Blog

What is Decentralized Finance? (DeFi)

What is Decentralized Finance? (DeFi)

By Wilton Zigler If you’re a retail trader or an institutional investor you may understand that it’s a blockchain based form of finance that doesn’t rely on central financial intermediaries. However, if you’re new to the space it may sound like jargon but don’t fret, it’s not as complicated as it sounds. Overall, it’s important to know the protocols when investing into projects. DeFi revolves around decentralized applications or dApps. This allows the financial functions on the blockchain, Bitco…
Is Making the Crypto Space Legally Compliant Paving the Road to Mass (Blockchain) Adoption?

Is Making the Crypto Space Legally Compliant Paving the Road to Mass (Blockchain) Adoption?

The rise of blockchain has pushed cryptocurrencies to the forefront and enabled them to reach more and more people every day.  And while crypto mass adoption has been visible more than ever with currencies like Bitcoin and Ethereum, others didn’t have such an easy time taking off.  Bitcoin accumulation has created an abundance of wealth for those who own it, while Ethereum has provided business opportunities via creations like smart contracts. But there were also cryptocurrencies like …
Pokket CEO Bill Dashdorj on Bringing Simplified Savings to Crypto

Pokket CEO Bill Dashdorj on Bringing Simplified Savings to Crypto

Insider Monkey InterviewsMon, October 19, 2020, 10:18 PM GMT+8 The worlds of traditional finance and cryptocurrency are coalescing. While banks in countries such as Russia and Switzerland have launched cryptocurrency services, and JP Morgan (NYSE:JPM) has developed its own digital asset for transfers between institutional clients, fintech startups are offering products typically associated with banks: loans and savings accounts to name just two. Several digital banks have also started …
COVID-19 Is the Risk You Didn’t See Coming; Rethinking Safe-Haven Assets in a Post-COVID-19 World

COVID-19 Is the Risk You Didn’t See Coming; Rethinking Safe-Haven Assets in a Post-COVID-19 World

COVID-19 was officially declared a pandemic on Wednesday, March 11 and the declaration coincided with the official start of the bear market with equity indexes crashing more than 20% from their February highs. More accurately, the stock market transitioned from a record high to descend into a bear market in just 19 days. Of course, we told you all about this on February 27th when the S&P 500 Index was trading around the level in an article titled “Recession is Imminent: We Need A Travel…
All You Need to Know About Centralized Cryptocurrency Exchange

All You Need to Know About Centralized Cryptocurrency Exchange

Although many of the most popular tokens are decentralized (Bitcoin, Ethereum), almost all of the crypto exchange platforms are centralized. For most digital currency investors, the centralized cryptocurrency exchange is one of the most important means for transacting. Centralized cryptocurrency exchanges are online platforms where investors can buy and sell cryptocurrencies. They serve as the most common vehicle in the trading of cryptocurrencies. Some of the most popular exchanges are Binance,…
Top Cryptocurrency Myths Unveiled

Top Cryptocurrency Myths Unveiled

Ever since the introduction of cryptocurrencies, there have been a lot of confusion and myths surrounding this “next big thing”. If you’re determined to dabble into this market, it’s extremely important that you have a solid grasp of what you’re getting into. Myth 1: Blockchain = Bitcoin Thanks to the price spikes of Bitcoin, people are more familiar with Bitcoin than blockchain, its root technology. Blockchain enables peer-to-peer transactions to be recorded on a distributed ledger throughout t…
Stablecoins Explained: The Sword of Damocles or the Haven for Investors?

Stablecoins Explained: The Sword of Damocles or the Haven for Investors?

A stablecoin, as its name suggests, is a cryptocurrency that is built to retain a stable value. Stablecoin can be pegged to a cryptocurrency, fiat money, or to exchange-traded commodities (such as precious metals or industrial metals). The need for a stablecoin is obvious. These asset-backed cryptocurrencies are stabilized by assets that fluctuate outside of the cryptocurrency space, that is, the underlying asset is not correlated, reducing financial risk. However, these stablecoins don’t always…
Another Block in the Chain: The Booming Israeli Fintech Scene

Another Block in the Chain: The Booming Israeli Fintech Scene

Back in 2014, Israel may seem like one of the most unlikely places for a fintech investment. However, the times they are a-changin’. There’re over 600 fintech startups currently active in Israel now. The finance technology (FinTech) industry has become one of the fastest growing high-tech sectors in recent years. According to Bank Innovation Israel, Israel boasts the highest density of startups per capita in the world. This bears testimony to Israel’s commitment to fintech. There are many reason…