Time and again, we see launches that copy a previously successful coin -- “coin x is the new Bitcoin,” for example. People will generally trust a coin or token thanks to the underpinning blockchain technology, the decentralized cryptographic ledger systems on which this industry is built. Examples include USD Coin and Tether, both of which are equivalent to $1. Losses more foul than fairMany investors have lost money through scams in the crypto world. One other alarming case was that of Gerald Cotten, the 30-year-old founder of Canadian cryptocurrency exchange Quadriga, who died a year ago.

Source: Dhaka Tribune November 28, 2019 03:00 UTC