Special Report | The Cryptocurrency-Asset Bubble — World Economic Forum Davos 2018

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Valuations of bitcoin have reached unprecedented highs, and there are now close to 1,000 different crypto-assets on the market. Are these assets finally coming into their own or are they the seed of the next financial crisis?

This session was developed in partnership with Yicai.

· Neil Rimer, General Partner and Co-Founder, Index Ventures,
Switzerland
· Jennifer Zhu Scott, Principal, Radian Partners, Hong Kong SAR; Young Global Leader
· Robert J. Shiller, Sterling Professor of Economics, Yale University, USA
· Cecilia Skingsley, Deputy Governor, Swedish Central Bank (Sveriges
Riksbank), Sweden

Moderated by
· Yang Yanqing, Deputy Editor-in-Chief, Yicai Media Group, People’s
Republic of China

Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days.

CARACAS, Jan. 31 (Xinhua) — The Venezuelan government Wednesday published a white paper with rules governing its new cryptocurrency, the petro.

BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day only on Tuesday.

Exchanges such a BitOasis have received a lot of applications for verification as interest in cryptocurrency increased in the GCC region in the past year.

For the uninitiated, blockchain technology can be confusing. This must have been quite evident for anyone who first started reading about the rise of Bitcoin during the past several years.

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