News > All

The Pivot Favoring Emerging Markets
Russ explains why the suddenly easier central bank policies could be key for emerging markets. During the week of June 17th, almost every asset class, from emerging market debt to bitcoin, surged. The catalyst? The same one responsible for the 10-year old bull market: easier monetary policy. This suggests that while uncharacteristically stingy central banks may have harmed risky assets
Two Arrested in Connection to 2016 Bitfinex Hack
Here’s an interesting turn of events; two computer programmers, brothers Eli and Assaf Gigi, have been arrested in Jerusalem in connection to one of the world’s largest and most prominent cryptocurrency hacks: the now billion-dollar 2016 Bitfinex hack. The duo, according to Finance Magnates, were long suspected of “systematic” cryptocurrency theft and were arrested during a raid. Eli Gigi, the
Blockchain Provides Trustability in the Age of Mobility Services and Autonomous Vehicles
Harry Behrens, head of the blockchain factory, Daimler Financial Services, spoke at the Blockchain Europe expo in Amsterdam, highlighting the disruption that awaits mobility systems and how blockchain can be leveraged to provide trustability and enable end-to-end real-time financial transactions without manual intervention. "Private ownership is going down, and mobility is going towards a stage where it is delivered as
NexChange Interview Series: Didi Taihuttu - the Family Who Bet It All on Bitcoin!
In this installment of the NexChange Interview Series, NexChange’s Olga Yaroshevsky chats with the Bitcoin Family’s Didi Taihuttu onboard the CoinsBank Blockchain Cruise. Taihuttu and his family sold all their belongings – house, cars, motorcycles, and clothes – two and half years ago to bet it all on bitcoin. They’ve been traveling ever since, enjoying life and educating people “on
Kakao’s Klaytn Blockchain Network Goes Live
Blockchain
Ground X, the blockchain unit of South Korean messaging juggernaut, Kakao, announced on Thursday that it has officially launched its widely-anticipated blockchain platform, Klaytn. Klaytn, per the team’s post on Medium, “is a service-centric blockchain platform” which aims to “trigger the mass adoption of blockchain experience for millions of users across the world.” Klaytn combines the best features of both
Five Reasons Why China is Unlikely to Devalue the Renminbi
For years, President Trump has accused China of purposely devaluing the renminbi to boost exports. With trade and political tensions boiling over, the question of whether China will devalue the renminbi often comes up. We don’t think China will intentionally weaken the renminbi to counteract US tariffs. Yes, it weakened about 2.5% versus the US dollar in May when trade
The Future Of Autonomous Ships Rests In Their Ability To Tackle Cyberattacks
AI, Smart Cities
At the Autonomous Ship Technology conference in Amsterdam, Joseph Beel, the strategic programs manager at Cisco, spoke on how advancements in the domains of Internet of Things (IoT), artificial intelligence (AI) and mobility systems are disrupting the way the maritime industry operates – while subsequently putting vessels under cybersecurity risks arising from the considerable increase in attack avenues. "If you
Bitcoin Price Drops $1,700 In Minutes After Coinbase’s Website Crashed
MichaelWuensch / Pixabay The bitcoin price plunged as much as $1,700 in just 15 minutes after crypto exchange Coinbase’s website crashed on Wednesday afternoon. This massive drop comes after the bitcoin price hit a 17-month high of over $13,700 on Tuesday. After Coinbase’s website crashed, it showed this message: “An error has occurred. We’ve been notified about the issue and
Bitcoin Cheerleader Less Cheery After Potentially Causing Market Crash
Galaxy Digital founder Michael Novogratz did not have a great day. Financial Review: …Thursday's reversal prompted one of bitcoin's biggest proponents, Mike Novogratz, to lament on not having taken more money off the table before the coin lost nearly all its gains. That may have contributed to its swift demise, according to John Spallanzani, portfolio manager at Miller Value Partners.
Accountancy Giant PwC Adds Crypto Auditing to Its List of Services
PwC, the Big Four accounting firm, can now audit crypto companies, writes Bloomberg: Teams across PwC spent the past year designing tools that could match the private keys and public addresses assigned to crypto asset accounts, Ralph Weinberger, head of PwC's Global Assurance Methodology, Learning and Education Organization, said by phone. The auditor's tools can't access the unique alphanumeric security