Who is Changpeng Zhao and how did he create Binance, the largest exchange in the world?

Changpeng Zhao, better known as CZ, is the co-founder of Binance, the cryptocurrency exchange with the largest trading volume globally. Zhao is a multifaceted character who has served as a software engineer, investor, businessman and speaker. Although its history had a humble beginning marked by exile and emigration, currently it is one of the richest … Read more

Rise or fall, bitcoin brings “harm” to society, considers the ECB

They also criticize Satoshi Nakamoto’s understanding of e-commerce. According to the authors, Bitcoin poses a “danger” to democracy. Analysts from the European Central Bank (ECB) published an aversive document towards bitcoin on October 12, where they consider it a “harmful” financial asset for society. The document, called “The distributional consequences of Bitcoin,” says that even … Read more

DeFi vs. Traditional finance: Substitutes or complements?

Trust is at the heart of both traditional finance and DeFi, says Waller. 170 billion dollars are deposited in thousands of DeFi protocols. In a scenario where technology is advancing by leaps and bounds, decentralized finance (DeFi) has emerged as a powerful and disruptive alternative to traditional finance. But are they really there to replace … Read more

¿Qué es un exchange descentralizado DEX?

Un exchange descentralizado, o DEX por sus siglas en inglés, es una plataforma que permite a los usuarios intercambiar criptomonedas directamente entre ellos, sin la necesidad de un intermediario central. A diferencia de los exchanges centralizados, en un DEX nadie ejerce la custodia de los fondos de los usuarios, pues no exigen hacer depósitos. En … Read more

Who watches over those who watch? Privacy and transparency in crypto

In a hierarchical system, higher-ranking actors enjoy privileges regarding their privacy. Once the problem of the Byzantine generals is resolved, these hierarchies become unnecessary. Who watches over the watchers? The Latin phrase ‘Quis custodiet ipsos custodes?‘originally had a comic and moralistic meaning in the Juvenal’s Satire VI Regarding adulterous wives: Friends, I hear you Say: … Read more

“If you have Ethereum you are in trouble,” warns investor

Ethereum is not going through its best moment, at least in terms of popularity. The network co-created by Vitalik Buterin, who was the undisputed leader within the niche «Turing complete» from 2017 until the bull cycle of 2020-2021, now sees its reign threatened by networks like Solana or Sui, and even by Ethereum layers 2 … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

Is Bitcoin ready for a new high? Find out in the news summary

After a few complex months with the price trending downward, the price of bitcoin (BTC) seems to have recovered its upward potential this last week, hovering around USD 68,000. With this, hopes grow that the month of October will honor its traditional history and become uptober. There are several signs generating optimism in the market, … Read more

DeFi is a silent giant that continues to grow and provide investment opportunities

DeFi represents the largest use for cryptocurrencies, according to a16z. There are 170 billion dollars deposited in DeFi protocols. Decentralized finance (DeFi) is far from having said its last word. Although a few years have passed since the initial “DeFi Summer” explosion, this sector continues to quietly expand, providing new investment opportunities and attracting more … Read more

BRICS presents the first tool of its new dollar-free payment system

BRICS Pay will be officially launched at the end of the year. The tool is expected to allow payments with Visa, Mastercard and WeChat Pay. As part of the BRICS Business Forum held in Russia on October 17 and 18, participants in the event received new cards to test one of the long-awaited tools that … Read more