Ram Ahluwalia believes there are plenty of layers to peel off the FTX onion, but the reasons for some recent actions may be straightforward.
DeFi is positioned to boost our economy by reducing our reliance on an antiquated and expensive jumble of legacy payment systems.
With a message on Twitter and complaints of locked accounts, Crypto.com announced it was the first significant exchange hacked in 2022.
Nicolas Veerecke from BITKRAFT and Mauricio Magaldi, at 11:FS, spoke about the frosty times of crypto winter during market turmoil.
The crypto world was buzzing with the news of ethereum's successful shift to PoS. But what actually is staking? And why is it significant?
As part of Innovate Finance's IFGS 2022 event, John Glen MP, Economic Secretary announced a groundbreaking government approach to crypto-assets, blockchain and distributed ledger technology, letting innovation guide the way.
The principle behind Mastercard’s CipherTrace acquisition, L1 growth, and IRS getting your bank data
Paying attention is the path to seeing and doing. Mastercard has bought CipherTrace to see blockchain-based finance, to launch new businesses, and to plug in more networks into its nexus. The crypto networks proliferate at every layer, creating more computation on Ethereum, Polygon, Arbitrum, Optimism, Fantom, and Solana. The US executive seeks to see more too, asking the banks for their records of financial transactions to enforce taxation compliance.
But nothing feels fundamentally different. Yes, we have some new brands that live on our phones. But when sliced across deposits, volume, or assets under management, the public companies still do the lion's share of the financial work. With open banking, incumbents are likely to win even more, powering Apple's credit card for example. The core reason for this, I think, is that Fintech has democratized access to existing financial products. It has not really changed how those products are manufactured. Only by transforming how things are made and the value chains to deliver them can you build the Google, Netflix, Spotify, or Uber of the next generation.
The Walmart Litecoin fake post brought the coin price from $175 up to $231.
Someone, or a group of people, likely made a lot of money on a pump and dump. According to Coinmarketcap, the coin's trading volume tripled from $2.4 billion to $6.3 billion in the hour after the article went live.
In this conversation, we talk with Mike Belshe, CEO of BitGo and expert technologist about custody, prime brokerage, and the evolution of the institutional digital asset industry.
I often mention that crypto is still all about capital markets trading (i.e., manufacturing) and not about wealth management (i.e., distribution). This conversation touches on where we are in the maturity of market infrastructure, the role of fiduciaries, and the path forward. If you are sitting in a RIA, investment fund, or other asset manager, pay attention!