The Federal Reserve Bank of Philadelphia has published a paper titled, Central Bank Digital Currency: Central Banking for All?; in...
Leading bankers claim that consumers are gravitating towards big, stable institutions during the financial crisis, reversing a decade long trend;...
The Federal Reserve has finally opened up the Main Street Lending Program for registration; this is the program targeted towards...
According to the The Federal Reserve’s 2016 Survey of Consumer Finances the median net worth for Black households was only...
This week, we cover these ideas:
Crypto prices show increasing correlation in market swings, which hides the large substantive differences between projects
The core narrative of Bitcoin, and its fundamental indicators
The core narrative of Ethereum and Web3, and its fundamental indicators
A sanity check on potential market caps relative to gold, equities, and other assets
The Federal Reserve made several changes to the Main Street Lending Program on Monday that should result in more businesses...
When China’s Aggressive Debt Collectors Come Knocking: ‘You Committed a Sin’ After being acquired by SoFi, Galileo’s Clay Wilkes looks...
We are living in times of extremes, particularly when it comes to economic data, and this is reflected in the...
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.
While America remains the richest economy in the world it is also the one where it is the most expensive...