Author - Adam Gardiner

About Adam Gardiner:

cryptocurrency theft

Just How Big a Problem Is Cryptocurrency Theft?

When famed bank robber Willie Sutton was asked why he robbed banks he replied, “Because that’s where the money is.” With a financial system that is increasingly electronic, the money is more and more often no longer stored in banks, instead it’s stored online. So it’s no surprise that criminals continue to go to where […]

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bitcoin hacker

How to Keep Your Bitcoin Safe From Hackers

It probably shouldn’t be too surprising to most people that hackers are the number one threat in the cryptocurrency world. Hacking was a problem even when Bitcoin wasn’t terribly valuable, with Mt. Gox having been a victim from 2011, when Bitcoin peaked at over $30, to 2014, when the hack was finally brought to light […]

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bitcoin venezuela

Venezuela’s New National Currency to Be Backed by Cryptocurrency

In response to the hyperinflation and devaluation of the Venezuelan bolivar, the Venezuelan government has announced that it is creating a new national currency, the bolivar soberano (sovereign bolivar), which will replace the existing bolivar fuerte (strong bolivar). The new national currency will be pegged to Venezuela’s oil-backed cryptocurrency, the petro. This is the first […]

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bitcoin

How Many People Wish They Had Invested in Bitcoin Earlier?

History is full of examples of people who wished they had gotten in on a good investment before it hit the big time. From men who wished they had held on to their Mickey Mantle rookie cards rather than sticking them in the spokes of their bicycles, to those who wished they had invested in […]

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bitcoin

Stablecoin: Is It Such a Good Idea?

Another “stablecoin” has launched recently, with American multinational company IBM providing significant amounts of support. The idea behind a stablecoin is to produce a cryptocurrency that has a stable value. In this case the new cryptcurrency, USD Anchor, will have its units backed by US dollars. Those dollars will then be held in FDIC-insured accounts, […]

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litecoin

Litecoin Moving Into the Banking Arena?

The Litecoin Foundation has recently taken a step into the financial services world by taking a 9.9 percent stake in a German bank. The acquisition of that stake in the bank was undertaken in cooperation with a crypto startup called TokenPay. TokenPay is a Swiss company that seeks to establish a cryptocurrency payment platform that […]

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bitcoin ico

Bitcoin Is Superior to ICOs

As cryptocurrencies have become ever more popular over the past couple of years, more and more entities have become involved in issuing cryptocurrencies and digital tokens. One of the most popular methods recently of getting into the cryptocurrency market has been through initial coin offerings (ICOs). ICOs have gained the attention of both investors and […]

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bitcoin prices

Are Decentralized Exchanges the Future of Cryptocurrency?

In one of the ironies of the growing popularity of cryptocurrency, the technology that gained popularity because of its decentralized nature is now being traded largely on highly centralized exchanges. Bitcoin was designed to combat many of the negative aspects of government fiat currencies, one of the most important of those being centralization of issue. […]

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Nearly 90 Percent of Cryptocurrency Executives Favor Self-Regulation

A recent survey of cryptocurrency executives found that 86 percent of them favor industry self-policing through development of common standards, and 89 percent favor formalized self-regulation. As regulators around the world begin to take a closer look at cryptocurrency exchanges, wallet providers, and other businesses providing products and services to the cryptocurrency industry, self-regulation offers […]

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south korea cryptocurrency

South Korean Regulators Launch Investigation Into Bithumb Hack

South Korean cryptocurrency exchange Bithumb found itself the victim of a hack last week, with hackers making off with around $30 million in funds. Bithumb at the time was the world’s 6th-largest cryptocurrency exchange but has since fallen to the 11th-largest. Once the theft was discovered, the exchange temporarily halted all deposits and payments as […]

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