The unusual incentives built into the bitcoin network mean that the cryptocurrency inverts the laws of economics: the more people buy bitcoin, the more its price goes down. That’s the […]
Money is undergoing unprecedented change: around the world, we see new ways of paying each other, new stores of value, new ways of recording economic activity and new forms of […]
UK-based cryptocurrency exchange Coinfloor says it’s time for intermediaries selling bitcoin to stop misleading retail investors. According to the exchange’s chief executive, Obi Nwosu, retail investors wanting to experience what […]
In a speech delivered yesterday, Hester Peirce, one of the five commissioners of the Securities and Exchange Commission (SEC), outlined radical new proposals to make the US a friendlier market […]
In our latest podcast, Neil Walsh, the Vienna-based head of the Cybercrime, Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) Department at the United Nations, gives an exclusive interview to […]
Last year’s PlusToken scam involved a clever combination of technology, fraudulent promises and viral marketing. The theft deprived its 3 million victims, mostly based in Asia, of over $2bn. But […]
Financial fraud makes for terrific stories. ‘When Genius Failed’, ‘The Smartest Guys in the Room’, ‘Devil Take the Hindmost’ and ‘Manias, Panics and Crashes’ are some of the classics of […]
Tether, the stablecoin issuer, is expanding its product range with the launch of a new digital token representing a troy ounce of gold. The token, called Tether Gold (XAUT), will […]
Emerging markets are at the forefront of the race to develop central bank digital currencies (CBDCs), and all eyes are on China. That’s the main conclusion of a new Bank […]
US cyberspies fly to the UK to try to stop Britain signing a new deal with Huawei. The US threatens to cut off Iraq from the global financial infrastructure. A […]