Lately, there has been a massive hullabaloo due to the “concept of tokens” hitting the cryptocurrency market. The concept is very similar to that of stock exchanges which issue tokens to the investors against any assets. But wait, that’s how a standard IPO takes place, i.e., Initial Public Offerings. When...
The Wall Street Journal searched a total of 1450 ICOs and found that more than 1 in 5 ICOs showed fraudulent statements. Findings also show that they have managed to accumulate more than roughly $ 1 billion from investors. The Wall Street Journal searched a total of 1450 ICOs and...
Microsoft founder Bill Gates made an important statement about bitcoin on May 7th in an interview with CNBC. He stated that bitcoin was a "greater fool" investment. In the “greater fool” investment, one party purchases a commodity without really considering its price and sells it to someone else, who is the greater fool, with a...
Bloomberg, a famous economy channel, prepared a large file about cryptocurrencies with the data that has been gathered in the period of 16 months and shared it with its readers. The report responds to questions such as how price increases in cryptocurrencies are in parallel with swap transactions and other products. Bloomberg's...
The debate about where the crypto currencies belonged came to light during the meeting of theUS Congress and the Securities and Exchange Commission . Crypto currencies were also discussed at a meeting of the US representative committee on April 26th with Wall Street regulators. At the meeting, it was mentioned that the crypto currencies were still believed to...