Joseph Young is a finance and tech journalist based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering exclusive content, interviews, insights and analysis of cryptocurrencies, innovative and futuristic technologies.
Posted August 10th, 2017.
By definition, a safe haven asset is an investment that is expected to retain its value or even increase its value in times of market turbulence. Because of bitcoin’s decentralized nature, bitcoin has long been considered as a safe haven asset, with many investors describing the digital currency as “digital gold.” In 2016, gold recorded...
Posted August 6th, 2017.
On August 1, Bitcoin Cash (BCH), a hard fork proposal led by Chinese bitcoin mining pool ViaBTC, was forked and hours later, ViaBTC mined the first BCH block. BCH, which was initially developed by a bitcoin mining equipment manufacturer, struggled to gain acceptance from the industry, exchanges and businesses. As a result, its market cap...
Posted July 22nd, 2017.
Investors in initial coin offerings (ICOs) should take necessary precautions when sending Ether, the native token of Ethereum, to ICOs due to potential hacking attacks and security breaches. Coindash Hack, $7 Million in Losses Recently, Coindash, a Blockchain-based trading platform, which was set to raise $12 million in its ICO, had over...