While Bitcoin (₿) is the most famous cryptocurrency, it is only one of approximately 2,000 cryptocurrencies in circulation today. All of the heavily traded cryptocurrencies are powered by some version of a distributed ledger (blockchain), and each has at least one unique attribute that differentiates it. Here's an overview of 5 popular cryptocurrencies and how they compare to Bitcoin.
Shelly Palmer talks with Richard Quest and David Wachsman on CNN’s Quest Means Business about Bitcoin price crash.
Blockchain, the underlying technology that powers bitcoin, is one of the buzzwords of the past year. Practically everyone is talking about blockchain, and for good reason. Distributed ledgers, the term of art for blockchain’s underlying technology, offer an exciting new way to transact business without a central authority. Here’s a nontechnical, simplified description of the component parts.
An ICO is similar to an IPO (initial public offering) in that it offers a certain amount of ownership in a company to the public. In an IPO, a share of stock represents fractional ownership of a corporation. In an ICO, a crypto coin represents a percentage of ownership in pretty much any business endeavor offered by pretty much anyone. This lack of regulation and oversight allows for quick growth, pivots, and innovation but it also comes with a brand-new risk profile – which is both exciting and terrifying!
Shelly Palmer talks with Teresa Priolo and Antwan Lewis about the corrupted hub of criminal activity surrounding the dark web.