Weekly Headlines 2023.3 W3
“Crypto did not force SVB and Signature into bankruptcy. In my view, Fed policy was the primary culprit. Because of a VC funding drought and higher yields on money market funds, deposits left the US banking system”. – Cathie Wood, the founder, CEO and CIO of Ark Invest Weekly News...
Weekly Headlines 2023.1 W4
“Centralized digital money controlled by the central bankers is slavery. Decentralized #Bitcoin is freedom.” – Wendy Rogers, the US Arizona state senator Weekly News Report: News 1. Australia ranks 3rd in crypto ATM installations after US and Canada – Australia now enjoys 234 crypto ATMs, which puts her in the third...
6 DeFi Lending Platforms (Part I)
Referring to the digital assets and financial smart contracts, protocols, and decentralized applications (Dapps) built on Ethereum, DeFi is financial software built on the blockchain that can be pieced together like Money Legos. Decentralized lending platforms provide loans to businesses, or the public with no intermediaries are present. On...