Tag: risk
Last month the owner of Bitcoin arbitrage service Bitcoin Trader, John Carley, suddenly announced the service would be closed down, after which he disappeared into the ether.
On October 20, 2014, cryptocurrency exchange mcxNOW announced that it had lost 350 million Dogecoins, worth about $85,000 today.
Despite the risk management tools already available to merchants that accept cryptocurrency payments, financial derivatives may still offer added value.
One group of participants in the cryptocurrency ecosystem to whom financial derivatives may be particularly useful are miners.
Earlier this month, Chinese cryptocurrency exchange OKCoin announced it was launching Bitcoin Futures trading. It is one of many financial derivatives making its way to cryptocurrency markets.
