If you weren’t familiar with the term “metaverse”, I am sure you are now after Facebook announced that it’s changing its name to “Meta”. On Thursday, Mark Zuckerberg announced that Facebook’s parent company was changing its name to Meta to emphasize its focus on metaverse. Metaverse is defined slightly differently…

As more people get into crypto and start buying bitcoin and other digital assets, one of their biggest concerns is to how to keep their crypto safe and never lose access to their funds. A big percentage of them uses custodial wallets, because don’t require as much responsibility and are…

In recent months bitcoin has had a phenomenal rally, and for good reason. Big payment giants and listed companies are adopting it and not just in the US. One month after Elon Musk announced that Tesla purchased $1.5 billion worth of bitcoin, the Chinese tech company Meitu announced that it…

Another week, another high. Bitcoin’s price is surging and hit its all time high, as the year comes to a close. Looking at all of 2020, it’s been surging all year long. The largest digital currency is up 160% since January 2020, and up 190% since March 15, after a…

Bitcoin is based on a simple idea, that we can be our own bank. That idea might seem revolutionary and crazy, probably as crazy as the things we do now on Internet, that were science fiction before the Internet made them possible. (“hers’s to the crazy one’s…” link) Because Bitcoin…

After months of criticism, the Libra cryptocurrency project is pivoting. To appease skeptical regulators, Libra is shifting gears from a new global financial system to a more traditional payment network very similar to PayPal and with digital coins backed by individual fiat currencies. When the Libra Association announced the cryptocurrency…

Decentralized Finance (DeFi) is building a new financial system. The DeFi movement is picking up steam. DeFi has been successful in remittances, loans, stable coins, and other core elements of the fiat world. With a little over a year under its belt, DeFi hit a major milestone a couple of…

By Ilias Louis Hatzis on The Capital — In 1994, Bill Gates said: “We need banking, but we don’t need banks anymore.” So why hasn’t Bill Gates opened a bank? Well, because technology giants don’t really want to be banks. Banking has a lot of the audit and compliance overhead, that tech giants don’t need or want. Big…

By Ilias Louis Hatzis on The Capital — Back in 2011, Marc Andreessen famously wrote: “Why Software is Eating the World.” Today the idea that every company needs to become a software company has seeped into every aspect of our lives, changing the way we live, eat, interact, and commute. We shop on Amazon, we ride Uber to…