This Awful Bitcoin Stat Guarantees It’s Not Crypto’s Future: Mathematician

2019-4-28 17:00

By CCN: With all the hype about blockchains and their many uses, we shouldn’t forget the original purpose for the Bitcoin blockchain and Nakamoto’s great leap forward. Blockchains and cryptocurrencies were created to be decentralized currencies, replacing or complementing fiat currencies.

For the most avid crypto fans, crypto is the future of currency and will eventually handle full-scale economies. We dream of the day that we laugh and tell our kids and grandkids that we had physical wallets, paper currencies, and things called “credit cards” (“Grandpa, seriously, you are so old!”). Preparing the Crypto Economy for Mass Adoption So what

The post This Awful Bitcoin Stat Guarantees It’s Not Crypto’s Future: Mathematician appeared first on CCN

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Источник: ccn.com

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The most prominent and largest banks in the world, including Goldman Sachs and Morgan Stanley, could be surprised by the fast-growing rates registered by some cryptocurrency hedge funds. What will traditional and dominant financial institutions do with the growing influence of virtual currencies? Crypto Hedge Funds Perform Better Than Others Although the bear market of […]

2019-4-28 20:55


Bitfinex CEO Statements Express Worry Bitcoin Price Could Fall to $1,000 BTC/USD

Today it was not a good day for virtual currencies. Most of them are registering large losses after the scandal in which Bitfinex and Tether (USDT) are involved. The New York State Attorney General Letitia James explained that Bitfinex mismanaged customer’s funds, something that could have had very negative effects in the crypto market. Can […]

2019-4-27 00:33


Crypto Startup Wirex Partners With Stellar To Launch 26 Fiat-Backed Stablecoins

UK-based crypto startup Wirex Ltd. has partnered with Stellar to launch 26 fiat-backed stablecoins to be integrated onto the Wirex platform. The company has also announced the support of Stellar’s native asset Lumens (XLM), which will be joining 19 other crypto and conventional currencies supported by the Wirex Visa card, Wirex said on Thursday.

2019-4-26 11:44


Bitcoin is Criminals’ ‘Favorite’, Claims Blockchain Forensic; Used in 95% of Crypto Crimes

Bitcoin is the reigning champion of cryptocurrency criminals. That’s the conclusion of blockchain analysis firm Chainalysis, which discovered that bitcoin is used in 95% of crypto crimes. This finding isn’t surprising since bitcoin is by far the most popular and widely used of the 2,000 digital currencies around today.

2019-4-26 19:12


EY Blockchain Leader Leaves the Company Saying Crypto’s DLT Will Take Time To Be Adopted

Although virtual currencies and blockchain technology have expanded all over the world, it seems that mass adoption of this technology is still far from becoming a reality. Angus Champion de Crespigny, the former EY blockchain leader, decided to leave the company because of the aforementioned reason. Angus Champion de Crespigny Leaves EY In a recent […]

2019-4-22 20:26


Taxing Times: Crypto And A Redesigned Social Contract

It’s tax time again, and no doubt the American crypto community is wrestling with the complexities of filing their crypto earnings – or losses – with the IRS. On a more philosophical level, though, where do borderless virtual currencies fit within national tax regimes and the social contracts they help fund? The Paradox of Taxing […] The post Taxing Times: Crypto And A Redesigned Social Contract appeared first on Crypto Briefing.

2019-4-16 20:32


Bitcoin Enthusiasts Know Fiat’s Not Forever, Think Crypto Assets are a Legit Alternative to the Monetary System

One of the hopes many cryptocurrency enthusiasts hold is the idea crypto could one day serve as a legitimate alternate or even a replacement to the fiat monetary system. One big criticism of fiat currency has to do with exchange rates and the idea of valuing money based off of comparisons with other currencies. While […]

2019-4-15 08:31


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