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Loser Coin Is Winner for These Chinese Crypto Traders – CoinDesk ADVERTISEMENT It’s a truism among government officials, from the Bank of England’s governor to the U.S. Treasury secretary , that cryptocurrencies can lead to painful losses for hapless traders piling into a risky game. But a new cryptocurrency project in China named LoserSwap apparently seeks to own failure, and the concept is gaining a surprising following. Loser coin, as the associated digital token is known, comes with the trading symbol LOWB – a derogatory term when expressed in the equivalent Chinese spelling. The token works as part of a...
