It may be fair to compare what cryptocurrency and blockchains are going through to the 1990s dotcom bubble, but not to the 2000s housing bubble.
Blockchains are inefficient, and worth the cost only when censorship-resistance is required. For money, it clearly is; for identity, it just might be.
The cryptocurrency exchange has resumed services after a scheduled maintenance that was supposed to take two hours but instead took two days.
“Bitcoin is a fraud.” Four small words ignited a maelstrom when JPMorgan CEO Jamie Dimon took the stage at a conference in September. The blockchain world was never quite the same again. In response, bitcoin became the talk of Wall Street, and in that …
If crypto assets really are the “Craziest Bubble Ever,” then Naval Ravikant is the movement’s elder statesman. The founder of AngelList, Ravikant didn’t talk much about startups in 2017, instead preaching the gospel of the ICO on Twitter in 140-charact…
An influx of get-rich-quick types could encourage the sort of behavior that bitcoin was designed to escape.
This is not the kind of technology where you “move fast and break things.” Financial market infrastructure is too big to bet on a buzzword.
The partners say the blockchain technology speeds up data delivery from the index provider, removes the need for manual intervention and lowers risk.
Prime Minister Lee Nak-yeon reportedly frets about kids selling drugs and pyramid schemes while regulators draft rules for South Korea’s exchanges.
Bitcoin “doesn’t serve any socially useful function,” says Joseph Stiglitz, a former World Bank chief economist and onetime adviser to the U.S. president.