Finance is a very broad concept and cryptocurrencies are historically one of the most innovative developments in investments, payment methods and store of value.
Here we take a look at how cryptocurrencies are shaping the financial world, changing the banking scene and promoting more fluid transactions for everyone.
ELI5 Dollar Reboot Composite
Market analyst Jim Rickards edits the Strategic Intelligence newsletter and, in 2017, he made several predictions about the financial markets in the coming years, specifically men...
Awax: Pioneer the future of money
August 2020 Update
Not to be confused with AVAX Avalanche.
The Awax website is down :
The most recent message on the project's official Telegram was received in March...
Bitcoin negative yields are impossible
Negative yield is an intriguing concept. The whole idea behind paying interests is that your money is worth more today than it is tomorrow. Cash in hand should be worth more than ...
2017 Bitcoin and Altcoin Hacks [Part 9]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2017. BitGrail In late 2017, Italian cryptocurrency exchange BitGrail was hacked and 2.5 million NANO were stolen. Initially, the exchange reported the issue as a “maintenance”: XRB withdrawals will be enabled […]
2016 Bitcoin and Altcoin Hacks [Part 8]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2016. Gatecoin In May 2016 an attack on Gatecoin’s hot wallets cost them U$ 2 million in damages. As much as 185,000 ETH and 250 BTC were stolen in the heist. […]
Exchanges adopting $USDT for $USD valuation should demand a Bitfinex audit
When a large exchange, like Bittrex for instance, adopts USD Tether ($USDT) as their US Dollar reference, they must offer investors some guarantee that the adopted benchmark is somewhat accurate. When you select USDT pairs in Bittrex, the user interface does not show USDT but shows U$ instead, clearly suggesting USDT is the official US […]
Opinion: Tether reserves to be tested during the market downturn [January 2018]
When both Bitcoin and altcoins are going down, it usually means cryptos are being traded for fiat currency. Right? Almost. There’s a curious cryptocurrency called Tether (USDT), which supposedly represents one coin for each US Dollar (USD) deposited in accounts in Asia. Right now Tether is one of the few currencies which gained value against […]
Concepts In This Page
One of the largest cryptocurrency exchanges. Has close ties to the Tether stablecoin cryptocurrency.
Stablecoin, or stable coins, are cryptocurrencies which are backed 1:1 (or some other ratio) against a reserve currency or bag of currencies. The most popular stablecoins are pegged to the US dollar.
Tether is a stablecoin - a cryptocurrency which is tied 1:1 with the US dollar.
e-Dollar is an informal name given to a fully digital version of the US Dollar. It's really not a new concept, since the dollar itself has been almost a fully digital currency since the end of the gold standard. Most US dollars don't actually exist in paper or metal.
Acronym for Federal Reserve, USA's highest monetary authority.
The Federal Reserve is USA's highest monetary authority. The FED, as it's popularly called, is in charge of generating more currency, establishing monetary policy and protecting the stability of the US dollar through various financial instruments. The FED is a popular target of criticism by proponents of cryptocurrencies.