Are you scratching your head over the cryptocurrencies craze? A few players in the growing industry around digital currencies are trying to help, as bitcoin BTCUSD, -0.39% keeps setting records. They were asked to sound off on what people are getting wrong, while taking part in a “Making Sense of the Crypto Frenzy” panel discussion at last week’s Finance Magnates London Summit 2017. Below are some responses that panelists gave: • “If you just take a quick look across the news, you will find lots of things about people using bitcoin and these other currencies for illicit means. There’s obviously a bit of a problem with that still going on today, but I think it’s changing very, very quickly. ... There’s a lot of really smart people and a lot of very sophisticated players and institutional people from established industries that are coming into the space to legitimize it. It’s happening now. It’s happening a lot quicker than I think people realize.” —Matthew Miller, COO of Shift Markets • “One of the biggest things we see is people fail to disconnect the blockchain-technology piece from the actual cryptocurrency. I think it’s very important to make that distinction.” —Rosario Ingargiola, CEO of OTC Exchange Networkvia