• Prominent VC Investor: Be Aware of ICO Pump and Dump Schemes

    Prominent VC Investor: Be Aware of ICO Pump and Dump Schemes

    Jason Calacanis, a highly regarded venture capital investor who has invested in 150 successful technology startups such as Uber, Evernote, and Swell cautioned investors in the cryptocurrency sector in regards to initial coin offering (ICO) pump and dump schemes.

Bitcoin Has ‘Unquantifiable Risk’: UBS Investment Chief

Bitcoin Has ‘Unquantifiable Risk’: UBS Investment Chief

The world’s largest wealth manager says it does not plan to invest in bitcoin or other crypto assets due to the absence of government oversight and the lack of a clear exit strategy.