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The Real Benefits of Blockchain Are Here. They’re Being Ignored

Introducing as many people as possible to the benefits of decentralization is a cause almost everyone in this industry shares. The issue is that, in making the technology more accessible, many developers are sacrificing the benefits of decentralization for the sake of...

BBC Reporter Describes How Hackers Stole $30,000 of His Cryptocurrency

After years of vacillation over whether to invest in cryptoassets, BBC business technology journalist Monty Munford decided in mid-2017 to take the plunge, only to have it all stolen by hackers several months later. Munford explains that the decision to invest in...

PlusToken Scam Not Responsible for 20% Bitcoin Crash: Research

Bitcoin hasn’t had a good week. Over the past seven days, the flagship cryptocurrency has shed some 15%, reaching a weekly low of $9,500 just the other day. At one point, the Bitcoin Fear and Greed Index, which aims to measure how the market is feeling about...

Australian tax Authority Warns Retirees Against Risky Cryptocurrency Investments

In a bid to remind 18,000 retirees under Self Managed Super Funds (SMSFs) of their legal duty to invest their retirement savings cautiously, the Australian Tax Office (ATO) has begun sending stern letters to some of these individuals whom have chosen to spend over 90...

New Zealand gives a vote of confidence in bitcoin, while the US remains wary

Kiwis can now get paid in crypto. Bitcoin faces legal uncertainty in much of the world, but this month the cryptocurrency received a major vote of confidence in New Zealand. In its August tax information bulletin (pdf), the country’s Inland Revenue...

Dow Jones Plunges 800 Points amid Recession Fears

The Dow Jones Industrial Average fell 800 points on Wednesday. Investors sound their deep concerns about an upcoming recession. The Dow Jones Industrial Average fell 800 points yesterday which represents its biggest one-day fall this year. At the time of writing in...

IS BITCOIN AN OPTION IN ARGENTINA AS STOCK MARKET COLLAPSES

There have been a number of cases recently where people have flocked to bitcoin as their own economies face uncertainty. China, Britain and Venezuela are the prominent examples but now Argentina may be added to that list as their currency and stock markets crumble....

BITFINEX HACK BITCOIN ON THE MOVE AGAIN AS 3-YEAR DORMANT PERIOD ENDS

Bitcoin stolen from cryptocurrency exchange Bitfinex in 2016 has returned to the spotlight as some of the funds move to an unknown wallet. $340,000 OF BITCOIN LEAVES HACK WALLET According to monitoring resource Whale Alert, which publishes details of major...

Why Bitcoin: Negative-Yielding Bonds Hits $15 Trillion

Opinion: Bitcoin is Needed Now More Than Ever If you told economists twenty years ago about Bitcoin (BTC) and negative-yielding debt, they would be shocked. In the 1990s or even the 2000s, decentralized digital money and a bond that made your money disappear...

Derivatives Drama: The Unintended Consequences of Crypto Regulation

Last week’s kerfuffle over the launch-that-wasn’t of LedgerX’s physically delivered futures platform highlights two very important lessons, one obvious and one less so. The obvious conclusion is that one needs to tread very carefully when it comes to...

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