Bitcoin

Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event

1 Mins read


Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral EventJustin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About […]

Source link

Related posts
Bitcoin

M^0, Mountain, Anemoy to Power Treasuries Vaults on Plume, via Nest Staking Protocol

2 Mins read
[PRESS RELEASE – New York City, United States, December 26th, 2024] Nest, the flagship staking protocol for real-world assets (RWAs) on Plume,…
Bitcoin

Russia’s Strategic Shift to Bitcoin for International Trade

3 Mins read
Russian Finance Minister Anton Siluanov has confirmed that Bitcoin is being used by the country for international trade, highlighting its potential to…
Bitcoin

Russia Explores Digital Financial Assets For Foreign Trade, Finance Minister Confirms

2 Mins read
Russia is advancing its use of digital financial assets (DFAs) for foreign trade. The country is ready to leverage new legislation to…

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *