How valuable is the right to vote on the rules that govern a cryptocurrency? With intense focus on the price of cryptocurrencies, another asset — governance tokens — offers investors […]
Currency
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Back to news homeCryptocurrency Seeks the Spotlight, With Spike Lee’s Help
Some celebrity endorsements of cryptocurrencies have run into trouble. In 2017, the Securities and Exchange Commission cautioned that some famous people were hyping the virtual currency sales known as initial […]
China Moves to Tame Inflation Before Prices Rise Too Much
SHANGHAI — Prices are jumping in the United States and around the world, prompting growing warnings that a wave of inflation could threaten the global economy if it persists.China isn’t […]
Lebanon’s Financial Collapse Hits Where It Hurts: The Grocery Store
BEIRUT, Lebanon — In normal times, Ziad Hassan, a grocery store manager in Beirut, would get a daily email from his chain’s management telling him which prices needed to be […]
As Bitcoin Prices Swing, Millionaires Lose Sleep Over Lost Keys
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.The password will […]
China’s Stronger Currency Could Be a Fig Leaf for Biden
HONG KONG — China’s economy has come roaring back from the depths of the coronavirus pandemic, and its currency has joined the ride.The currency, known variously as the yuan or […]
Bitcoin Climbs to Record High
Bitcoin is back. Again.Nearly three years after it went on a hair-bending rise and hit a peak of $19,783, the price of a single Bitcoin rose above that for the […]