Analysis

To decrease wealth inequality, one passionate financial adviser argues why financial education needs different content, from different voices, delivered through different channels. Financial education and financial literacy are at crisis levels in this country. Financial advisers spend billions on advertising but a fraction of that on education. The resources that are available tend to be
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Unidentified attackers exploited a Ravencoin vulnerability to mint extra RVN “beyond the coinbase of 5000 RVN per block,” Ravencoin lead developer Tron Black wrote in a Medium post on Thursday. According to Black, members of Ravencoin’s CryptoScope team, who developed Solus Explorer, reached out to the Ravencoin developer team recently with their findings.  The vulnerability
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A Bitcoin Core dev and her exchange partner discuss Bitcoin and privacy and how to incentivize more developers to contribute to the protocol. OKCoin and BitMEX recently came together to provide a $150,000 grant to Bitcoin Core developer Amiti Uttarwar.  In this conversation, Amiti and OKCoin CEO Hong Fang discuss: Amiti UttarwarTwitter: @amizi Disclosure The leader
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Former U.S. Treasury Secretary Lawrence Summers praised stablecoins, but said he would be surprised if a global digital currency became a reality in his lifetime. During a special episode of Circle co-founder and CEO Jeremy Allaire’s podcast, “The Money Movement” last week, Summers said he foresees more innovation in the blockchain space but a global
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Germany’s accounting watchdog reportedly had only one person checking Wirecard’s books in the months before the company admitted to the massive accounting irregularities that led to its insolvency. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
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J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Understanding bitcoin is difficult. And so we cast around for the perfect metaphor. Bitcoin is email. Digital gold. eCash. Here’s a new one. Bitcoin
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The top Republican and Democrat on the Senate Banking Committee plan to introduce legislation this week that would direct the Government Accountability Office (GAO) to study virtual currency’s role in illicit online activity.  Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Curv, a company that provides increased secrecy when it comes to holding crypto assets, has closed a $23 million Series A funding round.  Announced Wednesday, the crypto custody tech provider, which uses a technique called multi-party computation (MPC), received investment from CommerzVentures, Coinbase Ventures, Digital Currency Group (DCG), Team8 and Digital Garage Lab Fund. Curv
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Deutsche Boerse has listed an exchange-traded product (ETP) that tracks the value of bitcoin. 21Shares, a Swiss-based product provider formerly known as Amun, said its bitcoin ETP had been officially accepted Wednesday to list on Xetra, Deutsche Boerse’s electronic trading venue. “The listing on Xetra not only strengthens our current position in Germany but also
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Malcolm Campbell-Verduyn is assistant professor of International Political Economy at the University of Groningen in the Netherlands. He is editor of the book Bitcoin and Beyond. Moritz Hütten is researcher on blockchains and the future of work at Darmstadt Business School, in Germany.  The Travel Rule officially extends to ‘virtual asset services providers’ (VASPs) this
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As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again.  This is a movie we’ve seen before: Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating
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Mutual fund giant Vanguard has completed another blockchain pilot that aims to change the risk profile of foreign exchange (FX) transactions. The Valley Forge, Pa.-based investment firm ran the pilot on Symbiont’s Assembly blockchain with participation from State Street, BNY Mellon and investment firm Franklin Templeton. Vanguard and Franklin Templeton acted as dealer banks and
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Crypto.com has confirmed to CoinDesk it is moving to refund customers as the U.K. regulator orders Wirecard’s card issuer to cease all operations immediately. Crypto.com CEO Kris Marszalek told CoinDesk they were refunding 100% of customer funds as the Financial Conduct Authority (FCA) suspended the activities of Wirecard Card Solutions, a subsidiary of the Wirecard
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Scam sales, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever. Today’s edition of The Breakdown is an extended version of the Brief, this time covering five topics. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the
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The Norwegian Seafood Association has teamed up with IBM and Atea, a technology firm focused on the internet of things (IoT), to create a blockchain-based track-and-trace system. The project aims to prove the provenance of sustainably farmed salmon in Norway. Following a successful pilot, five high-quality fish farming operations are now ready to start running
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