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  • The Basics of Cryptocurrency: How It Works and Why It Matters

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    Cryptocurrency is a digital asset that can be used for investment and payment. It is based on blockchain technology, which makes it a secure and transparent system. It can also be transferred across borders more quickly and cheaply than wire transfers. Click Cryptsy for more information. Many people are fascinated by cryptocurrencies, but it’s important…

  • The Aftermath of Cryptsy: How Investors Were Affected and What They Can Learn

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    In May 2013 Cryptsy launched a Bitcoin-to-altcoin exchange platform. Within two years the company grew rapidly. Miami New Times chronicled the saga of Cryptsy and its founder Paul Vernon in June 2016. Prosecutors allege that he stole millions of dollars worth of customers’ crypto assets before fleeing to China. He has not been found since.…