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Raising money through initial coin offerings

Talk to a cryptocurrency enthusiast and there's a good chance you'll hear some version of this: It feels a lot like 1999. That's not to suggest that bitcoin and its ilk are the next Webvan or Pets.com, but looking more broadly at the current trend, the analogy makes sense. While bitcoin crossed $2,000 over the weekend and is up by almost 150 percent this year, other digital currencies have rallied even more. Ether has tripled in value in the past month and Ripple's XRP is up about tenfold. In Read more [...]