The Japanese cryptocurrency exchange Zaif has announced the theft of an estimated $60 million worth of digital currencies, highlighting once again the frailties that still loom over the industry. As our chart shows, this wasn’t the first such ‘heist’ and it certainly …
Read More »Cryptocurrencies: The future of financial management
Every now and then a technological revolution comes in that provides almost every country in the world an equal playing field. No matter how big or small a country is, it always has the opportunity to leap ahead irrespective of …
Read More »Bitcoin’s rollercoaster ride reflects the biggest issue facing cryptocurrencies: regulation
The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other large currencies such as Ethereum and Ripple down more than 40%. So where does this latest bout …
Read More »Rise of cryptocurrencies could curb American power
There has been a lot of talk in foreign policy circles of the coming post-American world – in which the international system will transition from a unipolar to a multipolar system. But, as we currently stand, the US remains unquestionably …
Read More »Rise of cryptocurrencies could curb American power
There has been a lot of talk in foreign policy circles of the coming post-American world – in which the international system will transition from a unipolar to a multipolar system. But, as we currently stand, the US remains unquestionably …
Read More »Why accountants of the future will need to speak blockchain and cryptocurrency if they want your money
If you haven’t already heard of Bitcoin, you either haven’t been paying attention or you’re a time traveller who just touched down in 2018. Because by now, most of us will have heard of Bitcoin and some of us have …
Read More »The future of cryptocurrencies? The view of two experts
Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies …
Read More »Cryptocurrencies plunge broadly as bitcoin facing biggest weekly fall
Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since December 2013, amid worries about a regulatory clampdown globally. The currencies have come off their lows but analysts said the …
Read More »Why unregulated cryptocurrencies could trigger another financial crisis
The price of bitcoin hit $17,000 late last year and – although the cryptocurrency has plunged since then – there are signs that an absence of regulation can hurt investors and trigger the next financial crisis. Despite the laudable blockchain …
Read More »How Bitcoin futures trading could burst the cryptocurrency’s bubble
A new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10. Such was the euphoria among early investors that trading was …
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