ICO
Wala Was Africa's Perfect Crypto Success Story – Until It Collapsed
Wala went from serving customers in Uganda to shuttering its payments app. Here's what sources say happened.

A Wannabe Netflix Raised $575 Million on Ethereum – Then Ditched Crypto
From yachting with Selena Gomez to doling out TaTaTu tokens to movie stars, one producer's road to Hollywood was paved with ICO excess.

NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch
Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot
Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.

John McAfee Says He Is Launching His Own 'Freedom' Cryptocurrency
Like Seinfeld, the McAfee Freedom Coin is a token about nothing.

Banks Can't Snub Crypto Startups Thanks to France's New Blockchain Law
France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

Police Freeze Accounts, Seize Luxury Cars in Probe of ICO Promoter Vanbex
Canadian police have frozen assets of the founders of Vanbex, as part of a fraud probe into the firm's $22 million ICO.

Security Token Startup Templum Shifts to Private Blockchains
Security token specialist Templum is shifting from public to private blockchains through a new partnership with enterprise vendor Symbiont.

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales
A CoinDesk investigation reveals that health startup Doc.com has used overstated claims to gin up investor demand.

Employees Say Startup Civil Hyped Crypto Returns, But Failed to Pay
Civil was supposed to create a more transparent and democratic model for journalism, but so far, journalists working on its platform have yet to receive all of the compensation they say they were promised when hired.
