Search Results for: bitcoin
The global reset scam
November 20th, 2020
This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time. Instead, the ...
Payment token derivatives: the risks behind the hype
November 19th, 2020
Compared to a direct investment in Bitcoin, for example, an investment in derivatives with payment tokens as underlying assets is more transparent but is by no means risk-free. Many of the risks associated with payment tokens have an impact ...
The monetary logic for gold and silver
November 17th, 2020
A considered reflection of current events leads to only one conclusion, and that is accelerating inflation of the dollar’s money supply is firmly on the path to destroying the dollar’s purchasing power — completely. This article looks at ...
Lebanon to launch digital currency in 2021, central bank governor says
November 16th, 2020
The plan as part of a broader effort to fight a parallel economic and financial crisis that has engulfed the country, according to CoinTelegraph. The country’s central bank has been pondering over the idea of a state-run digital currency ...
Breaking: FCA bans the sale of crypto-derivatives to retail consumers
October 6th, 2020
The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA considers these products to be ill-suited for retail consumers due to the ...
Over $150M drained in KuCoin crypto exchange hack
September 29th, 2020
The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 ...
Another Cryptocurrency Exchange gets hacked for millions
September 9th, 2020
Hackers have compromised yet another cryptocurrency exchange. This time, it’s the small-time Slovakian exchange Eterbase—though the amount hackers made off with is nothing to sneeze at nearly $2 million. Hackers raided Eterbase’s wallets for Bitcoin, Ethereum, XRP, Tezos, Algorand ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
Putin signs law giving cryptocurrency legal status in Russia
August 4th, 2020
Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President ...
