Yat Siu: Co-founder and chairman of Animoca Brands | #80 | Cointelegraph

And yet it still obviously had lots of room to grow. Its biggest rival, Binance, had five times the trading volume of FTX, which meant that it likely had roughly five times FTX’s revenues and five times FTX’s market value. The experts who tried to determine the present value of rich people had trouble putting a number on CZ’s. No one was sure how m

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In the last decade, blockchain technology and crypto have been laying the foundations for an alternative reality in which humans interact and organise themselves without the mediation of a third party. Crypto currencies are a US$2T asset today and billions of dollars are being traded globally without the need of a bank or intermediary, with transac... See more

The strategy was something like the opposite of Binance’s. When FTX launched, in May 2019, Binance was merely one of a handful of crypto exchanges with roughly the same market share, of roughly 10 percent. One of those, BitMEX, soon ran afoul of the US Department of Justice, for “willfully failing to establish, implement and maintain an anti-money

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Some people see cryptocurrencies as speculative assets with no real utility at best, a Ponzi scam at worst. For others, they’re the future of money. Do Kwon, founder and CEO of Terraform Labs, the company behind the Terra blockchain, discusses his vision for a decentralized financial ecosystem with Azeem Azhar.

To bridge this gap, venture capital will likely prioritize projects that simplify onboarding processes and offer intuitive user interfaces . Applications with clear value propositions, catering to both retail and institutional audiences, will take center stage. Examples include wallets with seamless fiat-to-crypto transitions, decentralized finance... See more

The path to onboarding 1 billion people to crypto probably looks like a combination of Mosseri’s vision and what Devin and Alice are building. It boils down to culture—and at the end of the day, content powers culture.