Data from cryptocurrency trading simulator Crypto Parrot has found that cryptocurrency traders on Bitfinex and BitMEX lost $US13.47 billion in 2020. The data found that $US9.26 billion of long positions and $US4.21 billion of short positions were liquidated over 2020. Crypto shorting is a bet that the price of a certain crypto asset will fall, […]
Cryptocurrencies have had a rocky road towards mainstream acceptance. In 2017, the CEO of JP Morgan, Jamie Dimon, called bitcoin “a fraud”. However in 2019, JP Morgan became the first US bank to successfully test its own digital coin. The growth of digital currency has enthralled investors. Bitcoin, the world’s largest cryptocurrency by market […]
INVESTORS now have an opportunity to indirectly invest in cryptocurrency assets following today’s launch of the Helio Secured Income Fund – a regulated Managed Investment Scheme with an Australian Financial Services Licence. The new arm of Helio Lending is an Australian, unregistered, open-ended unit trust open to Wholesale Clients with a minimum investment of $50,000. […]
Fortnightly column on cryptocurrency.
Fortnightly series on Cryptocurrency.
Fortnightly cryptocurrency series with Dr Prash.
How to gain investor’s confidence in cryptocurrency.
Cryptojacking – where cybercriminals hijack CPU power and electricity from unsuspecting computer users to mine cryptocurrencies – can cripple a company’s network, increasing their costs and reducing productivity, warns Fernando Serto, Head of Security Technology and Strategy at Akamai Technologies (APAC). “The idea behind crypto mining on end user devices was originally conceived as a […]
Although we have come a long way as a society when it comes to our currency system, our agreed upon form of exchange for goods and services continues to evolve. Business is increasingly done online, and transactions are rarely face-to-face or finalised with a solid handshake. Plus, the way we pay for services has changed […]
