Almost half of last year's ICOs are already dead
The headline figure comes from Bitcoin.com, which published a survey suggesting 46 percent of last year's ICO projects are inactive or abandoned. Last month, research by EY found that over $400 million USD equivalent had been stolen from ICOs in the same time frame. The token frenzy has proven to be an interesting experiment in herd mentality; let's hope regulators find ways to incentivize long-term thinking over cash grabs.
"Abandoned Twitter accounts, empty Telegram groups, websites no longer hosted, and communities no longer tended are par for the course. A digital graveyard, complete with metaphorical tumbleweed, characterizes the crop of 2017 that decided to take the money and run."
"Based on conservative estimates of gross margin of 75 percent and operating margin of 65 percent, the analysts calculate that Bitmain made $3 billion to $4 billion in operating profit in 2017. Bernstein's U.S. semiconductor team estimates Nvidia's operation profit was $3 billion during the same period."
1/2 Announcing SegWit support on Coinbasehttps://t.co/95FXW0Ultf— Coinbase (@coinbase) February 23, 2018
Cyber Unit focuses on:— SEC_News (@SEC_News) February 23, 2018
- digital assets and initial coin offerings
- hacking to obtain nonpublic info
- intrusions into retail brokerage accounts
- threats to trading platforms
- cybersecurity controls at firms the SEC regulates#SECSpeaks18
"Reader Jianchi Chen emailed to ask a great question: 'Would it be insider trading for Kylie Jenner to buy short term out of money put options on Snap and tweet out that she's no longer using Snap?' Insider trading, as I am constantly saying around here, is not about fairness; it is about theft."
The idea that we get our information as citizens through algorithms determined by the world’s largest advertising company is my definition of dystopia.— ian bremmer (@ianbremmer) February 22, 2018
These proofs are super cool. But you should provide some proof size numbers when you compare them to zkSNARKs. If Bootle proofs were viable for more complex proofs they’d already be in use for more than range proofs.— Matthew Green (@matthew_d_green) February 23, 2018
"At the heart of Ouroboros is a way of ensuring randomness when it comes to electing slot leaders. There's a kind of lottery whereby any stakeholder can become a slot leader, but an important idea of PoS is that the more stake a stakeholder has, the more chances they have to be elected as a slot leader."
Tools & Tutorials
By popular demand: a curated list of Bitcoin developers. Please suggest additions! https://t.co/LfBo9Oo128— Jameson Lopp (@lopp) February 23, 2018
Look for the "Subscribe" link on our site to receive curated news, delivered daily or weekly to your inbox.
Image courtesy of Wikipedia.