open-source software and blockchain technology company Algorand has opened it’s TestNet to the public at large. Backed by an initial $66 million in invested capital from a distributed group of global investors, the Algorand protocol was designed by MIT professor, cryptography pioneer, and winner of the prestigious Turing Award, Silvio Read More
Bitcoin Still The Father (and Mother) of Market Bubbles
The recent crypto market has only imbued long-time Bitcoin cynic, economist Nouriel Roubini, with more strength. In a recent interview, the Stern School at New York University professor, also known as Dr. Doom due to his relentless cynicism towards certain markets, explained Read More
The price of bitcoin closed the week on a softer note, dropping by four percent versus last week’s close to around $6,300.
Bitcoin’s correction was caused by “Dr. Doom” Nouriel Roubini’s statement in front of Congress where he called the cryptocurrency sector “the mother or father of all scams and bubbles,” Read More
American economist Nouriel Roubini has prepared his “debunking” of the crypto and blockchain space in a 30-page testimony set to be delivered at a U.S. congress hearing.The hearing will be held today, Oct. 11 by the U.S. Senate Committee on Banking, Housing and Urban Affairs, and is devoted to "Exploring Read More
American Economist Nouriel Roubini has stated that cryptocurrency is more centralized than North Korea in a tweet October 7.New York University professor Roubini, better known as "Dr. Doom" for his alleged prediction of the 2008 Financial crisis, has repeatedly criticized claims that decentralized in cryptocurrency exists.In his tweet today, the Read More