Could a bitcoin arbitrage-gone-wrong have broader consequences for the cryptocurrency market? ‘GBTC’, the US-listed Grayscale Bitcoin Trust, is a true bitcoin whale, owning more than 3 percent of the cryptocurrency […]
Why is the price of bitcoin for future settlement above the current (‘spot’) price? How are hedge funds trying to arbitrage differences in cryptocurrency funding rates? Why is the largest […]
In an echo of the 2011 Libor scandal, Coinbase’s past manipulation of the bitcoin price impacted a key market benchmark. On Friday the Commodity Futures Trading Commission (CFTC), which regulates […]
In an extended interview, media scholar Andrey Mir, author of “Postjournalism and the death of newspapers”, talks about the social media-driven polarisation in society and explains why our future money […]
Last month cryptodollar issuer Tether agreed with New York prosecutors to come clean on its reserves, long a topic of controversy. But the general public may still end up none […]
In the latest New Money Review podcast, Paul Gordon, the founder of Coinscrum, the UK’s oldest and most popular cryptocurrency networking and events group, shares his thoughts on the past, […]
Yesterday I wrote a post on Twitter saying that clients of crypto exchange Kraken didn’t have much of a case for compensation after Monday’s flash crash in ethereum. During the […]
Yesterday’s price crash revealed large dislocations in the market for the second-largest cryptocurrency, ethereum. Although cryptocurrencies can be traded around the world 24/7, there is no single market for the […]
The major promise of DeFi is decentralisation. But activity is now shifting to a wholly centralised platform. To an outsider, there are many incomprehensible things about the expanding DeFi craze: […]
Stablecoins—digital money backed by assets of stable value—are in vogue. But for a stablecoin to function, its users have to trust in its backing. And history is full of examples […]