The combination of a prolonged bitcoin bear market and the SEC's crackdown on noncompliant crypto projects led to a 48% drop in ICO fundraising in Q3.
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Bear Effect: SEC Crypto Crackdown Precedes 48% Drop in ICO Funding
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I definitely see the situation of things getting a little worse before they get better. It's ok though, I don't really mind it. All new technologies are scary to the average at first, but eventually they evolve and become easier to use and understand and navigate.
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