They may not be at war, but relations between the traditional finance and cryptocurrency/blockchain camps have long been marked by mutual suspicion. A year ago, Sibos, which describes itself as […]
If you thought investing in cryptocurrencies was risky, try making them. An estimated 4.3 million bitcoin mining machines around the world now perform around 82 exahashes (million trillion hashes) per […]
China’s central bank head sought last week to head off speculative fever regarding the launch of a new state-backed digital currency. Intense investor interest in China’s financial technology (fintech) sector […]
According to some fintech firms, large banks do have a future. It’s just as a low-value provider of the transaction data that they, the highly rated tech specialists, will exploit. […]
For years, scientists have been battling to build a computer that exploits one of the strangest areas of modern science—quantum physics. Now Google claims to have achieved a breakthrough by […]
Central banks around the world have so far been reticent about issuing their own digital currencies. But there’s one major exception: China, the world’s largest trading nation. Earlier this month, […]
Last week, France’s finance minister slammed Libra, Facebook’s proposed payments coin, for encroaching on a key area of national power. Bruno Le Maire said his country would block the development […]
What do Wikipedia—an online encyclopedia—and bitcoin—internet money—have in common? Both are open-source projects. This type of initiative is playing an increasingly powerful role in many areas of life. Open-source networks […]
Hardly at all, then at once—the tectonic plates of the global monetary system are shifting. Mark Carney, the outgoing Bank of England governor, yesterday shocked the traditionally staid annual August […]
Long-awaited and oft-delayed, Bakkt’s physically settled bitcoin futures are finally on the way. How big an impact will they have? A year after the launch plans were first announced, on […]
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