The mood at a blockchain conference in Seoul, South Korea attended mostly by the Chinese crypto crowd this week was a mixture of euphoria, unease and desperation. The plummeting prices of major cryptocurrencies – Bitcoin was down roughly 35% this year – coupled with stricter government oversight and collapsed projects, is casting dark clouds over new token issuances. “The market condition has weakened significantly from the peak last fall,” said the head of a new blockchain project that is in …
Chinese Crypto Crowd Scrambles For Token Issuances As ICO Ice Age Approaches appeared first on China Money Network.