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Covid wipes out cash

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The rate of spread of coronavirus through the human population may be slowing, but the pandemic seems well on the way to claiming another permanent victim: physical cash. That seems […]

Payments are about politics

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The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

Facebook scales back global currency plans

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In an updated version of its white paper, released today, the Libra Association says it is scaling back its initial plans for a global payments medium and instead focusing on […]

Derivatives exchanges fed bitcoin crash

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Leveraged trading platforms played a big part in driving last week’s price collapse in bitcoin and ethereum, says a cryptocurrency fund manager. On March 12th bitcoin dropped from $7,800 to […]

Ethereum collapse makes MakerDAO insolvent

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According to CoinDesk, the MakerDAO protocol that underlies automated lending on the ethereum blockchain has run out of collateral, threatening its solvency. MakerDAO faces an emergency shutdown with $4 million […]

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