CoinDash Says Hacker Stole $7 Million at Initial Coin Offering

· Bloomberg ·

1 min read Original article ↗

Does this support the notion that there’s a bubble in digital currencies and initial coin offerings?

CoinDash, a blockchain technology startup that bills itself as a social-trading platform, said that its website was hacked Monday and $7 million was stolen from investors trying to participate in the company’s initial coin offering.