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How to make sure you don’t get swindled in an ICO

Looking into investing some of your cash in an ICO (initial coin offering)? The crowdfunding events that let you purchase companies’ digital tokens can be lucrative, but they’re also incredibly risky. One risk involved is the very real possibility that the tokens you purchase simply lose value compared to the …

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Bitcoin and Blockchain

When bitcoin broke into public consciousness in 2013, it couldn’t have been sexier: a digital currency being used to buy everything from drugs to cupcakes. Now there’s a new wave of excitement about an aspect of bitcoin that is a bit less sexy: public online ledgers. Blockchain — the technology …

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A New Way To Raise Money – The Initial Coin Offering

The digital currency ecosystem has had a crazy year. The Bitcoin market capitalization has grown from $11 billion on June 5, 2016 to almost $47 billion USD on June 5, 2017. Negative news during that time included a 120,000 BTC heist from Bitfinex, worth $65m then and $350m now. The …

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Did Ethereum ICO

The early history of ethereum was up for discussion at an event debuting a new Quartz video series highlighting the potential of blockchain this week. There, Quartz editor-in-chief Kevin Delaney asked one of the protocol’s co-inventors, Joseph Lubin: When ether first went on the open market in 2015, “Was that …

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How to Legitimize the ICO Market (Crypto Lawyers Take Note)

Recently, I set out to analyze the terms of various initial coin offerings (ICOs), aggregate the results and make them public. This was harder than I expected. It turns out that very often ICO terms and conditions are not publicly available immediately after the token sale is completed. This is …

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9 Crowdfunded Blockchain Trends Replacing Your Banking Services in 2018

The blockchain – a decentralized digital transactions ledger – sounds boring next to the trendy products grabbing the attention and wallets of the crowdfunding folks. You may be more familiar with its high intrigue sub-theme as the platform for cryptocurrencies, led by Bitcoin, aiming to disintermediate the global monetary system. …

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How To Identify and Invest in Profitable Cryptocurrencies

The best time to buy was 10 years ago, the 2nd best time to buy was yesterday. This is a common situation that you will probably encounter soon in your day to day life; you could be talking about investments with friends and colleagues and the moment you start talking …

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ASIC weighs in on initial coin offerings

The Australian Securities and Investments Commission (ASIC) has published guidance on the legal responsibilities of Australians when it comes to conducting, or investing in, initial coin offerings (ICO). An ICO is a form of internet-based crowdfunding that can be a source of capital for startups. In return for investor cash, …

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ASIC releases guidance on initial coin offerings

The Australian Securities and Investments Commission (ASIC) has released INFO 225 Initial coin offerings to offer guidance on the potential application of the Corporations Act 2001 (Cth) to businesses seeking to hold an initial coin offering (ICO). This guidance notes that the Corporations Act applies regardless of whether the ICO …

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Bitcoin’s Collapsing … but There’s a Much Safer Digital Currency

I believe in bitcoin. It’s a solution to a real problem seen in all paper currencies: inflation. Over time, governments end up destroying your savings through inflation. That’s true in every currency. Dollars. Euros. Francs. Pounds. That’s because the cost of printing money is less than the value that it …