Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]
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Central banks affect decentralized finance, and decentralized finance affects central banks. Which could benefit from this ideological war? Philip Coggan, a British business journalist and news correspondent who writes for The Economist, once mentioned, “Modern money is debt and debt is money.” Few would disagree with this claim. Yes, the vast majority of money circulating […]
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China’s Internet Finance Association’s latest survey applauds blockchain development across the country. A recent survey by China’s National Internet Finance Association of China (NIFA) has found that blockchain technology is gaining a solid footing. On April 14, Chinese local news platform Sina reported the results of the latest blockchain survey conducted by the National Internet […]
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Decentralized finance, commonly referred to as DeFi, has changed dramatically in a short time span, and more changes are to come this year. Newcomers to decentralized finance, or DeFi, would be hard-pressed to believe how much the industry has grown, changed and matured in just over a year. At the end of 2018, Maker returned […]
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The crypto community should be ready for the inevitability of quantum computing: It’s not as distant a future as it might seem. The topic of quantum computing has been steadily gaining interest within the cryptosphere, particularly so over the past 12 months. Given the heightened curiosity and concern, it is worth resolving some open questions […]
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The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date. The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the […]
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China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by […]
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As crypto regulation is accepted in UAE blockchain projects could stand to benefit. The Securities and Commodities Authority (SCA) in the United Arab Emirates has drafted a resolution on regulating crypto assets, providing greater clarity for crypto-related projects in the Middle East nation. With the focus usually on China, Japan or the United States, the […]
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The age-old strategy of arbitrage capitalizes on price imbalances between markets — but how does it work in the cryptocurrency world? So, is crypto arbitrage worth the effort? The jury is out on this one. People who have plenty of experience in the marketplace — and know how to identify an opportunity when they see […]
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Sources offer increasingly different outlook for Bitcoin price by 2020, with technical analysts more bearish. Bitcoin (BTC) price fell below $10,000 again on July 26 amid mixed conclusions about where markets are likely to go this year. Market visualization. Source: Coin360 Bitcoin price headed to $7,000 or $20,000? Data from Coin360 showed renewed selling pressure […]
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