We are living in the golden age of fraud. But we’re also in a golden age for data leaks. In the last six years we’ve seen a cascade of confidential […]
The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]
The fallout from the demise of cryptocurrency exchange FTX has reached the crypto deposit and lending platform BlockFi, which announced at 1.15am GMT on 11 November that it was suspending […]
The cryptocurrency crash triggered by this week’s failure of the FTX exchange has now reached the largest dollar token, Tether. As at 12.10 GMT on 10 November, Tether had lost […]
There are periods in human history when money and foreign policy converge—and this is one of them, says Paul Tucker, my guest on the latest New Money Review podcast. Tucker, […]
Money theorist David Birch thinks we will all live in a world of multiple competing currencies. And communities, says Birch, will be one of the five main future issuers of […]
By keeping interest rates near zero for over a decade, central banks have created profound economic insecurity and financial fragility. That’s the argument of financial historian Edward Chancellor, guest on […]
Two events in the last fifteen years have fundamentally altered the way the financial system operates—and neither was planned by global policymakers. The great crash of 2008 stopped banks from […]
“Competition is for losers,” Paypal founder, early Facebook investor and bitcoin enthusiast Peter Thiel once said. But now the monopoly power of the big tech firms has outgrown even Thiel’s […]
How criminals can profit from shared liability BNPL (Buy Now Pay Later) is a type of short-term financing allowing consumers to make purchases and pay at a later date (often […]