An international group of central bank regulators and government ministers said Sunday that cryptocurrencies don’t pose a risk to global financial stability, comments that come on the eve of talks on the subject by the G-20. In a letter published…
Tag: cryptocurrencies
The New Ways to Save Crypto from a Post-Quantum World
What if a key piece of cryptography underpinning bitcoin fell apart? That might sound like science fiction (or even FUD – fear, uncertainty and doubt) to many a cryptocurrency enthusiast, yet hardly a day goes by without some breakthrough in…
Peter Thiel: Bitcoin Will Be the ‘One Online Equivalent to Gold’
Peter Thiel has once again endorsed bitcoin, which he recently argued is tantamount to digital gold. And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means…
Royal Bank of Canada Explores Blockchain to Automate Credit Scores
The Royal Bank of Canada may be interested in putting credit scores on a blockchain. In a patent application released Thursday, the bank outlines a platform built on a blockchain that would automatically generate credit ratings using a borrower’s historical…
Bitcoin Drops Below $8K Amid Crypto Market Sell-Off
The price of bitcoin fell below $8,000 during early-hours trading on Thursday, according to CoinDesk’s Bitcoin Price Index (BPI). At press time, the price of bitcoin is trading at roughly $7,829.94, representing a decline of over $300 from the open…
Unicorn Visions: Bitcoin’s Startups Aren’t Startups Anymore
Marc Hochstein is the managing editor of CoinDesk. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. With all the regulatory actions and anti-climactic cable television appearances last week, you may have missed…
Japan’s Third-Largest Electric Provider Is Testing Bitcoin On Lightning
Japan’s third-largest electricity provider is emerging as one of the first major companies in the world to trial a promising bitcoin payments technology. Revealed exclusively to CoinDesk, Chubu Electric Power Co. has entered into a proof-of-concept with local bitcoin and Internet…
Former Thai Finance Minister Calls for Crypto Regulation
A former finance minister of Thailand has voiced his support for new regulations around cryptocurrency trading and initial coin offerings (ICOs). Korn Chatikavanij previously served as the country’s finance minister between the end of 2008 and mid-2011. Now chairman of The Thai…
A Bitcoin Twitter War Is Raging And No Account Is Safe
“Paging @Bitcoin. These tweets don’t help anyone.” At first glance, the tweet, from investor and entrepreneur Nick Tomaino, might not be distinguishable in the all-out flame war that crypto Twitter – and all crypto social media – has become. But…
Fake ‘Telegram ICO’ Websites Just Won’t Go Away
Would-be investors in Telegram’s multibillion-dollar initial coin offering (ICO) have quickly become a favorite target for scammers. CoinDesk has identified as many as nine more websites claiming to sell the Telegram token after previously reporting on another fake website, which claimed…