Wall Street

Goldman Sachs CEO Slams Crypto Currency Cynics

CEO of investment giants Goldman Sachs, Lloyd Blankfein, has hit out at cryptocurrency cynics who believe that cryptocurrency is just a fad. Lloyd voiced his opinion at the economic club of New York conference. Lloyd has long held that cryptocurrency was yet to become a major asset class but must be considered as emerging asset […]

Cryptocurrency Wall Street

The Irony: Goldman Sachs is Coming on Board with the Bitcoin Trading Operation A Decade After the 2008 Financial Crisis

It is interesting to note that one of the primary reasons Bitcoin started was due to the financial crisis of 2008. The downfall of Lehman Brothers in September 2008 followed by the huge bailouts using taxpayers’ money has completely highlighted the shortcomings of financial institutions and its infrastructure. “In decentralization we trust” has become the […]