Microsoft Wants to Help Make Your ICO a Success

ICOs are not dead. Not when one of the world’s biggest tech corporations is venturing into it. Microsoft Azure, a cloud computing service created by Microsoft, recently listed Stratis in its products’ section. The platform, created by London-based Stratis Group, offers a web-based application that enables initial coin offering projects to manage token distribution. It…

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Cash-Strapped Portuguese Football Giant Sporting Ponders ICO

Twitter Facebook LinkedIn Sporting Clube de Portugal (SCP), a popular Portuguese football club, is reportedly considering launching an initial coin offering (ICO) as an alternative way to raise funds, at a time in which it’s struggling to raise them through a bond issue. According to local news outlet Dinheiro Vivo, the club’s vice-president Francisco Salgado…

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Crypto Hedge Funds are Going to Start Shutting Down: Morgan Creek

Twitter Facebook LinkedIn The depths of this year’s cryptocurrency bear market evidently show significant signs of further trouble. According to notable crypto figure and Morgan Creek Digital founder Anthony Pompliano, significant price drawdowns this year could lead to crypto hedge funds closing up shop soon. Hedge Funds CCN reported today of Bitcoin dropping below $5,000 in…

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ICO Misconduct Takes Center Stage in SEC Enforcement Report

Twitter Facebook LinkedIn Despite the fact that the US Securities and Exchange Commission (SEC) has yet to craft a clear regulatory framework for cryptocurrencies, the agency placed a great deal of emphasis on the space this year, particularly on initial coin offerings (ICOs). The SEC’s Division of Enforcement published its fiscal year 2018 annual report, the…

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Another ICO Hacked: KICKICO Loses $8 Million After Smart Contract Breach

KICKICO, an initial coin offering (ICO) project launched on top of the Ethereum blockchain protocol, was hacked on July 27, losing more than 70 million KICK worth $7.7 million. Smart Contract Breach Dissimilar to most cryptocurrency, blockchain network, and token hacking attempts, the security breach of KICKICO was unique in that the hackers were able…

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