Following this week’s forced shutdown of their activities in Kazakhstan, bitcoin miners face a rapidly shortening list of countries in which to place their equipment. On 5 January, Kazakh authorities […]
It took less than a week for Mozilla, the non-profit behind popular web browser Firefox, to backtrack on a New Year’s resolution to accept more funding in cryptocurrency. “Last week, […]
In the latest New Money Review podcast, psychotherapist Tony Marini talks about the growing problem of addiction to cryptocurrency. Tony Marini Marini, a specialist in gambling addiction, works at the […]
Three leading cryptocurrency exchanges misled UK clients with digital advertisements, the Advertising Standards Authority (ASA) said today. The ASA is the UK advertising regulator, with the responsibility of ensuring UK […]
The booming decentralised finance (‘DeFi’) market suffers from an existential problem, says the Bank for International Settlements (BIS): it isn’t decentralised. Meanwhile, the contagion risks from DeFi to the rest […]
A central bank policy mistake is likely to cause the next financial crisis, says Dan Awrey, my guest on the latest episode of the New Money Review podcast. “The combination […]
Cryptocurrency is an experimental technology. But it’s also a $2.5trn market with growing and increasingly complex linkages to the traditional financial system—whether through ETFs, the futures market, central clearing, repo […]
Last year commodity giant Glencore pocketed $1.3bn through a clever trade it made when oil prices briefly went negative. Amidst the coronavirus shock to global trade flows, tankers idled, crude […]
The market at the centre of the world’s financial system—repo—is witnessing record popularity. But it’s always prone to collapse, and now cryptocurrencies are joining the fray. The repo market The […]
Stablecoins—digital currencies pegged to existing money, like the dollar, euro, pound or gold—are the hottest topic in finance. From crypto-market dollars like Tether and Circle to Facebook’s Diem project and […]