Initial Coin Offerings (ICOs) in Germany has recorded alarming losses, with falls of 90 per cent for investors being reported.
According to German website WirtschaftsWoche, as of the start of September investors have lost up to 90 per cent of their money due to falls in the value of coins such as Bitcoin and Ethereum. Only eight startups based in the country have completed an ICO.
Two companies, both based in Berlin have managed to stay steady – Neufund and Wysker – but the remaining five completed ICOs report falls of between
This post is an exerpt of an original post published on Crypto News Review. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.