Big money is already in crypto markets, but we’ve only just reached the tip of a slow moving iceberg August 19, 2020 Announcements have becoming fast and furious about traditional financial firms investing in digital assets or crypto startups; so often, in fact, that blink and you’ll miss’em. Hedge funds and retail-focused products are celebrating major fundraises and traditional banks are leading or planning to lead investment rounds in blockchain firms. A publicly traded company has converted [...]
Technically Speaking August 18, 2020 August 1st 2012, as the trading day begins on the New York Stock Exchange, Knight Capital, the largest trader in US equities at the time, goes on a buying spree: within 45 minutes the firm buys 150 different stocks for 7 billion US dollars. There were no special circumstances to suggest such optimism – besides, [...]
Uniswap – the DeFi goldmine minting overnight (and daily) Crypto Millionaires August 18, 2020 UniSwap is a name you should know about if you are planning to get in on the current DeFi craze which seems to be defined, to an extent, by extraordinary gains and potentially extraordinary losses – YAM farming comes to mind! Gains in multiples are made in hours and days, not weeks and months like [...]
Being in the right place to do something exciting August 18, 2020 Compliance is often called the most boring job in Banking. The common misconception is that the Compliance Officer’s role is to slam down the rule book on any lucrative ideas the Bank’s employees may have. Called the “hall-monitors” of the bank, being inherently risk-averse is deemed as a necessary characteristic to work in Compliance and [...]
U.S. authorities seize Bitcoin linked to terrorist groups as billion dollar firm Bets on BTC August 18, 2020 This week the price of Bitcoin (BTC) started the week around the $11,800 mark, and after briefly surpassing $12,000 it faced a downward movement that took it to $11,200. The cryptocurrency has since been recovering and its trading at $11,870 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week at [...]
What a Venture Capitalist (VC) really wants August 18, 2020 Covid has defined radical disruptions and, more than ever before, raising private capital is under scrutiny for funding the next unicorn. The sad reality is not every entrepreneur will make it, and it’s not because they don’t have a brilliant idea. In our roles, we get candid insight from VCs on what they are really [...]