Venture capital’s ICO gambits left Bitcoin ecosystem underfunded — Adam Back

    Venture capitalists have favored ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. nitial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant toward non-Bitcoin investments by venture capitalists (VCs) over the past five years. Blockstream CEO Adam Back highlighted the…

    IDO: same ICO by a different name

    First popularized in 2017, ICOs are back again in a somewhat new form. Really though, it’s essentially the same, only even a little riskier than before. And yes, they are now called IDOs. IDO is an initial project token offering on a decentralized exchange, another way of public fundraising. There is no official definition of…

    SEC brings three more charges in $30 million ICO fraud case

    SEC has brought three new charges in the $30 million ICO fraud case against Boaz Manor and Edith Pardo, 18 months after the first charges. The Securities and Exchange Commission (SEC) has brought charges against three additional defendants in its ongoing case against ex-con Boaz Manor and his business associate Edith Pardo for raising $30…

    Crypto investor Vignesh Sundaresan: ‘It’s the NFT that changed the world’

    The entrepreneur on spending $69m on a non-fungible token artwork and how an avatar helped him circumvent the status quo — Stefania Palma at FT.com. It was almost a decade ago that Vignesh Sundaresan, googling for ways to transfer funds directly between stock brokerage accounts, chanced on an alternative to the conventional banking system. “I…