After raising $25M in XRP, Omni lets you earn it renting stuff out0.01

    “I think any company scaling today has to have a crypto strategy. This is the start of ours,” Omni founder and CEO Tom McLeod tells me. His on-demand property storage and rental marketplace raised $25 million in XRP coins back in January in what some saw as an opportunist move to capitalize on the cryptocurrency boom. That industry has since gone bust, and XRP is in the cross-hairs of regulators who may classify it as a security with extra restrictions.

    Blockchain media startup Civil is issuing full refunds to all buyers of its cryptocurrency0.01

    Many doubted The Civil Media Company‘s ambitious plan to sell $8 million worth of its cryptocurrency, called CVL. 

    The skeptics, as it turns out, were right. Civil’s initial coin offering, meant to fund the company’s effort to create a new economy for journalism using the blockchain, failed to attract sufficient interest. The company announced today that it would provide refunds to all CVL token buyers by October 29.

    Three Major Projects with Shockingly Little Activity0.01
    “Build it and they will come” has unfortunately proven to not translate well with the crypto space. In 2017, ambitious projects raised record setting amounts of money and today, many of these projects have utilized their warchest to bring their dreams to reality. While there are a handful of major projects that have already garnered activity in the magnitude of millions, many alternatives have, so...
    Coinbase is shutting down its fund aimed at big investors as it pivots to a new retail product

    A person familiar with the matter said the index fund product failed to attract the necessary number of clients, raising less funds than the firm expected. At the time of launch, however, an executive at the firm told Bloomberg News that the company was “seeing strong demand from institutional and high-net-worth individuals.”

    Augur v20.01

    Twelve weeks after the initial deployment of Augur, we’re sharing some planned changes for the Augur protocol v2 deployment. While all these changes will be tentative up until all the code is written and audited, we’re confident in this feature list and are currently planning to develop all listed changes below.