Cryptocurrencies are experiencing their worst crisis since the arrival of the first crypto assets and virtual currencies in the 1990s and their democratization in the 2010s. Bitcoin had an unprecedented tumble in late 2020 and has yet to recover. In addition to this sharp decline, there is much discussion about the worrisome collapse of some so-called stablecoins, which […] … learn more→

Until about 2020, universities used cryptocurrencies only to pay ransoms to criminals attacking their networks. A fast payment to criminals helped victim universities restore their networks quickly. With increasing public adoption of cryptocurrencies, especially among young consumers, universities are exploring them, too. As of early 2022, 20% of U.S. consumers had used cryptocurrencies. According to an April 2022 report, 28% of 13- […] … learn more→

Amid the continuous noise about cryptocurrencies, it’s often hard to pick out what really matters. However this month, if all goes to plan, the energy-hungry digital sector will undergo its biggest shake-up in years. Ethereum, the world’s second largest cryptocurrency, is tomorrow expected to start a technology changeover which, once complete, should cause its carbon emissions to plummet […] … learn more→

Have you held foreign property with a total cost exceeding $100,000 at any time within a tax year? Then, you need to file Form T1135. The form covers general aspects like your cayman offshore investment portfolio or Swiss bank account. However, the form is also needed for foreign stocks like Microsoft Corp, Google owner Alphabet, […] … learn more→

Over the weekend, Tesla chief executive Elon Musk suggested his company could sell off its Bitcoin holdings, sending the cryptocurrency plummeting. It followed Musk’s announcement earlier this month that his company would no longer accept Bitcoin in payment for its electric cars, due to the fossil fuels needed to create the digital currency. Bitcoin is created via high-powered computers […] … learn more→

Introduction In the light of the Coronavirus pandemic, everyone seems to be talking about the future of global financial systems. Analysts, economists, financial experts and investors are all worried about the short and long-term impact that global issues like the Coronavirus will have on global finance. This is not the first time that the world […] … learn more→

The role of the cryptocurrency miner is therefore to validate the transactions carried out. He is thus paid in cryptocurrency tokens for which he confirmed a new block. A cryptocurrency developer will develop the computer protocol on which cryptocurrency is based, which notably defines the number of tokens in circulation, their circulation speed, their storage […] … learn more→

With the development of blockchain technology, we see a sudden improvement in remittance prices and speed, as the companies try to survive on the money transfer market… Remittance costs According to the data from Wirly.com, which specializes in gathering information about remittance companies and money transfer services, you can easily send $1000 abroad for less […] … learn more→

Cryptocurrencies have become a global phenomenon in the past few years. Now Facebook is launching it’s own cryptocurrency, in association with Visa, MasterCard, Uber and others. The stated aim of Libra is to “enable a simple global currency and financial infrastructure that empowers billions of people”. The announcement has sparked fears that Libra could be a threat to […] … learn more→