The 8 Biggest Bombshells From the SEC’s Kik ICO Lawsuit

When Kik’s board of directors decided to support the company’s pivot to crypto, one of the board members described it as a “hail Mary pass.” It was early 2017 and the Canadian mobile messaging startup, having depleted its venture funding, was months away from firing everyone and calling it quits. The seven most promising leads […]

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Is ConsenSys Startup Token Foundry Dead or Doing Something Different?

Token Foundry set out last year to be the best platform for running initial coin offerings. The website of the ConsenSys-incubated startup said as much until as recently as January 21. Then, over the next few days, it would articulate two more missions before finally settling on a new goal: “This year we are adding new […]

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Blockchain Predictions Market Stox and Founder Sued for $4.6 Million

Israel-based blockchain prediction market platform Stox and its founder Moshe Hogeg are reportedly being sued by a Chinese investor for over $4.6 million over alleged fraud. As reported in The Times of Israel on Friday, investor Zhewen Hu claims in a lawsuit, filed in the Tel Aviv District Court on Jan. 24, that Hogeg had misappropriated some of the […]

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Playkey ICO Raises $10.5 Million for Cloud-Powered Gaming

The best video games require ever-more powerful computers to run them, but it may no longer be necessary for gamers themselves to keep buying ever-more expensive gear. Playkey, based in Russia, has built a network of servers that allow machines to offload much of the computing to the cloud, so slower machines can run high-quality […]

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