What Today’s Financial Uncertainty Means for Cryptocurrency Investors
Here in the Wild West World of blockchain technology and FinTech, we who are genuinely invested - not just literally in tokens, but philosophically in the technology behind it - have quickly learned to keep cool heads and stay agile to be adaptive as the cryptocurrency market swings in manic depressive mayhem.
What are “Wrapped” Crypto Tokens & Why are They so Important?
In step with the meteoric rise of DeFi platforms, today’s “wrapped” tokens, especially wrapped BTC (“WBTC”), is an intriguing phenomenon. A “wrapped token” is an asset on the Ethereum blockchain matched 1:1 with an underlying asset, which need not share the same blockchain, or as a physical asset like gold, be on a blockchain at all.
How DeFi Will Help the Unbanked Worldwide
Of a global population of over 7.8 billion, it was estimated that 1.7 billion people have limited or no access to financial services, and therefore limited or no access to many corresponding opportunities. Simply receiving and sending money to friends or family becomes an impossibility for the “unbanked.”