping […]

Continue Reading

ICOs ‘All Scams Until Proven Otherwise,’ Says BitTorrent Creator

Wilma Woo · June 1, 2018 · 6:00 pm BitTorrent creator Bram Cohen has become the latest high-profile cryptocurrency industry figure to urge explicit caution over all ICOs. Cohen: No Need For ‘Benefit Of The Doubt’ In comments on social media, Cohen, who stopped short of criticizing the ICO crowdfunding model itself, implied industry journalists […]

Continue Reading