The Milken Institute Global Conference was yesterday, and Economist Nouriel Roubini made his opinion known when he spoke at a panel, according to Bloomberg. He was incredibly critical of the cryptocurrency market and had no filter when he said: “all this talk of decentralization is just bulls**t.” Another panelist…
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Cryptocurrency
South Korea Exploring the Idea of Becoming a Cashless Society
Could a cashless society be in South Korea’s immediate future? It’s a question that’s led to a lot of confusion over recent years for South Koreans. Local media stations are reporting that The Bank of Korea (BOK,) which is South Korea’s central bank, has announced plans…
Is Malta Becoming the New Cryptocurrency Capital of the World?
The tiny, unassuming European island nation of Malta now trades more cryptocurrency by volume than any other country in the world, according to recent reports from Morgan Stanley. It beats out the next highest countries: Belize, Seychelles, the United States and South Korea. This is due to well-defined and easily…
Venture Capitalists Have a Growing Interest in Blockchain Technology
Blockchain technology has evolved during the first two decades of the 21st century, and startups in the field have recently garnered attention from the venture capital units of international commercial enterprises. Comcast Ventures is one such unit. The outfit's Managing Director, Gil Beyda, relayed his company's bullish Bitcoin and blockchain…
Is big banking finally coming to terms with cryptocurrency?
Banks have existed since Egyptian times, but not as we know them today, with checking and savings accounts, safe deposit boxes for gold and jewelry, mortgage loans on the ready, and thousands of dollars of cash on hand. Financial institutions are helpful for society, and all, but their power rests…
Cryptocurrency News: Coinbase to Appear in Open Court
A federal judge ruled Monday, April 23, that a class action lawsuit against cryptocurrency guru Coinbase must be held in an open court. This comes after the plaintiff in the case, Silver Miller, accused Coinbase of money laundering and had requested private arbitration. In the white collar world, private arbitration…