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Continue reading →: BlackRock’s BUIDL Fund
Tokenization is one of the promises of blockchain. The idea is that fund tokens will streamline onboarding and funds transfer processes and enable instant settlement. The tokens are programmed with necessary conditions and legalese and will efficiently convert user holdings into cash and transfer funds back to the recipient. There…
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Continue reading →: Taking A Break
As the title indicates, I am taking a break from writing on this site. There are psychological and financial reasons for my decision. I am out of money. I am out of food. Someone stole my phone. My Internet connection and bank account have been shut down. My credit cards…
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Continue reading →: 8/2: Worldcoin Token, MicroStrategy, and A Crypto Crash
Global identity startup Worldcoin’s token WLD is a natural at swimming in crypto’s murky waters. A week after launch, its price is already up by 4.6%. As of this writing, it is changing hands at $2.37, down 1.4% since yesterday. This is despite the fact that governments and regulators around…
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Continue reading →: Notes 8/1: Hack at Curve Finance, Bitcoin Price
That crypto is a house of cards with worthless tokens is an open secret. It is, to quote Bloomberg columnist Matt Levine, a toy system. But it makes for a good academic study into how risk and volatility are transmitted across a system. In the latest instance of this study,…