Tag Archives: Wont

BITCOIN NEWS: US giant says cryptocurrencies won’t spark financial meltdown… ‘for now’ | City & Business | Finance

The report, ‘Cryptocurrencies Won’t Disrupt Financial Markets For Now’, found a collapse in the cryptocurrency market would not affect the credit-worthiness of rated financial institutions or disturb the banking sector’s stability. Dr Mohamed Damak, S&P Global Ratings Financial Institutions Sector Lead, said: “We believe that the characteristics of a cryptocurrency, in its current version, make […]

Clever Ethereum honeypot lets coins come in but won’t let them back out

An interesting new Ethereum-based honeypot has been discovered that essentially allows hackers to steal from hackers. The honeypot is detailed on Reddit. A user was hunting for examples of contracts that exhibited possible were susceptible to a “reentrancy attack.” It’s a bit complex but at its core the attack lets you concurrently request your money […]

Bitcoin, Ethereum and Ripple price soars as European Central Bank says it WON’T ban cryptocurrencies

THE value of leading cryptocurrencies soared on Wednesday after plans to regulate them were scrapped by Europe’s central bank in a move that stunned traders. Mario Draghi, president of the European Central Bank (ECB) rubbished claims that the organisation should curb online currencies like Bitcoin. Bitcoin continued to rise throughout the afternoon on Wednesday Prices […]

Bitcoin, Ethereum and Ripple price soars as European Central Bank says it WON’T ban cryptocurrencies

THE value of leading cryptocurrencies soared on Wednesday after plans to regulate them were scrapped by Europe’s central bank in a move that stunned traders. Mario Draghi, president of the European Central Bank (ECB) rubbished claims that the organisation should curb online currencies like Bitcoin. Bitcoin continued to rise throughout the afternoon on Wednesday Prices […]

Moody’s: Bitcoin Volatility (Likely) Won’t Hurt CME’s Risk Rating

Credit rating service Moody’s said Wednesday that it doesn’t believe the launch of bitcoin futures will hurt the creditworthiness of either CME or Cboe. Moody’s published the report earlier today, a move that comes nearly two months after the exchanges first moved to list the derivative products. The 11-page release argues that the combination of risk […]

Bitcoin price LIVE: BTC rises to $8k – miners ‘losing money’ won’t down tools yet | City & Business | Finance

MORNING HEADLINES Bitcoin is priced $7,437 at the time of press, a fall of around $260 dollars on the day so far but a better place than the $5,947 low from earlier this week. Ripple is now priced at $.072, with ethereum at $748. After the price collapse that took bitcoin down to the $5,000 […]

Baidu launches its own CryptoKitties copycat that won’t break Ethereum

Chinese Google rival Baidu is the latest corporation to make its foray into blockchain tech – and its first undertaking is a doggy-centered copycat of smash-hit game CryptoKitties. But unlike its kitty counterpart, CryptoDogs will be based not on Ethereum, but a new blockchain alternative known as Achain. Similarly to CryptoKitties, Baidu’s knock-off lets you purchase, trade, […]

Bitcoin won’t last in world of finance, warns Nobel-winning economist | Business

Davos speakers round on cryptocurrency as Robert Shiller calls it a clever idea with an impermanent future Bitcoin medals made at a Tokyo factory in Japan. Photograph: Tomohiro Ohsumi/Getty Images The Nobel prize-winning economist Robert Shiller has said bitcoin will not be a “permanent feature” of the financial world, as politicians indicated that a clampdown […]

Pipe Dreams: Bitcoin Won’t Solve Pot Industry’s Banking Problem

Charles Alovisetti is a senior associate and co-chair of the corporate department at Vicente Sederberg LLC, and works with legal cannabis businesses in the U.S. In this opinion piece, Alovisetti warns such enterprises to be wary of using bitcoin or other cryptocurrencies as a solution to the pot industry’s continued difficulty obtaining or keeping bank […]

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