In the last quarter of 2017, the price of a Bitcoin has more than tripled. This has led to a sudden surge in the awareness of the word Bitcoin across the globe and especially in India. It is a textbook example of the diffusion of innovation theory in action. We have certainly breached the Innovators … Read more
How Regulators Become Blockchain Innovators: Monetary and macro-prudential policies have traditionally been the main occupancy of central banks and financial regulators. But the recent surge in financial technologies, cryptocurrencies and digital transformation is gradually shaping strategic thinking and tinkering on regulatory innovation. While regulatory reactions have been ambivalent, ambiguous and oftentimes antagonistic, it would be … Read more
$24 million iced tea company says it’s pivoting to the blockchain, and its stock jumps more than 200%: In a move that caused double takes on Wall Street trading floors and prompted comments on Twitter about how this must be the top of bitcoin mania, a little-known micro-cap stock called Long Island Iced Tea Corp. … Read more
An investor who bought bitcoin at $72 warns a 50% drop could happen before the next boom: According to a former hedge fund strategist who is now a digital currency investor, Bitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month. But Dan Morehead, founder and CEO … Read more
I sent $25 of Bitcoin from one address (in Coinbase) to another (Kraken). – $25 sent – $16 fee – $41 total 40% of the total transaction in fees. unbelievable — Kristian Freeman (@imkmf) December 8, 2017 Ready to send your first bitcoin? That will be $26, please… Sure, that’s on the high end of what … Read more
The Transformed Role of Government in the Blockchain Era: Having been part of the U.A.E. government’s rapid transformation over the last two decades, I find myself, for the first time, at an unusual junction: Business as usual or complete disruption and reassessment of the role of government and its relationship to its constituents. The culprit … Read more