There’s a by-product of DeFi’s boom that is little talked about
We need to have a conversation about fractionalization, and why this by-product of DeFi’s boom must be properly addressed through the development of cross-chain integrations. Within the blockchain world, there’s endless talk about the importance of decentralization. But there’s a by-product from DeFi’s boom that is little talked about.Fractionalization is an unavoidable consequence of the innovations we’ve seen over the past decade — and when implemented correctly, companies and individuals can benefit.For example, it’s now possible to buy a small fraction of Amazon stock, potentially....
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Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto.
Anthony Scaramucci Thinks Institutions Are Still Not Big on Crypto
Anthony Scaramucci, CEO of Skybridge Capital, thinks there is still a long way until bitcoin and cryptocurrencies are embraced by....
The increased demand for transparency and open-source solutions creates a domino effect that will result in total Web 3.0 adoption. Decentralized finance (DeFi) has shined a spotlight on a fairer internet since early 2020, and we’re on the brink of something world-changing. DeFi technology would not be possible without the web infrastructure that is widely used today, demonstrating the tremendous strides we have made with next-level innovation. The third era of the internet has already dawned, with a new economy, new careers and new enterprise opportunities.Many experts believe DeFi’s rise....
The emergency cryptocurrency provisions in the United States infrastructure bill target DeFi says Jake Chervinsky. During a podcast on Bankless State of the Network, the general counsel for Compound and DeFi’s Chairman of the Blockchain Association declares that infrastructure bills have “blindsided” the industry through cryptocurrency tax provisions. The announcement came nine days before its […]
Amongst the DeFi mania, there’s still love for masternodes in 2020 2020 is shaping up to be the “year of DeFi”. Staking, liquidity providing, and bonding curves have all taken center stage as ways to earn money, but the Masternode, one of the earliest incentive mechanisms offered within the cryptocurrency space, has remained a popular source of income and recent events go to prove it. Masternodes propose a solution to increasing costs and technical complications […]
Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company. Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among institutions. In his pledge to help build “DeFi 2.0,” Lepsoe described one of the biggest pain points of DeFi 1.0 — and it’s one you probably haven’t heard....