How DeFi promises to transform financial services September 15, 2020 Thus far, 2020 hasn’t been the best of years for many. But for decentralised finance, or DeFi, 2020 has been a period of stratospheric growth, with the total value locked in rising from under $1bn, to just under $8bn today. Although still very much in its infancy, the popular ecosystem is rapidly transforming the face [...]
The Bloodbath – fancy a sip? September 15, 2020 Ever watched a vampire movie? There’s always this old and wise vampire that is leading the pack. He is slowly sucking innocent people’s blood and even other vampires can not withstand or challenge him. Up until then his confidence (or arrogance) becomes his enemy, and a new breed comes to take over his place. We [...]
Finance, but make it decentralised September 15, 2020 I was a law student at the University of Helsinki when I discovered the Ethereum blockchain, and I was immediately drawn to the community and what people were building. I did some coding as a teenager, and I have always been interested in finance, so I began to apply how the permissionless system of smart [...]
The Crypto Circus: Has the DeFi Carnival Begun to Pack Up it’s Tents? (Part 3) September 15, 2020 If there is one thing for sure, nothing in crypto moves slowly. Everything happens at breakneck speed: The booms AND the busts. DeFi is not an exception – It’s just another iteration that proves the point. As of this article’s publication, there is some $8.26Bn worth of ETH locked up in various DeFi projects. And [...]
Crypto Derivatives Monthly Volumes Hit New All-Time High September 15, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $10,100 to a $10,540 high before enduring a minor correction. The cryptocurrency is trading at $10,340 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week around $340 and moved up throughout it until it hit a $380 [...]
M&A sprees are addictive… and they cause me to sell, sell, sell September 15, 2020 | City Talk Aswath Damodaran has a blunt message for companies considering an acquisition: “Don’t do it.” “I firmly believe that acquisitions are an addiction, that once companies start to grow through acquisitions, they cannot stop,” Aswath Damodaran, Professor of Finance at New York University Stern School of Business, told the audience at the CFA Institute Equity Research [...]
Timing a Token Launch September 11, 2020 It’s March 2020. Countries across Asia are closed for travel and movement. Italy has come under the global spotlight because of its strict and indefinite lockdown period. Spain isn’t far behind. The world is becoming alert to a new, deadly virus and supermarkets are being overrun by panic buyers. Economists are predicting a formidable depression [...]