It has been a testing year for ICOs. Market conditions have made launching a tokensale more challenging than a year ago, when even the most ludicrous project was virtually guaranteed a $10 million raise. Several of 2018’s most successful ICOs, based on millions raised, have degenerated into its most disastrous, after plotting a journey from […]
The post Fomo Then Failure: A Post-Mortem of 2018’s Worst ICOs appeared first on Bitcoin News.
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Once upon a time initial coin offerings were open to everyone. That time was last year, and since then gaining entry to ICOs has become increasingly difficult. In response to regulatory attention from the SEC, crypto startups have begun to perform due diligence on aspiring investors. Thanks to onerous KYC requirements, the pendulum has swung […]
The post KYC Requirements Are Making ICOs Riskier, Not Safer appeared first on Bitcoin News.
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The Bee Token, 2018’s most eagerly anticipated and oversubscribed ICO, has had a disastrous start to its crowdsale. Over 100,000 people had applied to be whitelisted, and the anticipation in the group’s Telegram channel was palpable. The moment the public sale launched on Monday, everything fell to pieces as phishing emails successfully stole over $400,000 […]
The post The Bee Token Crowdsale Stung by $400k Phishing Scam appeared first on Bitcoin News.
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