Tag: cryptocurrency

Afghans Turn to Crypto Amid Crisis

Afghans Turn to Crypto Amid Crisis

Images from Afghanistan have flooded the news media this year as the US completed its chaotic withdrawal. Crowds of Afghans desperate to escape the Taliban takeover flocked to Kabul airport despite the risk of terrorist attacks. Just a fraction made it onto evacuation flights, and those who remain...

Peter Thiel’s Bitcoin Paranoia

Peter Thiel’s Bitcoin Paranoia

Silicon Valley billionaire Peter Thiel finds himself in a confusing moral quandary as he struggles to weigh the merits of his nerdish belief in cryptocurrency against his patriotic paranoia focused on China’s economic rivalry with the United States. Participating in “a virtual event held for...

Initial Coin Offerings: Can Regulators Curb the Risks?

Initial Coin Offerings: Can Regulators Curb the Risks?

With huge sums being raised by ICOs and the danger of scams proliferating, regulators are seeking ways to create the right framework for supervision. For tech startups hungry for capital, an initial coin offering (ICO) seems to offer a dream: It lets them raise millions of dollars online with...

The Daily Devil’s Dictionary: To “Subvert” Cryptocurrency?

The Daily Devil’s Dictionary: To “Subvert” Cryptocurrency?

Venezuela has created its own cryptocurrency and US politicians are not happy. In the past year, cryptocurrencies have taken a significant place in the news cycle for two reasons. First, they intrigue everyone within today’s money-obsessed economy who is on qui vive about opportunities to make...

Is Bitcoin Really in a Bubble?

Is Bitcoin Really in a Bubble?

Despite bitcoin’s growing credibility among individual and institutional investors, the cryptocurrency’s skyrocketing price is causing some concern. Investors and speculators are biting into bitcoin — in a big way. The price of the cryptocurrency surged by nearly 1,900% in 2017, to an...

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