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Risks of Centralized Stablecoins Materialize as 100k USDC Frozen


Centralized stablecoins may be about to face more scrutiny from the crypto community after it was revealed yesterday that USD Coin (USDC) issuer Centre has frozen an address holding USD 100,000 worth of the stablecoin. The actual blacklisting of the address occurred back in June this year, and...

Ripple Chief: US Risks ‘Chaos’ by Letting China Win Blockchain Race


Ripple executive chairman and co-founder Chris Larsen has warned Washington to “get a lot more involved in blockchain,” stating that the United States is “slow to the game” – and is allowing China to pull ahead in the race to digitize finance. In a video conversation with Wall Street Journal...

5 Ways to Reduce Risks for Customers in Case Bitcoin Exchange Fails


Amending laws to accommodate the nature of cryptoassets, tracing on-chain transactions, and prohibiting the re-use of deposited bitcoin (BTC) are some of the ways to reduce risks in case a custodian sinks, according to researchers from the Netherlands' Leiden University. Their recent paper looks...

Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode


Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or...

IMF Deputy Managing Director Tao Zhang on CBDC Benefits and Risks


Below is a keynote address on central bank digital currency by Tao Zhang, Deputy Managing Director at the International Monetary Fund. London School of Economics, February 28, 2020. ___ Tao Zhang. It’s a real pleasure for me to be here for this conference on China’s Trade and Financial...

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