Revolut continues its crypto expansion, receiving the regulatory nod from Cyprus to create a crypto hub to serve its 17 million EU customers.
The regulatory landscape for US crypto companies continues to remain unclear so headquarters are moving. Tech talent may go with them.
Bitcoin's growing e-waste issue is even more concerning that its bloated energy consumption. Unlike the energy, it's not yet being addressed.
Let’s do some math homework. It’s good for you:
The Federal Reserve money movement system broke for several hours. We look deeply into its volumes and transactions, and value it like a Fintech unicorn.
The Ethereum ecosystem is throwing around as much volume in settlement as the Fed check processing system. We explore scalability barriers and solutions.
Can eCommerce fit into our emerging infrastructure? We anchor to the market numbers in China and the United States.
Things break.
Sometimes the things that break are the US Federal Reserve ACH service, Check 21, FedCash, Fedwire, and the national settlement service. They were down for a few hours — discovered at 11AM on Feb 24th and still in trouble at 3PM that day. Everything is now up and running again.
In the long take this week, I revisit decentralized finance, providing both an overview and 2019 update. The meat of the writing is the following long-range predictions for the space in the next decade -- (1) the role of Fintech champions like Revolut and Robinhood as it relates to DeFi, (2) increasing systemic correlation and self-reference in the space, which requires emerging metrics for risk and transparency, and (3) the potential for national services like Social Security and student lending to run on DeFi infrastucture, (4) the promise of pulling real assets into DeFi smart contracts and earning staking rewards, and (5) continued importance of trying to bridge into Bitcoin. Here's to an outlandish 2020!
The SEC's filing against Coinbase was expected, but might be the beginning of the end to their years of crypto regulation avoidance.
Paradigm, a zero-fee liquidity network for crypto trading, launched one-click futures spread trading on FTX on Friday.
Some newbies were caught off guard by the crypto bear's timing, but they shouldn't have been, says Lemniscap founder Roderik van der Graaf.
For more than a week, thousands of crypto devs and eth fanatics poured into Denver for the latest ETHDenver conference.
Unreliability of blockchain networks and node downtime could restrict mass adoption of DeFi. Metrika could provide essential support.