Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: Initial Coin Offering
ICO vs. STO – Understanding the Differences
As a savvy blockchain investor, it's smart to understand the differences between an ICO vs. STO. Recently, there has been a lot of hype surrounding STOs and their ability to service institutional clientele. Here is how these unique financial instruments came to be and why so many analysts see them as the evolution of Initial Coin Offerings (ICOs). What is an ICO? - ICO vs. STO The first step in this journey is to understand precisely what an ICO is…
2 years ago 566
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Effective Ways to Identify Initial Coin Offering (ICO) Scams
Over the last few years, the cryptocurrency market has been tremendously growing, especially since the 2017 bitcoin bubble. Today, there are over 6000 cryptocurrencies, and investors are even using digital monies as capital for startups. The phenomenon, Initial Coin Offering (ICO), whose popularity has been growing fast, involves raising capital for new blockchain projects by selling underlying crypto tokens. The process is similar to Initial Public Offerings (IPO), although ICO is unregulated. Its freedom from regulation makes it a perfect option…
2 years ago 665
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The Beginner’s Guide to Life Cycle Of an Initial Coin Offering (ICO)
Whenever anyone talks about ICO financing, every crypto enthusiast recalls when Ethereum was launched in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. Although Ethereum was not the first ICO project, since its launch, there has been an upsurge in ICOs. A Fundera report shows that since 2014, ICOs have raised a cumulative total of $22.5 billion for new projects. The same report shows that…
2 years ago 1.2 k
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