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OPINION
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
By December 21, 2020, MicroStrategy purchased a total of 70,470 bitcoins with an overall purchase price of $1.125 billion. The buying spree occurred in…
BLOG
Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
LATEST POSTS
2020 has been eventful for the entire cryptocurrency industry as the rise of Decentralized Finance(DeFi) products seek to lead financial adoption amidst heavy dependency on the centralized financial sector. But just like every other new sector, the DeFi sector has its own fair share of challenges especially as it…
China has been doing so much when it comes to blockchain adoption and the issuance of its digital Yuan takes precedence among them. As the country looks to strengthen global financial inclusion, a lot of analysts have argued the likelihood of China’s digital Yuan displacing the U.S dollar as…
The creation of Defi allows users to take part in financial services under their terms An open alternative to classic financial services such as savings accounts, insurance, loans, and trading operating outside the rigid framework of typical institutions The concept of DeFi, short for Decentralized Finance, has resulted in…
Blockchain or distributed ledger technology (DLT) enables the tokenization of assets through which it is possible to convert physical assets like cash or properties into bitcoins. In a major move, MicroStrategy converted $250 million cash from its balance sheet into 21,454 bitcoins. Similarly, the payments company, Square has converted…
The past few weeks have been eventful in the cryptocurrency space; Paypal got involved in crypto as Bitcoin rallied past the $13k mark, and now JPM Coin — JPMorgan Chase’s in-house stablecoin has gone live and is now been adopted by major transnational tech companies to facilitate cross-border payment. …
Paypal Inc, the global payment giant decided on the 21st of October to announce to the world its intentions to welcome cryptocurrencies for over 300+ million users worldwide. This marks a huge turning point in the journey to mainstream adoption for Bitcoin and other altcoins. The global media has…
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