• Fireblocks launches Asset Transfer Network
    Technology

    Targeting institutions, Fireblocks launches Asset Transfer Network

    The digital asset transaction platform connects financial institutions and exchanges, streamlining transfers, eliminating middlemen, and securing transfers

    Backed by Fidelity, Fireblocks is designed to transfer assets transparently, quickly, and securely on-chain, the company said. It currently supports more than 200 cryptocurrency tokens, moving $9.2B in digital assets each month.

  • ICO white paper
    Cryptocurrencies,  Innovators,  Opinion,  United States

    Why most ICOs will fail

    A long chat with the team from Monetago, a blockchain company that never did—and will never do—an initial coin offering

    Almost every day, I get an email about a hot new initial coin offering (ICO). These come from tech companies selling their future services. In my stock portfolio, I’m happy to find anything that can give me 10 percent return over the course of a year. These days you can measure a crypto portfolio in 2x, 3x, or even 10x (as in, 1,000 percent). But lately, all this good news has been bothering me. The financial magic works like this: imagine if someone builds a casino in your neighborhood and they fund the entire operation by selling their poker chips ahead of time. With that money, they will pay for…