As far back as the beginning of civilization, centralized ledgers have been the answer to solving trust issues, said Michael Casey, chief content officer at CoinDesk, in a keynote presentation during the Canadian Investment Review’s Investment Innovation Conference in November. The first form of writing ever recorded was a ledger on a Sumerian tablet dating […]
Pandemic-related shifts in how people shop, sending more people into cyberspace than a physical space, means central banks must speed up work on creating their own digital currencies, says a top Bank of Canada official. The coronavirus has meant more people are shopping online, and foot traffic for brick-and-mortar storefronts hasn’t caught up to pre-pandemic […]
As crypto currency gains further traction in the global marketplace, do institutional investors have a fiduciary responsibility to examine its potential? Perhaps the answer lies in Bitcoin’s performance relative to other, more traditional asset classes, suggested Elisabeth Préfontaine, founder of Octonomics, at an event hosted by the Global Risk Institute in Toronto on Wednesday. “When […]
Institutional investors appear to be making some tentative forays into the world of cryptocurrencies. A research note published by investment firm Cambridge Associates said it may be time for institutional investors to begin exploring and familiarizing themselves with the asset class, stating, “we see an industry that’s developing, not faltering.” As well, a survey of institutional investors […]
As with any new investment, there are always risks that have to be carefully weighted before proceeding. The recent failure of cryptocurrency exchange QuadrigaCX (QX) is certainly upsetting for those who may not recover their money. QX is an exchange where individuals can buy Bitcoin or other cryptocurrencies and store them in a wallet. Cryptocurrencies are […]
Coverage of the Investment Innovation Conference
But what exactly is blockchain? And how does it relate to bitcoin?
Ethereum Capital will fund enterprise applications
Cryptocurrencies shed $268 billion in market cap in just a few days.
I have been watching Bitcoin’s price advance with trepidation. In just six months its value has quintupled and it has risen more than tenfold since last December. It started 2017 at just below $1,000 and by the end of November it hit $11,000, proceeding to surpass $16,000 a few days later. This, to me, is reminiscent of […]