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 [...]
Crypto A.M. shines its Spotlight on CommerceBlock, London’s most innovative BlockChain infrastructure company August 18, 2020 Hype in the blockchain and DeFi space has reached new, overwhelming heights. It can be difficult to differentiate between fact and fiction, but when you do find a project providing innovative technical solutions, it’s a breath of fresh air–especially when their primary focus is on development and not creating vacuous buzz. Led by financial technology [...]
7 Reasons why spending with Crypto is broken August 18, 2020 Another week, another avalanche of announcements about companies offering payment gateway solutions to merchants so consumers can spend their crypto more easily. While this makes for decent clickbait headlines, if you peek under the hood even momentarily, you will quickly understand that none of this makes any financial or market sense. 1. Crypto is too [...]
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 [...]