This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto […]

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Binance Exchange’s Charity Falling Short of Transparency Goals

The Takeaway: The charity arm of Binance was reportedly financed late last year by donations of at least $13 million. However, less than half of the donations made to the Binance Charity Foundation (BCF) are accounted for on BCF’s website, which shows under $6 million worth of crypto. BCF is partnering with the nonprofit AFRIpads […]

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PUBG Players Can Get Crypto Rewards for Winning Games This Summer

Crypto game marketing startup Refereum says it has secured a partnership with major Fortnite competitor, PlayerUnknown’s Battlegrounds (PUBG). The partnership will reward PUBG players with RFR tokens. The startup tells CoinDesk it is supplying the RFR tokens for the initial campaign. “PUBG has granted Refereum special access to the PUBG login system, and we’ve tightly […]

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Foam Turns to Token Grants to Build Out Decentralized Mapping Platform

Foam is accomplishing what few token issuers have: A consistently engaged community that actually uses its token beyond speculation. Following a $16.5 million token sale in 2018, the geolocation data startup has launched a token-curated registry (TCR) with about 140 monthly participants in April and a scavenger hunt that garnered 500 user contributions to its […]

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A Crypto Project That Raised $20 Million Is Caught Faking Its Founding Team

A cryptocurrency project that appears to have raised at least $20 million through a referral-based marketing scheme has been advertising false information about its team members, a CoinDesk investigation has found. Launched on Dec. 2, BHB claims to offer an ethereum-based solution for peer-to-peer lending, but by Jan. 18, local media reports were already accusing the […]

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RIP ICOs: 2019 Will Be the Year of Enterprise Blockchain Tokens

Ajit Tripathi is a partner at ConsenSys, where he specializes in global financial services business development and corporate venture strategy. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  One year ago, I wrote an article for CoinDesk in which I humbly argued that the price of ether didn’t matter and what everyone […]

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