Blockchain

Zwoop bites the dust following cancellation of ICO

Zwoop, an e-commerce startup tapping blockchain tech that was backed by billionaire Robert Friedland, has gone into administration, The Telegraph reports.

The venture announced plans to launch its initial coin offering (ICO) in August last year. Shortly afterwards, however, it said that the ICO would be suspended until further notice, due to legal issues.

 

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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Scott Thompson
6 years ago

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