Categorie
Cryptocurrency Technology

Bank of England warns on crypto-currency risks (BBC News)

Although not much of UK households’ wealth is currently held in assets such as Bitcoin, they are becoming more mainstream, said deputy Bank governor Sir Jon Cunliffe.

If their value fell sharply, it could have a knock-on effect, he said.

Bank of England warns on crypto-currency risks – BBC News

Categorie
Cryptocurrency Technology

Coinbase mistakenly told some customers they were billionaires (Jack Morse, Mashable)

For a brief moment, their worlds had changed.

On Tuesday afternoon a Coinbase “display issue” changed the balances of an untold number of customers’ accounts — making many of them billionaires in the process. Billionaires on paper, that is, because as Coinbase hastily pointed out in a statement on Twitter, no real trading was affected by the glitch.

A Coinbase ‘display issue’ glitch showed incorrect customer wallet balances (mashable.com)