809 Results from /crypto
Viacheslav Syvolob Lawyer at Fintech Harbor Consulting
The definition of WEB 3.0 and what is important to know about it Web 3.0 (Web3) is an idea of a version of the Internet that is based on the concepts of openness, decentralization, and changing the course of “internet ownership”. It also uses distributed registry (DLT) and blockchain technologies that ensure decentralization. The separation into p...
19 December 2022 /crypto Blockchain Geek
Retired Member
The digital revolution is showing no signs of slowing. Today, more and more industries, including real estate, music, healthcare, banking, and even gold and silver are adopting digitization to meet user needs. In modern society, the transition to a fully-digital world is well underway. In the next year, it’s forecasted that 93 percent of people wi...
14 December 2022 /payments /crypto Fintech
Pavlo Farb Security Engineer at Cossack Labs
Once deployed, a lot of smart contracts cannot be easily changed. So, it would be wise to take a close look at potential weaknesses, exploits, and built-in mitigations when it’s not too late for changes. But look beyond the code. Smart contracts are immutable pieces of code that perform certain operations in blockchain networks or link different bl...
13 December 2022 /security /crypto DeFi
Nish Kotecha Co-Founder & Chairman at Finboot
The recent and very public demise of cryptocurrency exchange, FTX, has once again dented wider faith and trust in the crypto world. Despite raising $400 million at the start of the year, rumours of FTX being undercapitalised led to more than $650 million in withdrawals - causing it to close its doors and confirming it was in a liquidity crisis. Th...
08 December 2022 /regulation /crypto Blockchain in Banking and Financial Services
Roel Mels Global Head of Marketing at TRG Screen
The financial services industry is known for its complexity in terms of the multitude and proliferation of market participants, vendors, products, user requirements, agreements and pricing structures. Alongside this, the global financial sector generates an enormous amount of data (measured today in petabytes i.e., 1,000s of terabytes), creating d...
07 December 2022 /regulation /crypto
For a long period, the crypto-asset market has remained unregulated in the European Union. A group of EU member states has developed cryptocurrency legislation at the national level, but unified rules at the EU level have not been approved yet. To implement a pan-European approach to crypto-assets regulation and avoid legislative fragmentation in ...
06 December 2022 /crypto Fintech World
Yuliya Barabash Managing Partner at SBSB Fintech Lawyers
In 2021, a friend of mine bought an NFT for €1800. Today, it costs €10. The difference is impressive. With the market decline, all token purchases made a year ago lost 80–90% of the margin. The loudest story is connected with Logan Paul, an American YouTube blogger. In 2021, he purchased an NFT called K4M-1 #03 from the Azuki Bumblebee collection....
06 December 2022 /crypto /markets Trends in Financial Services
Recent industry activity and the key indicators behind digital asset adoption rates for 2023. Digital assets are more prevalent and accessible than ever before, but, right now, the industry is locked within a state of winter, particularly following the collapse of FTX and Alameda. While a period of sustained lower costs may be of concern to some, ...
06 December 2022 /payments /crypto Fintech
Hirander Misra Chairman and CEO at GMEX Group
The use of digital assets and blockchain solutions has gradually become more prominent as the digital transformation of the financial services industry has progressed. As Finance 4.0 advances, there is an increasing demand to access a full range of digital products and services in tandem with traditional financial services. While the convergence o...
05 December 2022 /regulation /crypto Digital Asset Class (DAC)
Gilbert Verdian Founder and CEO at Quant
The last few weeks have not been good for the reputation of blockchain industry. The collapse of the crypto exchange, FTX, has put bad actors and the unregulated trading of cryptocurrency into the spotlight. In more regulated spheres, we saw the $250m write-off by the Australian Securities Exchange (ASX) that pulled the plug on its supposed, world...
05 December 2022 /crypto /markets Blockchain in Banking and Financial Services
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