Particularly, we provide a detailed overview on the main risks to be considered by crypto-traders, namely, technology, fraud, legal, market, liquidity, and COVID-19 pandemic risks. The main findings show that the occurrence of any technological failure tends to rise insecurity and distrust in the cryptocurrency technology.
The passwords stolen were encrypted, but the hackers succeeded to decrypt and publish them online. This incident demonstrates one of the key vulnerabilities of Bitcoin and other cryptocurrencies. Cryptography-secured and blockchain-powered currency may be highly secure, but the intermediaries are not.
Risks Of Crypto When Transferring Money One of the common risks when transferring money is that of theft, using phishing websites or malware that replaces the recipient’s wallet address in the clipboard with another one. Another potential issue is losses caused by errors in the address. How to mitigate the risk:
Cryptocurrency: Risk management overview - WTW www wtwco com/-/media/WTW/Insights/2019/01/cryptocurrency-risk-management-overview modified=20190122181644 Cryptocurrencies have carried plenty of risk and risk management concern since the first digital currency Bitcoin was introduced to the public
Cryptocurrency: Speculative Risks - Mourant www mourant com/file-library/media---2022/cryptocurrency--speculative-risks pdf Investing in cryptocurrency or other digital assets is not without its risks not least because of this changing and patchy regulatory space but also the
CRYPTOCURRENCIES: TRENDS RISKS AND REGULATION www cbr ru/Content/Document/File/132242/Consultation_Paper_20012022_eng pdf 20 jan 2022 Cryptocurrency exchange rates are highly volatile and cryptocurrency transactions involve a considerable number of frauds Hence people risk
Harneys Insight: Cryptocurrencies: risk and recovery www harneys com/media/juff4g2g/legal-insights-harneys-insight-cryptocurrencies-risk-and-recovery pdf Cryptocurrencies: risk and recovery The risk of falling victim to fraud along with the highly volatile prices have given crypto a reputation for being
Common Risk Factors in Cryptocurrency www nber org/system/files/working_papers/w25882/w25882 pdf Common Risk Factors in Cryptocurrency Yukun Liu Aleh Tsyvinski and Xi Wu NBER Working Paper No 25882 May 2019 JEL No G12 ABSTRACT
Risks and Returns of Cryptocurrency www nber org/system/files/working_papers/w24877/w24877 pdf We establish that the risk-return tradeoff of cryptocurrencies (Bitcoin Ripple and Ethereum) is distinct from those of stocks currencies and precious
Cryptocurrencies in the global space: factors and prospects of www shs-conferences org/articles/shsconf/ pdf /2019/08/shsconf_NTI-UkrSURT2019_06031 pdf The article considers the place of cryptocurrency markets in the global economy The key risks of active implementation of IT achievements in the financial
UNCTAD Policy Brief: Public payment systems in the digital era unctad org/system/files/official-document/presspb2022d9_en pdf To mitigate the financial stability and security-related risks of cryptocurrencies monetary authorities should provide digital payment options to ensure