PYMNTS

SEPTEMBER 16, 2016

Also, high capital costs of the latest mining facilities and systems are creating a barrier to entry for new miners. The concentration of bitcoin mining increases the likelihood miners will collude to attack the blockchain, and as profitability goes down, fewer miners will operate and existing incumbents will consolidate.

Currencies 77

Currencies Concentration Securities Banking 77

PYMNTS

NOVEMBER 28, 2016

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. banks, meanwhile, have risen in financial stability regulators’ ranks for how much of a risk they pose to the global financial system should they fail.

Banking 46

Banking Concentration Financial Systems Leadership 46

PYMNTS

APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. And in 2017, those investments were off-the-charts nuts. Most of that spend will be concentrated in the U.S.,

Banking 73

Banking Investments Concentration Accounting 73

PYMNTS

MAY 15, 2017

Its creator, the pseudonymous Satoshi Nakamoto, gave it all of the qualities of cash, but in a digital format: peer-to-peer transfer of a currency in the absence of any intermediary that is pretty much anonymous — only wallet IDs are shared. There’s only so many things you can buy on the dark web though. Back here in the U.S. —

Math 62

Math Currencies Startups Concentration 62

PYMNTS

OCTOBER 16, 2017

It’s a storyline with some very strong parallels to the cryptocurrency stories being told and the investments that they now garner. These early advocates have stimulated a vast amount of investment into this vision; $1.7 billion has been invested into bitcoin/crypto-related ventures over the last eight years.

Currencies 71

Currencies Concentration Financial Systems Investments 71

PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. The end of this month, Oct.

Currencies 85

Currencies Concentration Financial Systems Leverage 85