Saturday, August 15, 2020

What's Wrong With John Oliver's Bitcoin-Beanie Baby Comparison

Comedian John Oliver rightly warned his audience about the risks of cryptocurrency, but his comparisons to Beanie Babies and gambling missed the mark. Source: Coindesk Link:...

Central Bank Digital Currencies Could Fuel Bank Runs, BIS Says

A central bank-issued digital currency could fuel faster bank runs during periods of financial stability, the BIS said Monday. Source: Coindesk Link: Central Bank Digital Currencies Could...

Report: South Korea Could Ease Its ICO Ban

South Korea's ban on initial coin offerings (ICOs) could be relaxed in the months ahead, according to a new report. Source: Coindesk Link: Report: South Korea...

Venezuela's Petro Will Harm 'Legitimate' Cryptocurrencies, Says Brookings

The Brookings Institute warns that the petro will undermine both international economic sanctions and truly decentralized cryptocurrencies. Source: Coindesk Link: Venezuela's Petro Will Harm 'Legitimate' Cryptocurrencies,...

Crypto Miner Genesis Hit With Cease-and-Desist Order

Genesis Mining has been ordered to stop operating in the state of South Carolina, according to a cease-and-desist order released last week. Source: Coindesk Link: Crypto...

Lawyer Warns Bitfinex on 'Threats' Against Blogger

Blogger Bitfinex'd hires lawyer Stephen Palley, who says that if he finds Bitfinex is behind threats against his client, "there will be consequences." Source: Coindesk Link:...

EU Can't Ban Bitcoin Mining Over Energy Concerns, Official Says

Cryptocurrency mining is perfectly legal in Europe and only subject to standard electricity rules, according to an EU commissioner. Source: Coindesk Link: EU Can't Ban Bitcoin...

Bitcoin Cash Price Enters Recovery Mode After 4-Week Low

After mounting a high-volume recovery, the bitcoin cash cryptocurrency looks set to rebound, technical chart analysis suggests. Source: Coindesk Link: Bitcoin Cash Price Enters Recovery Mode...

Making Sense of Crypto Asset Valuation Insanity

A crypto hedge fund co-founder argues that while crypto investors are going wild today, the markets will eventually return to real valuations. Source: Coindesk Link: Making...

ICOs: Fix the Problem Before the SEC Fixes It for You

If you sold tokens to unaccredited investors, or otherwise have not complied with the federal securities laws, make it right before the SEC finds...

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