The Rise and Impact of Cryptocurrency on Modern Investment Strategies

The economic value of cryptocurrencies comes from supply and demand. The supply of popular cryptocurrencies is limited, and demand for them grows. Mining these currencies requires a lot of energy, sometimes as much as entire countries consume. Cryptocurrencies aren’t tied to a government or financial institution and can be moved anywhere. They are also uninsured…

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Cryptsy and the Evolution of Cryptocurrency Exchanges: A Historical Perspective

Cryptsy was a crypto-currency exchange founded in Delray Beach, Florida. According to the newly unsealed Federal indictment, the company’s founder, Paul Vernon (also known as Big Vern), stole millions of dollars worth of cryptocurrency from his customers. In response to this massive theft, Cryptsy has suspended trades and withdrawals and reportedly owes its users money….

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