Stop the thief! USD 500 million were taken from Coincheck's digital wallets.
This Newsletter focuses on ICOs. Early 2018 you will see one ICO which will change your perspective. It will be a USD 1.2 billion issuance!
But before we go there you need to know that a couple of days ago we saw the biggest successful attack on a cryptocurrency exchange. USD 500 million were stolen from an exchange located in Japan. To be clear, the exchange and their lack of proper internal security systems cause the issue. The currency itself was not hacked - a pattern seen many times in the past. This incident stresses again the iron rule of investing in cryptocurrencies: After you bought your coins immediately transfer your purchased coins from the exchange to your private wallet. A wallet where you control your private key! Exchanges are a honeypot for hackers.
Now lets go back to ICOs.
2018 is the year of ICOs - why?
Lets look at some 2017 data. And if you think ICOs can't keep up with IPOs you will be surprised:
Look at the excellent ICO report from PwC and Crypto Vally (Zug in Switzerland - yes I know it's not California)
Robin Hood is back!
We have even more information about messaging app Telegram's plans for cashing in on its popularity within the crypto community with the massive ICO for its..
Japanese exchange Coincheck has confirmed that about $533 million-worth of cryptocurrency has been stolen from its digital wallets.
ICOs ended 2017 on a high by raising more than one billion dollars ($1.2B) in December, bringing total capital raised to $5.6B.
Strategy&, PwC’s strategy and consulting division, in collaboration with the Crypto Valley Association (CVA), a not-for-profit established to foster the growth of the blockchain ecosystem in Switzerland, have launched the first of what will be a quarterly report on Initial Coin Offerings (ICOs). The report offers a comprehensive overview of ICO activity globally and in Crypto Valley; offers insight into emerging regulatory developments; and takes a look at what the future holds for this space.
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those
2017 has gifted us with spectacular token generation events (TGEs): the amount of money raised through this new form of venture finance…
Robinhood Financial LLC, which makes a popular free stock-trading app, is getting into cryptocurrency. The move gives fellow financial-technology startup Coinbase Inc. a new competitor.