![]() ![]() The tokens could not be converted into other currencies. Several initial coin offerings (ICOs), which became popular in the aftermath of a runup in cryptocurrency prices, were actually scams in which private developers sold worthless tokens for hypothetical networks. Virtual currencies can be subject to scams. ![]() At trading exchanges, cryptocurrencies also have custody costs. For example, cryptocurrency users are required to store them in digital wallets. Though they do not have manufacturing or physical storage costs, virtual currencies have other associated expenses.There have been several cases of hacking blockchain networks for cryptocurrencies, a form of virtual currency. Virtual currencies are attractive targets for hackers.
0 Comments
Leave a Reply. |