World reserve currencies: Is the US Dollars’ days numbered? June 30, 2020 “Every dog has its day” is an expression believed to have come from 405 BC when a Greek playwright, Euripides, was mauled and killed by a pack of dogs. An analogy to this tale could be the US Dollar. Is the end nigh? Has the mighty Greenback ‘had its day’? Having been on the boards [...]
Crypto AM Shines its Spotlight on PlutusDeFi June 30, 2020 | Sponsored PlutusDeFi completes US$1 million fundraise as work begins to create the first “DeFi full stack” platform. PlutusDefi has never had small dreams. To us, Decentralized Finance “DeFi” is a belief in absolute freedom. Every other DeFi project or start-up is a half-step towards truly taking control away from corruptible centralized bankers and financial institutions and [...]
Explanation of DeFi staking and the importance of Ethereum 2.0 June 30, 2020 The financial world is changing at a pace never before seen in history. These new instruments are being developed and made available to anyone willing to explore the space and to serve a wide variety of needs. Investment in Decentralised Finance (or DeFi) has spiked to 1.5bn USD in assets locked. These assets are in [...]
Your Fiat is worthless. Here’s why. June 30, 2020 The Association of Certified Fraud Examiners will be adding an additional US$2.1 Billion to its next Report to the Nations when its published. The Wirecard fraud is an illustration of only one of an army of termites that is ceaselessly eating away at the foundation of the global financial system. The allegation that EY, Wirecard’s [...]
New frontiers: technology and dispute resolution June 30, 2020 One of the cornerstones of dispute resolution is that it should be conducted efficiently and cost effectively. Given the increasing pressure on lawyers to adhere to this, together with the increased volume of disputes, lawyers in this field have had to leverage legal technology to achieve case efficiencies, as well as grapple with disputes that [...]
Future of Finance: Community-Centric Wealth Management For All June 30, 2020 Growing up in the 80’s Anthony and I were dreamers of unicorns, cyborgs and other magical creatures. As young adults working in the financial industry, we were told to stop dreaming and to just execute. But how can you innovate if you are not allowed to think outside the box? After a decade of learning [...]
Censorship – Can Blockchain Help? June 30, 2020 Freedom of speech is a passionate issue for many people. And the threats of censorship are more evident today than ever before. What solutions are available from the blockchain community? And what does it potentially mean to have a censorship-resistant platform? Numerous blockchain projects exist offering to address the issues of censorship. These include messaging [...]
Ethereum transactions rise as decentralised finance keeps growing June 30, 2020 | Sponsored This week the price of Bitcoin (BTC) dropped steadily from a near $9,600 high to a low below the $9,000 mark before it started recovering. The cryptocurrency is now trading at $9,120, as it’s still range bound looking to stay above $9,000. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week trading close [...]