Doubts remain about the leading cryptocurrency’s long-term viability. Bitcoin miners—the computers securing the network and keeping a record of transactions—rely on two sources of income: the block reward and the […]
The warnings of the man who popularised index investing have proved eerily prescient. Jack Bogle, late founder of the world’s second-biggest asset manager, Vanguard, was notoriously opposed to exchange-traded funds […]
Far from being a problem, bitcoin’s electricity consumption is healthy. In fact, making an explicit link between energy and money would help promote sustainable economic development, says Andrew Webber, founder […]
Congestion on the ethereum cryptocurrency network has hit record levels, driving per-transaction fees into three figures and rendering many decentralised finance (‘DeFi’) projects unviable. “Just spent $100+ on ETH gas […]
As more details of the RobinHood crisis emerge, it has become clear that the stock-trading app at the centre of the busiest period of trading in Wall Street history was […]
Local currencies can help restore balance in society and it’s time to move away from an economy based on the exploitation of individuals’ personal data. So says Diana Finch, managing […]
The appearance of cryptocurrencies like bitcoin is part of a much bigger trend—the re-emergence of private money as a competitor to state-issued currencies like the dollar, euro, yen or pound. […]
Last year’s high-profile insolvency of German fintech giant Wirecard may be followed by more failures among payment firms and electronic money (e-money) institutions (EMIs), the UK financial markets regulator, the […]
Financial ‘super-app’ Revolut has announced it is applying to become a UK bank. But the fintech firm, which boasts over 12m customers and has a private market valuation of over […]
Dan Hyde, a partner at UK-based law firm Harrison Clark Rickerbys, specialises in emerging technology. His beat includes artificial intelligence, robotics, the internet of things, quantum computing, cryptocurrency and distributed […]