Finance

Want to See the Future of Banks? Look at Telcos
DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their traditional, core strengths.

Bitcoin Miner Iris Energy Gets $71M Equipment Financing From NYDIG
The financing is backed by 19,800 Bitmain S19j Pro miners that have hashrate of about 1.98 exahash per second.

Could Chainlink Be the Driver for DeFi’s Growth? Bank of America Thinks So
Chainlink (LINK) could accelerate the adoption of next-generation blockchain use across finance, insurance, supply chain, gaming and gambling, Bank of America said in a research report following an investor call with Chainlink co-founder Sergey Nazarov.

An Incumbent Enters the Disruption Game
A new digital wallet, launched by well-known asset manager WisdomTree, will bring tokenized assets and funds to the advisory and institutional spaces. Is the blockchain disruption to finance not as far off as we think?

India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
Finance Minister Nirmala Sitharaman noted the moves during the country's annual budget speech to Parliament.

What Today's Fed Decision Could Mean for Crypto
Interest rate hikes are likely to be modest in 2022 - but that could still be enough to change the equation for speculative bets.

What Advisors Should Watch For in Crypto in 2022
Crypto adoption doesn’t appear to be slowing down. As more advisors and institutional investors pile in, the asset class will continue to mature – and new innovations could change how advisors interact with clients and service providers.

What Advisors Should Know About Bitcoin and Inflation
Bitcoin can function as a store of value that avoids the inflation seen with fiat money and helps clients plan for and reach future goals.

Could These Products Tame Crypto’s Volatility Beast?
Two crypto products launched late last year, targeted squarely at advisors who are concerned about risk-averse clients, purport to ease bitcoin volatility through trading strategies. But there may be other ways to temper volatility risk in cryptocurrencies.


