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Initial Coin Offering Series

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ICOs (Initial Coin Offerings) have become a popular way to fund cryptocurrency projects. An ICO is an event in which a new cryptocurrency project sells part of itsthe cryptocurrency tokens to early adopters and enthusiasts in exchange for money today. ICOs provide a way for cryptocurrency project creators to raise money for their operations. Most ICOs raise money in Bitcoin or other cryptocurrencies.

Initial Coin Offering Series

Blockchain startups to launch pre-ICOs at ICO-Hypethon 2017

Aug 03, 2017 11:33 am UTC| Digital Currency

Crypto Friends is going to host ICO-Hypethon over 2 days from Aug 16th at St. Petersburgs trendy Street Art Museum. The event is supported by blockchain solutions developers Waves Platform and consultancy company...

Initial Coin Offering Series

Digital Currency Revolution

Tech Bureau announces cryptocurrency fundraising platform ‘COMSA’

Aug 03, 2017 05:53 am UTC| Digital Currency

Tech Bureau, a fintech and cryptocurrency solutions company, today announced a new platform that aims to address the existing uncertainties held by the Initial Coin Offering (ICO) process. Dubbed COMSA, the complete ICO...

Initial Coin Offering Series

Singapore's MAS to regulate ICOs if digital tokens fall under Securities and Futures Act

Aug 01, 2017 09:14 am UTC| Digital Currency

In an official statement issued today, the Monetary Authority of Singapore (MAS) has clarified that it will regulate the offer or issue of digital tokens if they constitute products regulated under the Securities and...

Initial Coin Offering Series

Blockchain startup Tierion raises $25M in token sale

Jul 31, 2017 05:47 am UTC| Digital Currency

Blockchain technology company Tierion has raised $25 million in its token sale which ended on 28 July 2017, much before its slated concluding date August 10th. The Tierion token sale is complete. Thank you...

Initial Coin Offering Series

The Drive of the Fintech: A conversation about the industry trends with a Norway-born founder of a startup in Singapore

Jul 27, 2017 08:37 am UTC| Digital Currency

The Asian Silicon Valley, Singapore currently pursuing the blockchain adoption in many public and private institutions, attracts lots of ambitious entrepreneurs to launch their Fintech companies on its ground. With many...

Initial Coin Offering Series

Federal securities laws may apply to blockchain-based ICOs and token sales: SEC

Jul 27, 2017 04:22 am UTC| Digital Currency

In a new investigative report, the Securities and Exchange Commission has stated that Initial Coin Offerings or Token Sales, which involves offers and sales of digital assets by virtual organisations using blockchain or...

Initial Coin Offering Series

Blockchain Revolution Series

Fenbushi Capital to participate in blockchain firm Tierion’s token sale

Jul 24, 2017 05:54 am UTC| Digital Currency

Blockchain technology company Tierion has announced that Fenbushi Capital has made a commitment to participate in its upcoming token sale. Fenbushi Capital, a Chinese VC fund dedicated to supporting companies building...

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Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...