Banks should abandon their blockchain fantasies
In the wake of the crypto meltdown last year, most of the industry chatter has shifted to discussions of the blockchain technology that underpins bitcoin and...
Tagged: Financial investment services
Crypto Crowd Plunges into AI, Possible Sign of a Bubble
Investors have worked themselves into a frenzy over opportunities in artificial intelligence. You can see the froth reaching peak levels because crypto bros are piling in...
Non-profit Provenance blockchain supports digital currency efforts by Apollo, Hamilton Lane
Digital transactions conducted with blockchain technology continue to gain momentum with leading financial institutions, even as the crypto/digital currency world reels from bankrupt broker FTX. Proponents...
The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’
It’s been seven days since Sam Bankman-Fried said: “FTX is fine. Assets are fine.” Many things are still unclear, but one thing is certain: FTX was...
A ‘margin call cascade’ deleveraging, crypto failure and bitcoin at $13,000 likely amid FTX fallout
A “new wave of crypto debasement” is likely underway, with bitcoin itself poised to drop another 25% amid a “cascade” of margin calls. That was the...
FTX crisis hurts BlackRock, VanEck: “Crypto industry must work twice as hard to rebuild bridges”
Investors in BlackRock’s and other firms’ crypto products saw their values plummet on November 9 as the troubled digital asset industry rebounded from a crisis that...
Crypto has had a terrible, not good, very bad year. What advisers say to do now.
It’s been an ugly year for cryptocurrencies: The crash has trimmed about $2 trillion from a record $3 trillion market cap in November 2021. The leading...
Tension is rising between the crypto exchanges Binance and FTX. What it means for the market.
Some investors worry that tensions between major crypto exchanges Binance and FTX could weigh on the digital asset market, which has already suffered from price chaos...
Why US midterm elections matter for crypto, and how
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that hits your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll be walking...
What analysts, professors and money pros say you should know about crypto now
Since 2021, Americans’ overall comfort level with cryptocurrency has fallen by as much as 12%, a Bankrate survey found. Anthony Kwan/Getty Images Crypto was hot, until...