ICOS ON ICE: At Republic Crypto’s one-day summit, panelists tackled a question that’s been whispered around the market – are ICOs over? Token sales have dropped over the past few months, and fundraisings did not even break $1 billion in July.
The panelists and attendees gave a spectrum of answers and reasons for the slowdown. According to Nelson Chu of Cadence, "It's died not because of any other reason other than companies are running afoul of regulators." Full Story
HEAD IN THE CLOUDS? Sunny King, the pseudonymous developer who pioneered proof-of-stake six years ago, has devised a new version of the consensus mechanism that he claims is even more scalable.
Known as supernode proof-of-stake (SPoS), the new method makes use of specialized hardware, something devs usually want to resist because of its often-centralizing effects. The idea’s received a cool reception, with many calling King’s project poorly defined and warning against investing in it. Full Story
M&A: Crypto payments firm Wyre has acquired Hedgy, a smart contract development company, for an undisclosed price.
Hedgy's platform, which was built on top of bitcoin, will help Wyre to create a derivatives software product that's compliant with regulations, the company said. Full Story | 
