ICO Wrap – Initial Coin/Token Offering News Summary for May 23, 2018

ICO News | May 23, 2018 By:

Three Things Investors Should Look Out for When Vetting an ICO

Initial Coin Offerings (ICOs) are growing every day. In 2018 alone, there have been over 615 ICOs, raising an astounding $3.9 billon. While cryptocurrency still may be an unregulated space, investments in it can be quite lucrative. Because of this, there are important things every investor should look out for when vetting a potential ICO opportunity to ensure their capital is being used for the intended purpose.

Blockchain Startup ShipChain Hit With Cease And Desist Order In South Carolina

The South Carolina Attorney General’s Office has issued a cease and desist order against blockchain startup ShipChain for allegedly violating the state’s securities statutes.