Blockchain 

Liechtenstein Approves DLT Public Offering with Porsche-Backed Firm

German crypto investment startup Neufund launches its blockchain-enabled public offering platform featuring a Porsche-backed firm as the first issuer. 10 euro minimum investment  Within the first offering on Sept. 16, Neufund’s platform will be used by mobility firm Greyp, company backed by sports car giant Porsche, Camel Group and T-mobile, according to a press release shared with Cointelegraph today. Neufund’s platform has acquired clearance from the Financial Monetary Authority in Liechtenstein to host public offerings with a minimum investment of just 10 euro, enabling high accessibility to investors. Firms from…

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Cryptocurrency 

Blockstack Raises $23 Million USD in First Regulated Token Offering

Blockstack has raised $23 million USD in the first-ever token offering approved by the US Securities and Exchange Commission. Blocskstack PBC, which is a decentralized computing network aiming to antiquate data breaches and trust violations, first announced the token sale in July, having received SEC approval to raise up to $28 million USD in a Reg A+ compliant offering. The breakdown of the token offering consisted of $15.5 million USD raised through the sale of  74.3 million Stacks tokens through its Reg A+ sale in the US, and an additional…

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Bitcoin 

VanEck Now Offering Bitcoin Financial Product for Institutional Investors

The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC on Sept. 11, Van Eck said that the product offered by the firm is a broker-traded fund and is currently not available to the public, but to institutional investors only. Van Eck further specified that it will trade over-the-counter and will not trade on a national securities exchange. The broker-traded fund is called VanEck SolidX Bitcoin Trust 144A…

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Blockchain 

First-Ever SEC-Qualified Token Offering in US Raises $23 Million

Blockstack PBC, a decentralized computing network, announced that it managed to raise more than $23 million in the first-ever U.S. Securities and Exchange Commission (SEC)-approved token offering. Participation from U.S. retail investors Muneeb Ali, co-founder and CEO of Blockstack PBC wrote in a blog post on Sept. 10 that the blockchain-based startup Blockstack has raised more than $23 million in token offerings, which include its SEC-qualified token offering and its offering to investors outside the United States. Retail investors in the U.S. were able to partake for the first time…

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Blockchain 

US Department of Commerce Offering 6-Figure Salary to Crypto Expert

The United States Department of Commerce is looking to hire a computer scientist specializing in blockchain and identity management. According to a job listing from Aug. 9, the federal agency is seeking someone with at least one year of specialized experience in developing blockchain infrastructure and conducting research into blockchain technologies, crypto ledgers and crypto contracts.  Focus on identity management and crypto tokens The Department of Commerce’s listing hints at the future hire’s duties and responsibilities in general terms, revealing only that they will be tasked with research and development…

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Ethereum 

US SEC Approves Blockstack Token Offering Under Regulation A+

The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to a report by The Wall Street Journal (WSJ) on June 10. Blockstack will reportedly launch its token offering online tomorrow, July 11. While other firms have previously taken advantage of Regulation A+ funding, this marks the first time that investors will receive a token, rather than shares in the company. Regulation A+ is an initial public offering (IPO) alternative geared towards startups…

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Blockchain 

Microsoft to Collaborate With Icertis in Enhancing Blockchain-Based Contractual Offering

Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the transparency and efficiency of contractual frameworks using smart contracts technology. The Icertis Blockchain Framework offers a blockchain-powered solution to track contractual requirements and commitments, improving the quality of collaboration and accountability. The tool aims to solve various problems associated with contractual arrangements on the supply chain, including combating…

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Bitcoin 

Ampleforth Raises $5M in 11 Seconds in Tokinex Exchange Offering

Ampleforth has raised $4.9 million in 11 seconds in its AMPL token sale, according to an announcement on June 13. The initial exchange offering (IEO) was the first to take place on Ethfinex and Hong Kong-based crypto exchange Bitfinex’s Tokinex platform . An IEO is an alternative to an initial coin offering (ICO) in which a centralized exchange is responsible for vetting the token projects and investors, and then subsequently conducting the initial sale of the token. This IEO, ran by Tokinex, reportedly sold off 10% of Ampleforth’s total token…

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Ethereum 

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns

An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20. The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of 3 ether (ETH) (worth about $800 at press time) for every 1,000 people who click on it. But according to a security researcher who goes by the nickname Frost on Twitter, the app is a…

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Bitcoin 

Crypto Exchanges Bitfinex and Ethfinex Jointly Launch Initial Exchange Offering Platform

Major cryptocurrency exchange Bitfinex and its spin-off Ethfinex have launched a new initial exchange offering (IEO) platform dubbed Tokinex. The news was revealed in a press release shared with Cointelegraph on May 21. As reported, IEOs have recently emerged as an alternative model of token offering wherein a centralized crypto exchange acts as a form of underwriter. The exchange, besides operating the sales, ostensibly vets both the projects themselves and prospective investors. Tokinex will reportedly use Know Your Customer (KYC) checks powered by the Blockpass mobile app for each sale…

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