Lambos, literally

This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real 

CoinDesk Daily is sponsored by  June 21, 2018 "People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year." – Peter Drucker Got this from a friend? SUBSCRIBE HERE THE FEATURE This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real So much so it seems that a startup looking to release movies – early offerings include a biopic about the founder of the car company and his feud with the founder of Ferrari – has raised a whopping $575 million off its private sale of TTU crypto tokens from investors including BlockTower Capital and even a prince. With that, the startup, called TaTaTu, has raised the third largest round ever using the initial coin offering (ICO) model – surpassed only by EOS and Telegram, according to data from CoinDesk's ICO Tracker. If that sounds crazy – such a huge raise by a company called TaTaTu with no history in the crypto space – you wouldn't be alone. Even one of the project's backers admits that the news, announced today, will catch many off guard. Read more Tweet Share ⭐ CoinDesk Weekly Sponsor ⭐   Your Data. Your Life In the current system, your personal data is sourced, held, used and swapped by third-party providers. The Pillar Project is an ambitious project to return ownership of personal data to you. We do this through decentralized blockchain technology, starting with a token wallet. Learn More Wait, there's more: Cheetah's New App Lets Crypto Investors Track Portfolios on the Go Beijing-based app developer Cheetah Mobile is releasing an app that lets investors monitor cryptocurrency portfolios over multiple platforms. This $575 Million ICO With Royal Backing Is So Crazy, It Might Be Real A video-on-demand service that shares ad revenues with viewers and creators has raised more than half a billion bucks in a private token sale. New Resistance Could Cap Bitcoin's Upside Price Potential Bitcoin's bulls are struggling to force a rally, despite a still-favorable short-term set-up on the technical charts. Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum. St Louis Fed Now Tracks Crypto Prices on Its Research Database The St. Louis Federal Reserve Bank is now tracking the prices of four top cryptos in its economic research database, FRED. National Chinese Science Academy Launches Blockchain Lab China's federal science institution, the Chinese Academy of Sciences, is eyeing blockchain technology, the school announced this week.  Bloomberg Terminal Adds Huobi's Cryptocurrency Market Index The Huobi Pro exchange has announced that Bloomberg now provides the HUOBI10 crypto market index on its terminal service.  Amid Crypto Bear Market, Attention Turns to Small-Time Investors When it came to crypto, the focus was on retail investors – not only on protecting them but also on giving them a chance – during CB Insights' event. Winklevoss Brothers Score Another Crypto Investment Patent Tyler and Cameron Winklevoss, the founders of the Gemini cryptocurrency exchange, just won another crypto-related patent. Crypto Cries Foul In Wake of Tether's Dollar Token Report Tether announced its tokens are fully-backed by real cash according to a third-party review but the crypto community doesn't seem convinced. Trump Official Argues for 'Sweet Spot' in Crypto Regulation The U.S. government needs to develop reasonable regulations around the nascent cryptocurrency space, said OMB director Mick Mulvaney. House Rules Politicians Must Disclose Crypto Investments Above $1K Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000. Robinhood CEO: It's 'Very Foolish' to Rule Out Bitcoin More than a million people signed up to trade cryptocurrencies after Robinhood first announced the feature, co-CEO Vlad Tenev said Wednesday. Enigma Protocol to Integrate Smart Contracts Tech With Intel Systems Smart contracts project Enigma will use Intel tech to help secure one of the first public blockchains utilizing privacy-preserving "secret contracts." The SEC Just Froze One ICO's Accounts for a Second Time The SEC is once more taking action against a co-founder of the PlexCoin ICO project, having already sued him over securities violations and fraud. Singer Akon Announces Cryptocurrency and Plans for Real-Life 'Wakanda' Add Akon to the list of celebrities who are launching their own cryptocurrencies. Tether Review Claims Crypto Asset Fully Backed – But There's a Catch Tether has finally produced a third-party report proclaiming that its cryptocurrency, USDT, is fully backed by U.S. dollars – with some big caveats. Brazil's Central Bank Plans Blockchain Data Exchange for Regulators Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities. Bitcoin Price Steady Above $6K Despite Bithumb Hack Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked. A UK Exchange Is Launching Litecoin Futures Trading A month after listing ethereum-based futures for trading, U.K exchange Crypto Facilities is now launching a derivative product for litecoin. Go to CoinDesk We're taking Consensus on the road      Join us on September 18-20 at the Marina Bay Sands in Singapore for the first international Consensus event.  We're excited to join TechXLR8 Asia and their multiple events, including IoT World Asia, 5G Asia, the AI Summit and more.  Get your ticket to Consensus: Singapore or the full TechXLR8 experience and join us in September. Register now.  BTC: $6,729.90   -0.42%  ETH: $535.97   -0.13% 8:36 AM EST - More price details 👋 JOBS IN BLOCKCHAIN 👋 Thinking of joining the blockchain sector? Already here, but looking for a change? Check out CoinDesk's careers board for opportunities in companies of all sizes, covering a range of areas and expertise.  Copyright © 2018 CoinDesk, All rights reserved. You're receiving this email because you subscribed for updates on our website. Our mailing address is: CoinDesk 636 Avenue of the Americas New York City, NY 10011 Add us to your address book Want to change how you receive these emails? You can update your preferences or unsubscribe from this list