Beijing’s Municipal Bureau of Finance chief, Huo Xuewen, has advised projects considering a security token offering as a means of fundraising, stating that security token offering (STO) fundraising is currently illegal in Beijing. At a wealth management forum on Saturday, he commented on the replacement of ICOs with the new concept of STOs, saying they
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Ethereum development studio ConsenSys, the New York-based blockchain startup, is restructuring as part of a move to streamline its business amid the crypto bear market. ConsenSys CEO Joseph Lubin, the co-founder of Ethereum, made the announcement in a company letter. “We must retain, and in some cases regain, the lean and gritty startup mindset that made
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Zilliqa, the scalable, high-performance blockchain for hosting decentralized applications, announced today that public mining for testnet ZILs on testnet v3 is now available. Last Friday, the Zilliqa team announced the launch of testnet v3,…
Dmitri Alperovitch, immigrant co-founder and chief technology officer of CrowdStrike Inc., at a Milken Institute Global Conference in California. One wonders how many Silicon Valley startups would never have got off the ground if local bars and restaurants didn't have napkins.
