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Lex Sokolin, a CryptoX columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. Everything seems to be getting connected: finance, culture, art, technology, media, geopolitics. It is either a fantastic time to be working in our industry or we are
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As the world’s nations and financial institutions plan their recovery from the unprecedented economic upheaval in the wake of the COVID-19 crisis, more and more people are turning to digital assets.Cryptocurrency’s extraordinary resilience during the coronavirus crisis has lent renewed vigor to central banks’ plans to integrate digital currencies. Meanwhile,
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Decentralized exchanges (DEXs) are seeing more action than ever thanks to a surge in decentralized finance (DeFi) activity. The chief benefit of DEXs compared to the Coinbases of the world? They allow users to hold their crypto until they make a trade, without trusting anyone besides the counterparty of each sale. “Most
Read MoreWhat needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option?"Time," Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cryptox in an email. "This is NOT a technological revolution," he clarified, adding:"It’s a monetary revolution - which takes (traditionally)
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Back when digitized banking service evolutions such as debit cards, online banking and check imaging were sweeping the financial sector, one could have never imagined what was coming next. I certainly did not, having spent more than 10 years during this time advising executives of major global banks on the
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While You're Under Quarantine, Check These Sites for Remote Crypto JobsIf you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it's worth exploring opportunities to work from the relative safety of your home. The number
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India’s cryptocurrency ecosystem has been in limbo since the country’s central bank barred banks from dealing with cryptocurrency exchanges in 2018. As of March 4, the Supreme Court of India has done away with those restrictions on crypto, allowing the second-most populous country — and the most populous democracy
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Rapper and entrepreneur, Akon, shares his vision for his forthcoming Akoin cryptocurrency in this exclusive video interview with CryptoX.The crypto platform will enable the tokenized trading of mobile phone credits, a popular alternative to many volatile fiat currencies on the continent of Africa.In this interview preview, Akon discusses how
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Google searches can reveal a lot about the perception of the masses when it comes to bitcoin. This post examines two popular
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As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption
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