Blockchain technology is continually reshaping the financial industry, offering promising transformations in transaction processing. Its potential is immense, as outlined in a recent report by digital payment network Ripple in collaboration with the United States Faster Payments Council (FPC). The report presents a robust case for blockchain’s role in expediting payment systems and the ensuing…
Bank of America released their latest crypto report this week, as Bitcoin returns north of $50K. BofA strategists Alkesh Shah and Andrew Moss described the crypto market as “too large to ignore” and that “there could be more opportunity than skeptics expect.” Let’s take a bird’s eye view on key findings from the 140+ page…
The DeFi space rose to incredible heights all throughout 2020 but could have come to a roaring peak over the summer months. Assets like Yearn.Finance (YFI), Uniswap (UNI), or Aave (LEND) are all on the ropes, and related Ethereum-based decentralized finance tokens have fallen 60% across the board. But despite the drawdown already, one sharp-eyed…
The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of crypto and finance are finally…
A massive outage on Facebook and Instagram revealed hidden “tags” given to users photos on the popular social media platforms – tags that are used by the company to market to its users. It also may have revealed how their Libra cryptocurrency will become a Trojan Horse into user data. It’s to no surprise that…
Facebook's plan to launch a global currency to serve the world's unbanked is already facing severe scrutiny over how it will be used, with European officials claiming it risks becoming a "shadow bank". France's Finance Minister Bruno Le Maire called for central bank governors to make assurances that the new Libra cryptocurrency will face appropriate regulation…
Dogecoin (DOGE) was based on the Shiba Inu meme, and released on December 6th, 2013, making it one of the oldest coins in existence at 4.8 years old (or 33.6 in DOGE years). DOGE has an available coin supply of 116.12 billion, one of the highest among all coins, and a market cap of US$756…