Tag: Cryptocurency ICOs

How Legitimate Blockchain Companies Can Repair ICOs’ Negative Image

With Vitalik Buterin declaring that 90 percent of all ICOs will fail, investors are feeling far from confident. In an unregulated landscape peppered with scam artists, hackers, and evil deeds, it’s no wonder the ICO fundraising mechanism has gotten a bad rap. EY research shows that over 10 percent of all ICO funds have been stolen so far. So, what happens to the legitimate blockchain companies being tarred with the same brush? …
[Read More]

UK’s Financial Conduct Authority Issues Consumer Warning on ICOs

Countries around the world have been contemplating how to best handle cryptocurrency ICOs and token sales in general. In most cases, these tokens are considered securities, subject to regulatory scrutiny. The United Kingdom is one of the countries actively keeping close tabs on these projects. Its Financial Conduct Authority (FCA) recently issued a warning on initial coin offerings, although there is no indication of impending regulation whatsoever. UK’s FCA Warns About Cryptocurrency ICOs More …
[Read More]