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In the wild west of cryptocurrency, lack of regulatory presence and anonymity synergize to create an environment ripe for scammers and fraud. As such, it is up to the community to protect itself and work to eliminate these malicious actors. While far too many scammers and hackers have gone unpunished, there has been a trend … Read more
Close to $400 million USD raised from initial coin offerings have been lost or stolen, a new research has found. The embezzled funds constitute more than 10% of what had been collected for the projects covered by the study. Meeting fundraising goals is getting harder for companies conducting new ICOs. Also read: Hackers Steal $400k … Read more
While bitcoin and resurgent altcoins were claiming the headlines in December, ICOs were quietly claiming the money. From a media perspective, the summer of 2017 was when ICO mania hit its peak. That’s when several of the largest token sales concluded, raising hundreds of millions of dollars apiece. But from a financial perspective, December will … Read more
