A project which conducted a 2016 initial coin offering (ICO) has voted to liquidate its $64 million treasury, returning funds to investors. Project Ragnarok, a measure to return ether…
Tag: million
2019’s DeFi Boom Creates New Questions for Tax Filing Season – CoinDesk
The decentralized finance (DeFi) boom of 2019, leading to over $785 million in locked crypto assets, is already making accountants dizzy. If you lock up bitcoin or ether in…
Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash – CoinDesk
The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in tokenized securities….
Binance’s Fiat-Gateway Partner Banxa Raises $2M in Series A Round – CoinDesk
Digital banking infrastructure provider Banxa has raised $2 million in a Series A round. Led by blockchain investment firm NGC Ventures, the round also saw the ASX-listed Thorney Investment…
Narrative Watch: The Hunt for Crypto’s Killer App – CoinDesk
Starting today, accredited investors will be able to partake of $13.5 million in tokenized bonds connected to the contract of Brooklyn Nets Point Guard Spencer Dinwiddie. The first-of-its-kind offering…
Asian Conglomerates Lead $31M Round for Blockchain Remittance Firm Lightnet – CoinDesk
Lightnet, the company behind the Velo Protocol, recently raised $31.2 million in a Series A round. The funding was led by major financial and business groups including UOB Venture…
SEC Seeks $16M From ICOBox for Unregistered Token Sale – CoinDesk
The U.S. Securities and Exchange Commission (SEC) is seeking more than $16 million in penalties from ICOBox for selling “ICOS” tokens as unregistered securities. According to a filing in…
ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup – CoinDesk
One of the world’s largest exchange-traded fund (ETF) providers is leading a $17.65 million investment in blockchain compliance startup Securrency. WisdomTree was the lead investor in the $17.65 million…
Nervos Network Sets Aside $30M to Encourage Third-Party Development – CoinDesk
Nervos Network has set up a $30 million public grant fund to sponsor external developers building on its blockchain infrastructure. Announced Thursday, the fund will pay developers in cash,…
Hamstringing an Industry With Compliance Costs – CoinDesk
Between Kraken’s $1 million spend on subpoena responses in 2019 and stories like the $2 million it cost Blockstack to raise $23 million in an SEC-compliant token sale (8.7…