The community behind EOS is looking to right itself by renewing tech ties with the network’s OG developer, Dan Larimer, who has engineered a “mandel” hard break from the company that insiders say “burned” its $4 billion blockchain darling.Larimer, who quit Block.one – EOS’s now-estranged mother company –...
The goal of DeFi is to create an open financial market that is trustless and permissionless. Significant development and investment has been placed into the advancement of DeFi, and as financial advisors, it’s important to understand this space. Much of the technology in the DeFi space builds upon,...
Thanks to tokenization, investment opportunities that were once difficult to offer to a broad audience and that required long periods of illiquidity, such as private equity, venture capital and private real estate, can now be opened up to more investors. While the transition to tokenization will probably take...
Unlike a database of financial records stored by traditional institutions, the blockchain is completely transparent and aims to be distributed, shared across networks, and in many cases, fully public. By prioritizing transparency around transactions and how the information is stored, the blockchain can act as a single source...
Staking platform Stader Labs announced Thursdsay it has closed a $12.5 million private sale led by Three Arrows Capital, valuing the Bangalore-based company at $450 million.Staking is part of the consensus mechanism of Proof-of-Stake (PoS) protocols. Instead of relying on computers solving arbitrary mathematical problems to validate transactions...
"I've asked staff to look at every way to get these platforms inside the investor protection remit," he said.Jan 20, 2022 at 12:52 p.m. UTCUpdated Jan 20, 2022 at 1:01 p.m. UTCGary Gensler, Chair of the U.S. Securities and Exchange Commission. (Evelyn Hockstein-Pool/Getty Images) Team Valhalla
The Gemini Dollar (GUSD) is a stablecoin pegged to and backed by US dollars held in FDIC-insured bank accounts. The funds held in reserves are routinely audited by the accounting firm, BPM LLP.GUSD was created by cryptocurrency exchange Gemini, which was founded by Cameron and Tyler Winklevoss in...
El Salvador's CDS has tripled, though as shown in the chart, it’s a very illiquid, hence the very spikey price action, ADMISI's Ostwald said in an email. "As for other emerging markets, the picture is heavily divergent, depends on region, but the overall JPM EM Bond avg spread...
Mining creates fresh supply of cryptocurrencies, so it stimulates the demand for other crypto services such as exchanges and "creates a non-productive electricity expenditure, which undermines the energy supply of residential buildings, social infrastructure and industrial objects, as well as the environmental agenda of the Russian Federation," the...
BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans.The funding round was led by a number of institutional investors like Susquehanna Private Equity, CME Ventures, Simplex Ventures, C6E, Nexo Inc, and others.BlockFills aims to be a...