28 December 2024

Howe Street Reporter Title

Category: Decentralized Finance

  • SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

    SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

    In an unprecedented move signaling increased scrutiny of the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against leading crypto exchanges, Binance and Coinbase. Allegedly, both exchanges knowingly violated securities laws, prompting the debate: is the entire concept of cryptocurrency fundamentally flawed, or even a sham? The SEC contends that Binance,…

  • Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes

    Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes

    It’s been held underwater for some time on the back of negative cryptocurrency sentiment, but former Equity.Guru client Wellfield Technologies (WFLD.V) appears to be finally making a run against the tides, with CEO Levy Cohen pointing out a large spike in revenues this quarter (based off unaudited figures) as Wellfield’s new subsidiary Coinmama.com begins to…

  • Neptune Digital Assets (NDA.C) bucks the specialization trend

    Neptune Digital Assets (NDA.C) bucks the specialization trend

    Usually trying to be all things for all people is a bad business strategy. Mostly it stretches your operation too thin. You might be really good at one or two things, and only so-so on others, but if you spread out to include all the operations you can manage, you can usually expect mediocrity across…

  • Two Risk Mitigation Strategies for Getting Into Decentralized Finance

    Two Risk Mitigation Strategies for Getting Into Decentralized Finance

    The promise of decentralized finance is a new way to complete financial transactions using applications. It promises to cut out traditional financial institutions and other intermediaries and be conducted entirely over the blockchain. Essentially, its promise is the elimination of exchanges, banks, brokerages and other middle-men from the equation. Folks deep into DeFi will tell…

  • Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?

    Will Wellfield Technologies (WFLD.V) and DeFi levy the challenge to traditional finance?

    One of the biggest unforeseeable events of the past twenty years has been the disintermediation effect of new tech. Netflix killed blockbuster, Amazon has slain Sears and other big box chains of the past, and services like Uber and Lyft are disrupting the traditional taxi services. Technology has been busy slaughtering the sacred cows of…

  • It’s time for another nifty sector roundup featuring NFT

    It’s time for another nifty sector roundup featuring NFT

    Blockchain and its ancillary products has a hype problem. We saw it in 2017 when the tech blew up and public companies started putting blockchain in their name to take advantage of the buzz, only to drop it (well, most of them anyway) when the bubble burst. The problem? It was a revolutionary technology that…

  • The DeFi Mini-Roundup You Didn’t Know You Needed Till Now

    The DeFi Mini-Roundup You Didn’t Know You Needed Till Now

    For most people decentralized finance (DeFi) is a mystifying concept. The world of finance itself is full of strange definitions and shenanigans, but it’s been around long enough that the entire sphere of financial life is taken for granted. It’s always been there and it’s always going to be there. It’s the world of Warren…

  • The Cryptocurrency Guide for the Perplexed:  The Case for Privacy Part 1.

    The Cryptocurrency Guide for the Perplexed: The Case for Privacy Part 1.

    Earlier this week the Biden administration took aim at cryptocurrency by announcing they’re preparing an executive order for release early next month outlining the U.S. government strategy on cryptocurrency. Here’s a handy bullet point list: The directive would place the White House in a central role overseeing efforts to set policies and regulate digital assets,…

  • Today’s Idea:  Wellfield Technologies (WFLD.V) offers tomorrow’s markets today

    Today’s Idea: Wellfield Technologies (WFLD.V) offers tomorrow’s markets today

    Tomorrow’s markets are going to be easier to navigate, or so we’re told by anyone close to decentralized finance (DeFi). The essential promise of DeFi is that it could lead to an altogether more efficient, more democratic form of finance. It promises a system that’s cheaper, faster, more transparent and less prone to manipulation by…

  • If I had a billion dollars: Crypto and Monkey Business Edition

    If I had a billion dollars: Crypto and Monkey Business Edition

    If I had a billion dollars the first thing I’d do is buy a monkey. Not a howler monkey or a languor monkey, or one of those that gets creative with how they say hello, but a regular capuchin monkey—one that hasn’t reached puberty yet so he doesn’t get aggressive. His name would be Jocko,…