Yesterday, the IMF published a new report ‘The Rise of Digital Money’ outlining the potential effects cryptocurrencies will have on the current financial system and regulatory environment. The report states that the two most common forms of money today, cash and deposits, will face tough competition and could even be
The Rise and Fall of Bitcoin?
It is an unfortunate state of affairs that everyone isn’t a Bitcoin billionaire. Some investors blame it on the fact that we are newcomers to the market. For others, it is because we just never really believed Bitcoin would become a real store of value. All these are valid factors.
Cryptocurrency Exchanges: the Pollyanna of Finance
Bitpoint, a Japan-based cryptocurrency exchange, suspended all trading this week following the announcement of a hack, to the tune of 3.5 billion yen, or $32.5 million. Bloomberg report states that 2.5 billion yen belonged to customers. The tokens stolen include BTC, BCH, and XRP. Japan’s Financial Services Agency (FSA) recently
How To Identify and Invest in Profitable Cryptocurrencies | No, It’s Not Too Late
The best time to buy was 10 years ago, the 2nd best time to buy was yesterday. This is a common situation that you will probably encounter soon in your day to day life; you could be talking about investments with friends and colleagues and the moment you start talking
Stanford Team Designs Findora Platform to Decentralize the Financial System
Findora ensures data privacy, regulatory compliance, and full scalability A team of entrepreneurs and academics has unveiled the development of Findora, a cryptographically transparent public blockchain for building financial applications. Findora’s leadership team is comprised of experienced entrepreneurs and Stanford academics, including Charles Lu, Ben Fisch, Benedikt Bünz, and John