Patrick Amadon combines a passion for art and activism, and is articulate about how he intends for his work to have impact. Self-described as a “digital disobedient,” the Los Angeles-based glitch artist has been no stranger to controversy, having made international headlines for his “No Rioters” digital billboard displayed at the Hong Kong Art Week in March that was eventually…
Month: November 2023
HSBC and Ant Group test tokenized deposits under HKMA sandbox
Banking giant Hong Kong and Shanghai Banking Corporation (HSBC) have tested the use of tokenized deposits – from issuance to transfer to redemption – with major Chinese banker Ant Group, founded by Jack Ma, in a sandbox arranged by the Hong Kong Monetary Authority. The initiative led by the banking institutions aimed to explore the potential of deposit tokenization in…
AI and real-world assets gain prominence in investor discussions
As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At the same time, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization, although there is now a growing sentiment surrounding BTC…
Canadian MP urges community to study Bitcoin, cites Gensler’s pre-SEC stance
On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin. During his speech on the parliament floor, Lightbound disclosed that he owns Bitcoin himself but won’t advocate for people to…
Use Fundamental Analysis in Crypto Investing: The “Get Rich Slowly” Approach
Earn a free on-chain NFT by taking our free course, Crypto Investing: Fundamentals First. Decrypt will cover gas fees for the first 10,000 mints! Fundamental analysis eschews the analysis of price charts (technical analysis) by looking at a broad set of indicators as well as some well reasoned — but somewhat subjective — judgements of industry analysts. Before introducing how fundamental…
Its effects on blockchain innovation
The evolution of blockchain security and privacy Blockchain has become a tech cornerstone. But as it grows, so does the need for privacy. Zero-knowledge Proofs (ZK) emerged as a solution and there’s a new kid on the block called multiparty computation (MPC). Imagine proving you have a secret without revealing it. That’s ZK, ensuring transaction privacy in a transparent system.…
Maple Finance Launches on Base Network, Targeting Institutional Activity
Maple Finance is expanding its on-chain offering this autumn, rolling out services on the speedy Base network. This makes it the lending platform’s third blockchain after Ethereum and Solana. The first pool on offer on Base will be Maple’s Cash Management pool, which currently yields 4.8% generated from short-duration U.S. treasuries. This specific pool was launched in August amid soaring…
Coinbase launches regulated crypto futures services for US retail traders
Coinbase Advanced allows retail traders in the United States access to regulated crypto futures contracts four months after Coinbase Financial Markets (CFM) secured approval to operate a Futures Commission Merchant (FCM) entity. On Aug. 17, CFM secured regulatory approval from the National Futures Association (NFA), a Commodity Futures Trading Commission-designated self-regulatory organization, to operate an FCM and offer crypto futures…
Bear vs Bull Market in the Crypto Industry: An Overview
The cryptocurrency market has been known for its high volatility and potential for massive returns, attracting investors worldwide. However, just like the traditional stock market, the cryptocurrencies also experience bull and bear markets. In this article, we’ll explore the characteristics of bull and bear markets in the crypto industry and discuss how to recognize them and when to invest in…
US crypto custody firm BitGo wins BaFin license in Germany: Report
Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary. BitGo has obtained a cryptocurrency license from the German Federal Financial Supervisory Authority (BaFin), according to a Nov. 1 report by Finance Magnates. The firm has been storing crypto assets like Bitcoin (BTC) for its clients since…