Terry Gou, Taiwan’s richest man and the founder of manufacturing giant Foxconn, wants the island to roll out the red carpet for Facebook’s Libra cryptocurrency project. In a recent, little-noticed speech, the billionaire and one-time presidential candidate said Taiwan could boost its status as an international financial hub by embracing Libra, rather than approaching the project
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The Oxford English Dictionary, published by the Oxford University Press, has added ‘satoshi’ to its compendium of the English language. First used less than seven years ago, satoshi is the newest word added to the dictionary. The addition was made as part of a quarterly update to the respected source’s database that also includes the words
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Digital asset manager CoinShares is putting gold on the bitcoin blockchain. Working with wallet provider Blockchain and precious medal trader MKS (Switzerland) SA, the U.K.-based firm announced Tuesday a gold-backed network for trading tokens representing digitized physical gold, a project two years in the making. According to CoinShares, the network launches today with more than
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Smartlands is betting on a billion-dollar tokenization vision with a new broker-dealer partnership to make it happen. The British digital tokenization firm is now working with IIP Securities, an international banking consultancy based in New York, as it prepares to bring its security token crowdfunding model stateside. The alliance provides Smartlands access to IIP Securities’
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Investors who trade cryptocurrency also tend to take bigger risks in the stock market, suggesting they are seeking dopamine more than diversification, according to a recent study. The paper, titled “Are Cryptocurrency Traders Pioneers Or Just Risk-Seekers? Evidence From Brokerage Accounts,” appeared in the September issue of Economic Letters, stating that cryptocurrency traders’ behavior is
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Crypto accounting and data processing firm Lukka has partnered with fund administrator Theorem Fund Services to provide same-day net asset value reporting capabilities to digital assets index fund Hashdex. New York-based Lukka invented the first crypto tax calculator and is the first data services firm to help monitor fund performances and prepare auditable financial statements
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In my last video, I told you about what Bitcoin is. There is no doubt that bitcoin is based on an exciting new cryptocurrency technology with potentially widespread applications. In today’s video, I am going to be discussing Bitcoin as an investment. How Bitcoin is going to perform in the long-term is anyone’s guess. Without
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When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk.
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