Tagged: alex mashinsky

October 31, 2019 @ 1:20 am By Cali Haan  |  

The availability of cheap, cryptocurrency-collateralized loans is growing unsustainably and could induce a crisis, two former Wall Street traders now working in crypto lending have told Bloomberg. According to the outlet, the crypto-collateralized loan industry is a relatively new one that mostly emerged in the… Read More

October 25, 2019 @ 4:04 pm By JD Alois  |  

Bitcoin is on a tear today rising in value by over 14% in the last few hours. Earlier this week, on the day Mark Zuckerberg took a shellacking from the US House Financial Services Committee, Bitcoin dumped 8%. While the trip to the House of… Read More

October 14, 2019 @ 5:00 am By JD Alois  |  

Facebook’s attempt to launch a global non-sovereign currency was doomed from the beginning for many reasons. While Facebook will continue to put a smiley face on Libra, in its current form, it is just not happening. And this is not just about Facebook’s penchant to… Read More

October 1, 2019 @ 12:06 pm By JD Alois  |  

Yesterday, a prominent group of digital asset exchanges joined in announcing a new “Crypto Rating Council” that sets a score on a crypto asset to better establish whether or not it is a security. While the Securities and Exchange Commission (SEC) has dripped out guidance… Read More

September 24, 2019 @ 10:17 pm By JD Alois  |  

Bitcoin rapidly deflated today. The world’s most popular crypto is now trading under USD $9000 (~$8700  $8400). At one point today, BTC tanked about USD $1000. So what’s the cause? A portion of the chatter claimed that Bakkt’s much-heralded launch this week was much ado… Read More

September 8, 2019 @ 4:33 pm By Omar Faridi  |  

The initial coin offering (ICO) craze of 2017 and early 2018 helped generate billions of dollars for blockchain startups throughout the world. However, many ICO projects were scams or did not lead to the development of useful products. London-based Celsius is among the very few… Read More

November 1, 2017 @ 8:01 pm By Georgia Quinn  |  

  Sober enthusiasm is the way I would describe a recent LAT Blockchain Economic Forum I attended in New York City. Most speakers at the event noted that we are in a crypto bubble referencing the gold rush mentality embracing the Initial Coin Offering (ICO)… Read More