Sentences with phrase «raised by the cryptocurrency»

Additionally, money raised by the cryptocurrency will help create more affordable housing.

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This is an eyebrow - raising request, since the immutability of transaction records is one of the core features of cryptocurrency, and held as sacrosanct by many supporters of the technology.

In 2017, the government bannedICOs — a way for start - ups to raise funds by selling off new digital currencies — and shut down domestic cryptocurrency exchanges.

An ICO is a means of raising capital by issuing and selling new crypto tokens in exchange for cryptocurrencies like bitcoin and ethereum.

More than 500 digital technology startups around the world have raised funds by selling their own cryptocurrencies, or tokens, that sidestep banks or venture capital firms as intermediaries.

NEW YORK, April 18 - A start - up launched by three Princeton University graduates for a new cryptocurrency has raised $ 133 million from a slew of big investors in a private placement, Intangible Labs Chief Executive Officer and co-founder Nader Al - Naji said on Wednesday.

co raised during its last private funding round in 2015 — according to recent reports by Coindesk, a cryptocurrency blog, and Axios, a media startup.

A Cryptocurrency Wallet in Apple's App Store Is Raising Security Concerns Amid Bitcoin's Frenzy By David Meyer

Initial coin offerings, a cryptocurrency - based twist on the initial public offering fundraising process, have raised more than $ 3 billion by some estimates.

The report summarizes how «middlebox» technology — created by the Canada - based Sandvine Corporation — was used to «deliver nation - state malware in Turkey and indirectly into Syria, and to covertly raise money through affiliate ads and cryptocurrency mining in Egypt.»

For all of 2017 and the first two months of 2018 at the time of writing, Crunchbase data has captured a total of 527 venture capital rounds and ICOs raised by companies in its bitcoin, ethereum, blockchain, cryptocurrency and virtual currency categories.

«I see the memo as the CFTC cautioning its employees on the ethical issues that could be raised by their trading in cryptocurrencies, encouraging them to consider and seek advice from the CFTC ethics team before trading in cryptocurrencies, noting that employees may not transact in cryptocurrencies if they have nonpublic information about them from their work at the CFTC, and advising that those who participate in CFTC dealings related to cryptocurrencies may not trade in them for conflict of interest reasons.»

As MBC customers began to raise more and more questions about the legitimacy of the cryptocurrency, the defendants allegedly attempted to double down by claiming the company had secured a deal with another cryptocurrency exchange that was not named in the CFTC statement.

That about sums up the state of U.S. token sales in the wake of new dialogue on whether the mechanism, by which startups are issuing custom cryptocurrencies to raise funds, is compliant with the law.

Powered by Amazon Web Services» infrastructure and Ethereum network, GoHelpFund is the only platform that uses cryptocurrency to raise funds on humanitarian grounds for various NGO ’s

The growth and widespread adoption of initial coin offerings (ICOs)-- a controversial crowdfunding model that allows businesses to raise capital by issuing cryptocurrencies — suggests the market still has room to grow.

The platform has raised standards in the cryptocurrency industry by being the first to adopt usage of KYC docs in its blockchain.

Lowell is also a core member of the Blockchain Technology and Digital Currency industry group where he focuses part of his practice on assisting Blockchain, Bitcoin and other cryptocurrency clients raise money by maintaining relationships with key venture capital groups and other potential investors in the industry.

ICOs allow startups to raise money by issuing their own cryptocurrencies.

ICOs raise funds from the public using virtual currency (cryptocurrency) in exchange for their holders receiving proprietary coins or tokens related to a specific venture or project underlying the ICO, such as rights to profits, shares of assets, or rights to use certain services provided by the issuer or voting rights.

Not wanting to lose control of their company to investors, the founders have decided to raise capital by issuing their own cryptocurrency later this year through a form of crowdfunding known as an Initial Coin Offering.

The company, which developed a popular messaging app, created a cryptocurrency called kin to be used as the application's primary transaction currency, and it announced plans to raise a total of US$ 125 million by way of an ICO.

This innovative funding method allows startups to raise money by selling tokens representing an interest in their business proposition in return for cryptocurrencies such as Bitcoin or Ether.

In an ICO, a company or group of developers raises funds by selling app tokens in exchange for cryptocurrency (eg bitcoin or ether).

Last year the country astonished the cryptocurrency world for the first time, banning Initial Coin Offerings (ICOs)-- a means for start - ups to raise funds by selling off new cryptocurrencies — and closing down domestic cryptocurrency exchanges.

Alibaba Group Holding Ltd on Monday sued a Dubai - based firm it said has caused confusion by using its trademarked name to raise more than $ 3.5 million in cryptocurrency known as «Alibabacoins.»

According to a Form D disclosure filed with the U.S. Securities and Exchange Commission (SEC) by Telegram founder Pavel Durov on Thursday, the funds raised were «purchase agreements for cryptocurrency.»

The ban applies to ads that promote cryptocurrencies and exchanges, as well as initial coin offerings, which allow companies to raise money by selling virtual currency.

The doors have closed on two more cryptocurrency exchanges in Japan following investigations by the country's Financial Services Agency — raising questions as to whether or not most exchanges will be able to meet the regulatory authority's standards.

Initial Coin Offering (ICO) is an unregulated means by which a company raises funds for a new cryptocurrency venture.

Another type is represented by companies that have raised funds in cryptocurrencies during the ICO and need to start their operations.

Also known as token sales, this new fundraising phenomenon is fuelled by a synergistic convergence of Blockchain technology, new wealth, clever entrepreneurs and crypto - investors backing Blockchain - fuelled ideas that are raising funds by creating their own cryptocurrencies and offering discounted rates on digital assets before they hit the cryptocurrency exchanges — sometimes up to 40 per cent.

An initial coin offering (ICO) is a revolutionary way to raise the capital needed for new cryptocurrency projects by issuing a percentage of the initial coins supply among early - stage investors.

Definition of «Initial Coin Offering (ICO)» — An unregulated means by which funds are raised for a new cryptocurrency venture.

''... in connection with Centra Initial Coin Offering (the «Centra ICO»), Defendants raised over $ 30 million in digital cryptocurrencies by offering and selling unregistered securities in direct violation of the Securities Act.»

The total amount of funds or the value of cryptocurrencies collected should be equal to or greater than the amount mentioned by the promoters while raising funds.

The value of funds raised globally by digital coin offerings in January and February fell 43 per cent to US$ 726 million compared with November and December when bitcoin, the best known cryptocurrency, hit an all - time high just below US$ 20,000, according to data from research firm Novum Insights.

«We allege that AriseBank and its principals sought to raise hundreds of millions from investors by misrepresenting the company as a first - of - its - kind decentralized bank offering its own cryptocurrency to be used for a broad range of customer products and services.

Republic Protocol, an anticipated decentralized «dark pool» for cryptocurrency trading that raised 35,000 ETH in its public crowdsale, has been backed by an all - star lineup of cryptocurrency investors, including Polychain Capital, FBG Capital, Signum Capital, Huobi Capital and more.

To make it more complicated, Venezuela's opposition party has strongly condemned Petro cryptocurrency as a scam and also reports it as a very disorganized ICO, which brings us to notice that the buyers of Petro cryptocurrency have not received their Petro tokens yet, irrespective of the money raised by the ICO's.

ICO: An initial coin offering is a type of fundraising campaign where a high - tech project raises cryptocurrency by selling tokens, usually a new token unique to this project or startup.

ICOs, as famously known, is a way to raise money by offering digital tokens to investors in exchange of other cryptocurrencies like Bitcoins and Ethereum.

It has raised the insight of the cryptocurrency market by showing that everything can be digitalized.

LAToken (LAT), which recently raised $ 19.6 million in a token sale, wants to broaden the use of cryptocurrencies in the real economy and allow cryptocurrency holders to diversify their portfolio by getting access to tokens linked to the price of real assets.

The co-founders of a cryptocurrency project called Tezos have caused a «catastrophe» by making unfounded accusations against the president of a Swiss foundation that controls the money raised, a former board member told Reuters.

This strains credulity, as it would dwarf the amount raised by any other cryptocurrency token sale; the largest «initial coin offerings» thus far have raised at most a few hundred millions of dollars.

New research shows more than 10 percent of funds raised through initial coin offerings (ICOs) have been lost or stolen by hackers, raising questions about the credibility of the cryptocurrency - based fundraising efforts.

Multi-currency debit card provider Bonpay is off to a great start in its mission to expand the possibilities of cryptocurrency by making them simple, safe, and seamless to use, having reached its soft cap target of raising 15,000 ETH in its ongoing public token sale.

The cryptocurrency project Tezos, which set a new record in July by raising $ 232 million in an initial coin offering, is currently embroiled in a legal battle that threatens to derail the technology.

The probe is one among many other regulatory probes, being conducted by SEC, CFTC and others in a bid to regulate cryptocurrencies and stop companies from raising money via Initial Coin Offerings (ICOs) which, according to SEC, flout regulatory norms.