IMF Explains Crypto as Tether Surpasses Bitcoin and Paypal’s Daily Transfer Value September 1, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) started testing the $12,000 area once again, but moved back down below $11,200 during a correction. Since then, thanks to the Federal Reserve’s new attitude towards inflation, it has been moving up and is now trading at $11,600. Ether (ETH), the second-largest cryptocurrency by market [...]
The Crypto Circus is Back in Town! This Year’s Star Attraction? DeFi (Part 1) September 1, 2020 Roll up! Roll up! Step right up Ma’am! You too Sir, and yes, bring your kids!. The show is about to start. The most spectacular (crypspacular?) Razzle-Dazzle on the planet is just behind this curtain. Can’t you hear the crowds roar on social media? It’s our star attraction for this year. It promises access to [...]
The Race for Digital Asset Supremacy September 1, 2020 The financial services industry is in the midst of a generational transition. Where once cryptocurrencies and digital assets represented a counterculture movement, developed as a direct response to the failings of the financial system in the 2008/9 financial crash, today they have become a central part of the financial services industry. The adoption of digital [...]
Decentralised Finance aka “DeFi” – A Bigger Bang September 1, 2020 In 2008 the financial world changed when Bitcoin was released into the wild and started the decentralised financial (“DeFi”) revolution which is now gathering pace. This was a Big Bang event and this new DeFi universe expanded quickly, initially there were just clones of Bitcoin, one project was very different from Bitcoin. That project is [...]
Unfinished Business September 1, 2020 Back in 2015, I co-founded a challenger Bank called Starling with a super smart group of people (plus me) with different talents – mine was technology – and with a common drive, determination and goal ‘to change financial services for the better’. I think we went a long way in achieving that aim, helping people [...]
Gas Wars and The Hotgate August 31, 2020 2-3 months ago, a Defi presale would be 100 Ethereum (ETH) at the most. At that time, ETH was around $200. The sale lasted for a day or two, and the standard announcement was: “We are going to launch this project. We will launch it at this particular time. Buy it at Uniswap.” Fast forward [...]
Defi – The industry is moving at the speed of light. Can you keep up? August 28, 2020 If you are from traditional finance and look at what is going on in the DeFi space, it would be similar to watching a Formula 1 race, where Uniswap would be the leading driver of the decentralized exchange (DEXs) team. Uniswap came out of the closet in May, and exploded onto the scene in July [...]