Despite the continuing bear market, consumer interest in crypto remains high. Plaid found that increased trust could be the key to adoption.
Unreliability of blockchain networks and node downtime could restrict mass adoption of DeFi. Metrika could provide essential support.
This week, we look at:
The spectacular price increase in crypto assets, hitting new records for Bitcoin, as well as the comparable statistical situation around Covid cases
An explanation of the $1.5 trilion income effect in 2020, and how it has led to both capital acumulation and inequity (thanks NY Times!)
A discussion of all-time-highs and all-time-lows, why we need them, and their connections to the macro-economy, computer code, music, and the universe itself
One wonderful takeaway from Watts, which of course is not his, but beautifully plagiarized into the English language, is the duality of experience. The need for polar opposites, in a clock-like cycle. To have black, you must have white. To have the top of the wave, you need the bottom of the wave. To have a melody, you need equally the presence of the notes, and their absence in silence. To breathe in, you need to breath out. It is meaningless to have a data point without the context in which it exists.
Cion Digital's new Advisor Lending Platform connects wealth professionals and firms with lenders in a more efficient process than was previously available. They also now offer their product suite to a more significant portion of the financial services and retail sectors.
Since the FTX meltdown, centralized exchanges in the DeFi space are rushing to publish PoRs, but without liability data, are they relevant?
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That kid who created his own $400,000 NFT project, Benyanub Ahmed, joined another successful NFT group. Together, their sales volume moved past the $5 million mark after just three weeks.
After more than a thousand years of searching, the holy grail of cross-border payments can be found within the next 10 years, a new ECB report suggests.
Co-Founder of Solana, Anatoly Yakovenko, announced the launch of Saga, an Android Web3-based smartphone and SMS software kit.
Crypto exchange Genesis is seeking $1B handout after shutting down redemptions. Bloomberg reported that the firm might face bankruptcy.
The issue of privacy remains fundamental in CBDC design. The AEI published a vision for a financial system with the coin as its cornerstone.