'Cash crunch' deals blow to Ann Arbor solar program, residents upset


“We’ve developed a cryptocurrency token, Zydeco, planned for release later this year in an Initial Coin Offering (‘ICO‘),” the crowdfunding page states. “Each token will represent a watt of potential solar capacity. The purchase price of tokens will be applied to the development of solar projects. When the …
‘Cash crunch’ deals blow to Ann Arbor solar program, residents upset

Blockchain Startup Centra Tech Faces Class Action Lawsuit Over $32 Million ICO


A class action lawsuit has been filed against Centra Tech over an initial coin offering (ICO) that raised $32 million last month. Centra Tech claimed to have developed platforms that connect world commerce and cryptocurrenicies. According to the company, the funds will be used for the creation of “the …
Blockchain Startup Centra Tech Faces Class Action Lawsuit Over Million ICO

You Need to Hear the SEC's Warning on Cryptocurrencies and ICOs


We’ve also seen an explosion of initial coin offerings, or ICOs, a relatively new fundraising mechanism for start-ups. … For example, Brad Garlinghouse, CEO of Ripple — the fourth largest cryptocurrency — told CNBC, “I think a lot of what’s happening in the ICO market is actually fraud,” pointing out that …
You Need to Hear the SEC’s Warning on Cryptocurrencies and ICOs