Blockchain

Version One quarterly news and COVID-19 response

This has been the longest quarter ever. Early January seems like an eternity ago. Countries, communities and households have been turned upside down.  This time of year, we normally provide a portfolio update that highlights the various product launches, accolades and funding announcements from th ...

Thoughts on the State of DeFi

The last couple of weeks have been quite a test for cryptocurrency markets in general and DeFi in particular. On Black Thursday (March 12), BTC/ETH prices declined by ~50% and DeFi’s flagship project, MakerDAO, ended up with ~$5 million USD in unbacked DAI. You can read Tom Schmidt’s excellent ...

BTC + DeFi = FTW

I recently shared some thoughts about DeFi in light of recent market turmoil. While I remain extremely bullish on p2p finance in the long run, I believe there are at least 3 major questions to answer in the short term: 1) what blockchain/layer is most appropriate for DeFi scalability, 2) what use c ...

Is this the crypto inflection point we’ve been waiting for? 

If you spend a lot of time in crypto (like we do here at V1), it can be easy to lose sight of how non-crypto investors and entrepreneurs think about the space. The huge ICO run-up in 2017 brought a lot of attention to the vertical. Since then, many have stopped following the progress or have become ...

F|T: The FinTech Times – Open banking recovery

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. BROUGHT TO YOU BY SAGE INTACCT: Halal FinTech startup Manzil launches private ...

OSC finds Quadriga CEO ran “Ponzi scheme” leading up to crypto exchange’s downfall

A new report released by the Ontario Securities Commission (OSC) has revealed that now-defunct crypto asset trading platform QuadrigaCX collapsed due to fraud committed by its co-founder and CEO, Gerald Cotten. “The bulk of the $169 million in client losses – approximately $115 million – aros ...

With $5.8 million owed to creditors, TribalScale files for insolvency in bid to restructure company

Toronto-based software company TribalScale is in debt to the point of insolvency, according to public documents obtained by BetaKit. TribalScale owes more than $5.8 million to 45 creditors, according to documents filed with the Office of the Superintendent of Bankruptcy Canada in May. As part of th ...

F|T: The FinTech Times – Ponzi schemes and wash trading

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. Pascal Financial integrates with Fidelity as it launches private placement offer ...

Pursuing Diversification with Cryptocurrencies

By Andrew Keenan, CAIA, CFA, CBP, Assistant Vice President – Valuation Risk and Control at Credit Suisse Overview The recent release of CAIA Association’s seminal report “The Next Decade of Alternative Investments: From Adolescence to Responsible Citizenship” underscored four key tenets for ...

Morning News: March 13, 2020

Europe’s Central Bank’s Steps to Stem Coronavirus Damage Leave Investors Cold Italy’s Nightmare Offers a Chilling Preview of What’s Coming Bitcoin Drops 50% in Epic Two-Day Tumble The Pitiful Oil Market the Saudis and Russia Are Fighting Over Buffett Bet That Infuriated Icahn Is Hit Hard by ...