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Tag Archives: ICO

98% of ICOs are Doomed to Fail?

Jan 25, 2018

conniewang

“98% of ICOs will fail .” Yibo Shao, a well-known venture capitalist in China, said. As blockchain and cryptocurrency fever gets hotter, Yibo Shao(also known as Bo Shao) shared his own views over this hype on the Wechat Moments last week. The overwhelming majority of ICO(I...

Another ICO Scam Alert: This New Token Sank 90% After ICO

Jan 22, 2018

conniewang

A new cryptocurrency HPS sank as much as 90% of its ICO price after it got listed on a bitcoin exchange. A promising blockchain project or another ICO scam? “After my investigation, It is certainly a fraud.” A veteran crypto trader claimed on his Weibo account on January 22. ...

60% Trade Cut: Chinese Exchange Delists NEO, Others

Sep 7, 2017

Olusegun Ogundeji

One of China’s top digital currency exchanges has announced it is delisting 13 of the 20 digital assets that trade on its platform. Yunbi, which ranks behind OKCoin and Huobi only in China as the top exchanges, cites the brewing initial coin offering (ICO) ban by the Chinese governm...

China ICO Ban: Arguments

Sep 7, 2017

Olusegun Ogundeji

From now on, no organization or individuals in China would be allowed to raise funds via an initial coin offering ICO as they have “disturbed the economic and financial order seriously” according to a regulation document confirmed by Caixin  on September 4. ICOs are meant to provide st...