From 2008 to 2023, the DeFi space accumulated $50 billion. Analytical forecasts say that by 2030, the gross income of the market will reach $231 billion. At the same time, fintech expert Sergey Kondratenko says that DeFi carries significant risks, including problems with regulation and security.
The impact of the vast digital transformation taking place across the accountancy and finance sector is widespread.
Cryptocurrencies are a story of offering what others could not. Crypto offered transparency. Crypto offered decentralized ownership and digital-native finance. Crypto offered everything that conventional finance could not — or would not — offer.
Web3, much like many pioneering technologies, is designed to enhance our lives. Most traditional financial institutions have already recognized that these technologies can complement their services and are actively exploring how to collaborate and incorporate Web3 into their activities.
It is hard to believe that we are now eight months on from the US regional banking meltdown (Silicon Valley Bank) that sent shockwaves through the global financial system.
Amid rising concerns about a potential recession, the term “stagflation” is increasingly being used to describe the UK’s current economic scenario, characterized by conflicting indicators such as high inflation and stagnant growth.
As noted in an article I penned back in 2020, creating a successful brokerage is no easy feat. Fast forward to 2023, and the difficulties have only steepened as competition has continued to intensify even further.
AI technologies are increasingly making their path into the CFD Trading industry. For traders and decision makers alike, it is important to understand the relevant AI application areas, and how they can reshuffle market shares. AI can be a threat, but also holds great opportunities. Embracing the technology and staying active will be key.
The pace of technological change has never been this fast, and its impact on the shifting treasury landscape is not going unnoticed. While on one hand there have been numerous innovations making corporate payments seamless, streamlined and secure; configurable software, on the other, has been quietly revolutionising the entire landscape of treasury management.
By Jerome Kemp, President of Baton Systems.
In the modern era, there has been a significant shift towards digital banks as consumers move away from traditional banking systems. It is projected that around 216.8 million people will be using digital banks by 2025. Selecting the right bank to suit your specific needs can be a daunting task. To assist you in making an informed decision, Traders Union experts have compiled a list of the top 10 digital banks in Australia.
How tech trading platforms are ushering in a new era of retail investing.
By Anoushka Rayner, Head of Growth Commodities, Paxos.
By Edan Yago, founder of Sovryn.
The prevalence of settlement failures in financial markets underscores the critical need for technological innovation to reduce inefficiencies, streamline processes, and enhance visibility in order to mitigate the significant costs and consequences associated with such failures.
Traders Union reveals the best crypto paper trading apps, including Bybit, OKX, Binance, KuCoin, and eToro, offering risk-free environments for learning and practicing trading strategies, although noting the limitations of paper trading and its potential detachment from real-world trading emotions.
Making financial decisions is a huge part of adult life, and the best way to make effective decisions is financial planning. There are plenty of financial objectives that you can set for yourself, many of which are short-term.
Options trading is on the surge. But before getting started, it is important investors understand how it works and what it is.
Historical data is essential for managers to develop and backtest their FX trading strategies, and TraditionData is well-positioned to provide bespoke and accurate data for more opaque FX products, such as NDF and FX Options, in a marketplace where even small advantages can make a big impact.