Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
At $13 billion of revenue and 800 million users in 2016, Office 365 roughly generated $20 per user. That's like Monzo, but with the user foot print of Ant Financial.
You might think the comparison is daft. But let's dig a bit deeper. Excel, and spreadsheets more generally, are the default behavior for managing personal finances. Even for financial advisors, who are supposed to be the precise niche leveraging financial planning software, Excel is the default "do nothing" option. If you are not paying for digital wealth software as an advisor, you are doing it in Excel.
For more than a week, thousands of crypto devs and eth fanatics poured into Denver for the latest ETHDenver conference.
If the government does not delay, 2022 is the year that Washington gets serious about crypto.
The crypto firm enables users to buy and sell crypto, earn credit rewards on their accounts, and send money peer-to-peer: it will open up the Mastercard network to the cryptocurrency world.
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!
Mercado Libre launched Mercado Coin, its first-ever token that will be initially available in Brazil as part of its loyalty program.
Crypto offers too many benefits to throw it out as a payment mechanism. Let's look at the challenges vexing the payments industry today.
In the wake of the eth merge, speculation of skyrocketing value has been forgotten, and a divide in the community gaped open.
This week, we look at:
M&A in decentralized finance, focusing on the Yearn protocol and its targets Pickle, Cream, Akropolis
The motivations behind such M&A, and where economic value collects
The importance of community and security, creating increasing returns to scale