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Crypto News
Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High
Bitcoin is gyrating amid rallying global stock markets while ether options traders ramp up open interest as the Ethereum network heads for an ambitious upgrade.Bitcoin (BTC) trading around $15,384 as of 21:00 UTC (4 p.m. ET). Gaining 0.05%…
Why Bitcoin Needs Philosophy
It’s unsurprising when computer scientists research Bitcoin. Bitcoin is software, after all. And because Bitcoin uses incentives to shape human behavior, it also makes sense that economists study it, too. As a novel and provably scarce…
The Biggest Macro Event Since March
According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. The S&P 500…
Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
Binance.US, the American affiliate that shares a name with the world’s largest crypto exchange, has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network used by some of the largest trading entities in the…
Crypto Long & Short: Bitcoin Gets Ready for a New Type of Hedge
Of all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”In the turmoil…
Privacy Coin GRIN Is Victim of 51% Attack
Privacy-centric blockchain network Grin (GRIN) is undergoing a 51% attack, an event in which a miner (or miners) acquires more than 50% of the network’s mining hash power and takes control, according to a notice at the bottom of the Grin…
As PayPal integration looms, Paxos CEO sees mass adoption for tokenized assets
Paxos CEO Charles Cascarilla sees a bright future for tokenized assets — possibly through PayPal In a panel last week for the London Bullion Market Association, Paxos founder and CEO Charles Cascarilla discussed the growth of Paxos’…
Vitalik Buterin Sends $1.4M of Ether in Preparation for Ethereum 2.0 Staking
Nov 6, 2020 at 12:41 UTCUpdated Nov 6, 2020 at 15:03 UTC
Vitalik Buterin at DEVCON 2018(Ethereum )
Ethereum founder Vitalik Buterin has sent his first ether for staking on the next iteration of the blockchain network.…
Why Emerging Markets Are Wary of Modern Monetary Theory
While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.The argument is that while Western governments debate just how far we can take the idea of money printing without…
The Terminators: A Short Story
My first memory comes from the year 1999. People told me I was going to change the world. I don’t think people realized at the time how much of a child I was. A lot of time, money and faith was put into my abilities. I was told to deliver…