Month: April 2021

Decentralized exchanges have indelibly changed the way that cryptocurrencies are traded. But in the grand scheme of things, the technology that’s driving these platforms is relatively young… meaning it’s inevitable that teething problems have emerged. Some of the heavy hitters that dominate the market at present are known as non-orderbook markets. While it’s tantalizing and
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On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the second largest company in South America and is present in 18 countries, including
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The global pandemic exposed many existing government distribution channels for financial aid as inadequate. With roughly one quarter of the world’s population unbanked, a number of stimulus programs faltered and rolled out too slowly and unevenly – including in developed countries – because of a reliance on traditional bank accounts for payments.  Central Bank Digital
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Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraise shortly after receiving preliminary approval to form a national trust bank. On Thursday the firm announced a new $300 million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round included previous Paxos investors including PayPal Ventures, Declaration
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