After news broke of this incident, rates of corresponding stablecoins fluctuated as Curve.fi’s rate balance was broken by a flash loan attack. As you would expect, some aggregators, especially stablecoin yield farms, are linked to curve. Therefore, these events may result in an instant rat...
Introduction With the closing of China’s National People's Congress and the National People's Congress in Beijing last weekend, one political proposal sponsored by Nanpeng (Neil) Shen, member of the National Committee of the Chinese People's Political Consultative Conference ...
Of course, Libra is not a paper tiger. Otherwise it won’t cause the immediate concern of global financial regulatory bodies and central banks, as well as the hearings by United States congress. But, this project indeed has inherent risks which make it very vulnerable. There is a good chance ...
In my Libra project analysis report (A Business Analysis of the Libra Project), I pointed out that there is still a very good opportunity to develop a new stablecoin that competes with Libra. The Libra project is definitely not the end of the stablecoin project, but a milestone in thi...
Editor's note: the thesis is co-written by Charlie (kai) Tsai (蔡凯龙 in Chinese) when he's studying for a PhD in finance at Cornell University. Charlie (kai) Tsai was a former chief strategy officer(CSO) at crypto exchange Huobi, and used to serve as vice president in strategy and ...
This article is translated from “Bystack世界观（二）：区块链岛屿法则” written by Chang Jia, founder of Bytom, a Chinese star blockchain project aiming to connect the atomic world and the crypto world. In fact, every technological revolution will eventually take the form of changin...
This article is translated from “Bystack世界观（一）：资产的三个维度” written by Chang Jia, founder of Bytom, a Chinese star blockchain project aiming to connect the atomic world and the crypto world. Xiao Feng (CEO of Wanxiang Blockchain) defines assets by three states: Sol...
Recent news that China is planning to eliminate the crypto mining industry from within its borders has not really swayed Bitcoin market sentiment. Chart flows from Coinmarketcap and TradingView show the top cryptocurrency has maintained a firm grip on its over $5,000 price and, going by ...
Global non-cash transactions grew by 10% between 2015 and 2016. China and India are leading with the highest growth rate according to the new report by digital consultancy firm, Capgemini and BNP Paribas. That is, fewer people in India (33.2% YoY), China (25.8% YoY) and South Africa...
Infographic made by Tom Alford Whilst cryptocurrency might not be everyone’s cup of tea (some economists and traditional investors labelling it a ponzi scheme), there can be no doubt that it’s here to stay, and some phenomenally famous names have become deeply involved in this booming indus...
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