Glossary Ethereum – The platformEther (ETH) - The cryptocurrency used to run the network. Gas fee - The fee for transacting on the Ethereum network. Paid with ether. Ledger – A total record of transactions in a book or digital documentDecentralised – Where no central entity has power over an organisation Introduction Before Ethereum there was Bitcoin: The concept of Ethereum was conceived after the creation of Bitcoin,
Similar to the CDOs (Collateralized Debt Obligations) that helped to bring about the global financial crisis of 2008, CLOs (Collateralized Loan Obligations) have been quietly brewing beneath the surface. In this article, we cover how the current CLO bubble is growing, what caused it and how digital assets are a reliable haven to bring financial sovereignty into the hands of the people, rather
Download As PDF Week in Review Joe Biden wins the US election, whilst Trump’s administration contests the results and sues for alleged issues on mail-in ballots.Ethereum aims for a December 1st launch of their upgraded ETH 2.0 network, bringing substantially higher scalability and safety protocols to its blockchain. PayPal crypto services will be available by early 2021, according to CEO Dan Schulman.Crypto exchange Blox became the
Register for the free event here (Nov 9, 4 pm PST / Nov 10, 11 am AEDT) Hosted by CryptoMondays San Francisco, Jonathan de Wet (Principal, Zerocap), Alex Mashinsky (CEO, Celsius Network), Miko Matsumura (General Partner, Gumi Cryptos) and Mark Friedler (CEO, Gigex) will be discussing digital asset investment themes for 2021 across lending and yield, and how to get involved. The last thirty minutes of the panel will be an opportunity for Q&A. We'll see
Download As PDF Week in Review The US election national polls last week pointed to a Biden win, although we are already seeing the race tightening in battleground swing states.Fidelity Digital Asset Services is set to make custody services available to Asian investors, meeting their increasing demand for cryptocurrencies.The Swiss National Bank (SNB) and the Bank for International Settlements (BIS) plan to test a central
Twelve years have passed since a whitepaper introduced Blockchain and Bitcoin to the world. A lot has changed, not only to its applications but also in how the world perceives them. Cryptocurrencies have worldwide applications, so it's no surprise that nations took notice and started working on their national frameworks. The first cryptocurrency policy took place in June of 2014. That's when Canada’s
Download As PDF Week in Review Paypal will allow investors to invest and trade cryptocurrencies in their system, providing shopping with cryptocurrencies early next year, further facilitating broader adoption.Nearly $900 million in Venture Capital went to crypto companies in Q3, 2020.The Federal Reserve will take a cautious approach on issuing a digital currency, Chairman Jerome Powell said in the IMF annual meeting. A London Stock Exchange-listed
Institutional investment in bitcoin has seen a steady increase over the past decade. While for some, this raises concern for the potential of crowding out retail investors, the opposite is likely to be true. A rise of involvement from institutions has increased market liquidity, price stability and aided in a heightened reputation among governments and regulators.1 Despite this, wide adoption has been stifled
Twitter’s Square purchases US$50 million in Bitcoin, believes in its future Financial service company Square Inc, owned by Twitter’s founder and CEO Jack Dorsey (image below), announced the purchase of 4,709 bitcoins. The investment, approximately US$50 million at the time of purchase, was executed due to Square’s belief in cryptocurrency as an essential asset for economic empowerment in the global monetary system. “We believe that
Download As PDF Week in Review Grayscale Investments’ Ethereum Trust became a reporting company in the Securities and Exchange Commission (SEC). (12 Oct. 2020) Blockchain technology is estimated to boost the global economy by $1.7 trillion in the next decade with Asia seeing the most economic benefit, report by PwC. (12 Oct. 2020) A G7 draft insists that no global stablecoin project, such as Facebook’s Libra, should