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Bittrex Suddenly Cancels its First IEO

Source: iStock/nickylarson974 Cryptocurrency exchange Bittrex International cancelled the initial exchange offering (IEO) of the RAID token after gaming analytics company OP.GG terminated its strategic partnership with the South Korean startup RAID. According to Bittrex, this partnership was a "vital part of the RAID project," which aims to reward gamers for sharing data. "When Bittrex International became aware of this significant event, we did not feel that it was in the best interest of our customers to move forward with the IEO," the exchange said. Bittrex International has cancelled the initial exchange offering (IEO) of the RAID token. We apologize for the inconvenience, but also wanted to provide a more fulsome explanation to our users. https://t.co/2pbaZ2X9Dp p...