Category: Cryptocurrency

A recent study of Bitcoin trading claimed that about 95% of all reported Bitcoin trading volume is a hoax. The transactions are mostly spoofed in an attempt to manipulate Bitcoin prices for various reasons. If that is in fact the case, does it even make sense for people to invest in Bitcoin? It’s important to […]

It’s no secret that the cryptocurrency boom that catapulted Bitcoin past $20,000 a couple years ago brought quite a few investing neophytes into the cryptocurrency ecosystem. At a time when prices seemed to be doubling every month, it seemed that the sky was the limit and that all you had to do was buy Bitcoin […]

For weeks Bitcoin traded in a fairly narrow price range. The $4,000 barrier was an upper bound that Bitcoin had only periodically breached but which was an important one psychologically. Bitcoin needed to be able to smash through $4,000, and then there was no telling how much more it would appreciate over the course of […]

One of the advantages of Bitcoin that appealed to many first adopters of the technology was the fact that it had no central authority. The only central entity was the protocol itself, which was used by miners, consumers, and investors across the globe. That meant that no single entity could create new bitcoins out of […]

A recent report commissioned by the United Nations Security Council has indicated that North Korea has been behind many major hacks of cryptocurrency exchanges. The regime sees cryptocurrencies as a means of evading Western sanctions, as their quasi-anonymity and ability to be laundered multiple times with ease allows the regime to steal funds and use […]

Bitcoin has revolutionized the world of payments, allowing individuals to transact with each other without the use of banks or other centralized payment processors. Those transactions can even take place across international borders, with greatly reduced cost versus what would normally occur through the banking system. But the one knock on Bitcoin is that, as […]

While numerous countries have discussed the possibility of issuing their own digital currency, the actual issuance of central bank digital currencies has in most cases failed to materialize. Aside from Venezuela’s much-derided petro, which doesn’t seem to be gaining much traction, no other central bank has issued its own digital currency. Until now. While many […]

A few weeks ago US cryptocurrency exchange Coinbase came in for a tremendous amount of criticism from consumers and investors after a recent acquisition. The exchange purchased a blockchain analytics firm, Neutrino, whose CEO, CTO, and chief resource officer had all previously worked at the security firm Hacking Team. Hacking Team was notorious in the […]

With growing backlash from governments over its erosion of data privacy and growing discontent from users overs its censorship and suppression of alternative points of view, Facebook is desperate to staunch the flow of users leaving its platform and relieve pressure from government authorities. The company needs to hit a home run in providing a […]

Since the financial crisis more and more people have become familiar with the concept of stress tests, the tests which central banks and financial regulators use to determine the strength and resilience of the banking system. Stress tests require banks to analyze their potential performance under a series of hypothetical scenarios. The tests are designed […]