advanced OTC trading is a method of trading financial assets, including cryptocurrencies, that takes place directly between two parties without the oversight of an exchange. This decentralized form of trading is particularly favored by big players, such as hedge funds, looking for a private and efficient way to conduct large transactions without impacting the market price. Naturally, its format also…
Maintaining stability in the international financial system is essential for sustaining economic growth in a connected global economy. In this context, the International Monetary Fund (IMF) is essential for fostering international monetary cooperation, maintaining exchange rate stability and managing financial crises. This article provides an overview of the IMF and its objectives, governance structure and key functions. What is the…
beginner The blockchain technology era has seen the emergence of computational systems that offer unparalleled transparency and comprehensive accountability. However, these systems have traditionally had to negotiate certain trade-offs that have hampered their usability. The “Blockchain Trilemma” elucidated by Vitalik Buterin encapsulates this predicament, stating that blockchains often struggle to achieve decentralization, scalability, and security simultaneously. This is where StarkNet…
beginner In an age where protocols are becoming progressively multichain, the requirement for dependable bridges and interoperability across chains is reaching new heights. LayerZero is stepping up to this challenge, consistently offering the vital infrastructure that enables an interoperable and omnichain cryptocurrency ecosystem. Now, let me introduce myself. My name is Zifa, and I’ve dedicated over two years to writing…
Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible. Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization that facilitates governance of…
Greg Oakford, a co-founder of NFT Fest Australia, guides you through the Web3 digital art world from a collector’s perspective. Turning concert merchandise and memories digital Snoop Dogg’s recent announcement of the Snoop Passport — an evolving concert tour collectible — is a trend I believe we’ll see get more and more traction among musicians and entertainers. They tap into…
Chatbots have become all the rage for businesses of all sizes and industries as they offer a cost-effective and efficient way to improve customer experience and streamline operations. Did you know the chatbot market was worth around $435.2 million in 2018? Experts predict that the chatbot market will reach $2.3 billion by 2025. That’s a compound annual growth rate (CAGR) of…
Traditional financial firms finally believe that digital assets are here to stay. Or so one might conclude from the slew of announcements last week from some of the world’s premiere financial players. Among them is BlackRock — the world’s largest asset manager with $9 trillion in assets under management (AUM) — filed for permission to build a “spot market” Bitcoin-based…
Achieving mainstream Web3 adoption is a key goal for the blockchain community. We believe strongly in the revolutionary power of this technology, but how do we share its potential with the world? There is no one-size-fits-all solution, so blockchain advocates need to tailor their sales pitch to different audiences in order to kickstart mass adoption from the ground up. In…
The Financial Services and Markets Act 2023, a reform bill in the United Kingdom, has been granted Royal Assent from King Charles on Thursday, officially making it a law, according to a Thursday press release by the UK government. Under this new law, cryptocurrency trading is recognized as a regulated financial activity. The amended Financial Services and Markets Act defines…
