New risk assessment research into cryptocurrency investing has arrived at an unsurprising (if finally quantifiable) conclusion: Over 10 per cent of all funds raised through initial coin offerings (ICOs) has vanished into thin air.
Tagged With initial coin offering
China recently banned initial coin offerings (ICO) and briefly paused the seemingly unstoppable price increase of bitcoin. But the cryptocurrency has already bounced back. With the likes of Paris Hilton, Kim Dotcom, and John McAfee all jumping into the ICO world in one way or another, it seems worth asking what the hell this whole thing is about.