Amy Castor

Civil Will Launch Another ICO, Tells Distributed It Has “Put a Number of Explicit Checks in Place to Prevent Speculators”

Distributed Summary:

  • Civil to offer CVL tokens with “no hard cap” until 34 million are sold
  • In response to regulatory questions, CEO tells Distributed: “We’ve put a number of explicit checks in place”
  • Second ICO follows controversy around journalist compensation

ConsenSys May Be Making More Substantial Layoffs

ConsenSys, a venture studio for Ethereum-based projects, is planning to spin off most of its startups — and that may mean laying off 600 or more of its 1,200 employees, according to The Verge.