The argument set forth by Bitcoin Unlimited is that blocks are beginning to fill up, making it slower for people’s transactions to process. In turn, the argument is that fees are rising as well,... Read More
If you think governments essentially are nefarious institutions, and that the Bitcoin proof-of-work ledger could be a powerful tool in liberating the economy from their grip, you may be right. But if ... Read More
An ideal decentralized authentication system should allow users to verify transactions by opening the client willingly, otherwise it is not sustainable. A motivation mechanism is set in PoS, n... Read More
The Bank of England has devoted two papers to the rise of digital currencies. It's another demonstration of Bitcoin's transformation from niche cyber-libertarian intrigue to a subject of ... Read More
The statistic is one of several nuggets from a Credit Suisse report on how the bank uses technology, following a conversation with chief information officer Marty Chavez.
In 2000, Goldman Sachs had... Read More
Central Bank Digital Currency Brings Wider Access: Bank of Japan
A blockchain-based central bank digital currency issued to the public would allow wider and unrestricted access to payment and settlement systems, the deputy governor of the Bank of Japan said earlier
Levine on Wall Street: Bank Troubles and Oil Worries
JPMorgan had earnings.
It's a miss, $1.19 per share versus $1.31 estimates, with fixed-income revenue down in part because of the sale of the commodities unit, and in part because, you know, tradin
Levine on Wall Street: Capital Raises and Stress Tests
Deutsche Bank is raising some money.
Yesterday it announced that it's raising about 8 billion euros of common equity capital, mostly from an underwritten rights offering but also 1.75 billion euros
Cool Derivatives and Bank Consultants
I used to sell equity derivatives, and the way you sell equity derivatives is by telling scary stories about the future. Are you worried that the crisis in Ruritania will wreak havoc on your