One intriguing aspect of bitcoin is the way it makes explicit the cost of running a monetary system. Bitcoin mining requires a lot of energy: nearly as much as Switzerland, […]
The owners of cryptocurrency exchange Bitfinex have been defrauding clients by engaging in secret, conflicted transactions with related parties, according to a court order published on April 25 by the […]
One of the most obvious potential applications of distributed ledger technology is in financial record-keeping. Blockchains promise greater efficiency and higher resiliency, say the technology’s advocates, as well as cutting […]
In theory, decentralised ledgers could help revolutionise the global capital-raising process, disrupting the share and bond markets in the same way that bitcoin promises an alternative to central bank-issued money. […]
Global policymakers are struggling to achieve a consistent approach to defining and regulating cryptocurrencies. A new report from the UK government illustrates the problem in microcosm. On October 29 the […]
“‘Blockchain’ and ‘distributed ledger technology’ (DLT) have become almost meaningless buzzwords that are mainly used for marketing and PR purposes,” say the authors of a new Cambridge University study. Given […]
Bitcoin tracker funds threaten a clash by bringing together two fundamentally incompatible financial systems, says one former investment banker. Bitcoin exchange-traded funds (ETFs) are still on the drawing board: as […]
Pavol Rusnak, chief technologist at cryptocurrency storage device provider Trezor, discusses security and his firm’s business philosophy in an exclusive interview. The private key to a cryptocurrency confers ownership of […]
Despite their promise of a revolutionary new fundraising technology, initial coin offerings (ICOs) suffer from major internal contradictions, says one cryptocurrency market observer. In an exclusive interview with New Money […]
Some institutional investors have written off cryptocurrencies as a bubble. Others may be taking their first steps to allocate money to a new, uncorrelated asset class. Wherever they fall on […]