arketyp. News Feed

Digital, tech & innovation narratives curated from across the web

Category: Finance

Facebook to Launch Digital Wallet Novi

Novi was formerly known as Calibra and the Diem digital currency was initially called Libra. Novi is a digital wallet that will be linked to the Diem payment system to store and transact using digital […]

Chinese Regulators are Serious about Crypto Ban

On Sept. 24 Chinese authorities said Crypto transactions in China are banned and they will root out mining of digital assets. “While this is not a surprise as China has ‘banned’ crypto many times in […]

Richard Branson Responds To Backlash

After the billionaire’s recent trip to the stars, many criticized him for spending money on space instead of more pressing issues like the climate crisis, poverty, or the COVID-19 pandemic. Richard Branson beat out other […]

Why Decentralized Finance Matters

DeFi builds on three major waves of blockchain innovation across the last decade, each of which began with deep skepticism and has since progressed to acceptance and adoption. While it’s still early days for DeFi […]

Cryptocurrency and the Great Unbundling

We’re in the early stages of another round of massive cultural upheaval that’ll be even bigger than the Web, social media, and the smartphone. Uniswap is a cryptocurrency exchange, like Coinbase. Right now it has […]

The ABCs of DAOs

How decentralized autonomous organizations are automating the corporation. As of June 2021, over $1 billion has been committed towards blockchain-native analogs of traditional corporations called decentralized autonomous organizations or DAOs. A DAO uses blockchains and […]

Regulators Call for Toughest Rules for Cryptocurrencies

The Basel Committee is proposing a “new conservative prudential treatment” for crypto-assets that would force banks to put aside enough capital to cover 100% of potential losses. That would be the highest capital requirement of […]

Big Shift toward Digital Currency Bank Reserves

A big portion of consumer deposits at retail banks could shift to digital currencies if governments start offering them, the Bank of England indicated in a discussion paper about the issue. The U.K. central bank […]

A Post-US Dollar Future

El Salvador has become the first nation in the world to institute the cryptocurrency as legal tender. If this move pays off, it could signal the end of the dollar’s hegemony. On Tuesday night, the […]

Nigeria is Rewriting Fintech’s Rulebook

Africa’s biggest economy is a hotbed of financial innovation, blending tech and tradition. In 2015, two per cent of Nigerians controlled 90 per cent of banks’ total deposits, according to the Nigeria Deposit Insurance Corporation, […]

IBM is About to Turn Patents into NFTs

A new effort from intellectual property specialist IPwe, partnering with IBM’s blockchain group, seeks to unlock $1 trillion in patents through turning them into non-fungible tokens. If there’s a way to take the fun out […]

The Number of Billionaires has Spiked by 30%

The total number of billionaires exploded over the course of the coronavirus pandemic — and they individually became extraordinarily wealthier during the last 12 months. That’s according to a new report from Forbes, which does […]

Two Worlds Collide

“You have people who really understand the crypto space. And you have people who really understand real estate investing space. But there was a lack of understanding about the other side” For months, Shane Dulgeroff […]

How NFT’s Could Change the World

Beyond the fields of music and art, the potential of NFTs goes much further because they completely change the rules of ownership. The excitement around NFTs feeds a similar narrative to other recent price surges […]

Tesla Profits Boosted by Bitcoin Sales

Elon Musk’s Tesla made a strong start to the year with profits up and record deliveries of its electric cars. The company bought $1.5bn of Bitcoin during the first quarter, but then cut its position […]

Time for a Great Reset of the Financial System

A 30-year debt supercycle that has fuelled inequality illustrates the need for a new regime. One of the key drivers of inequality in recent decades has been the ability of central and commercial banks to […]

China’s Digital Yuan Displaces the Dollar

China’s dominance in digital currency will follow naturally from its position as the world’s top exporter. China has no intention of replacing the US dollar with its RMB within the framework of the existing world […]

Epic Games Raises $1B for Metaverse Plans

Epic Games said today it has raised $1 billion in a new round of funding in its bid to build the metaverse, the universe of virtual worlds that are all interconnected. The company said the […]

Roblox the Next Meme Stock?

One portent of a meme stock being born is when the company gets a pseudo-ticker on WallStreetBets. Roblox, an American video-game platform, has earned the tag $sears. But Redditors aren’t mixing it up with a […]

NFTs and a Thousand True Fans

The thousand true fans thesis builds on the original ideals of the internet: users and creators globally connected, unconstrained by intermediaries, sharing ideas and economic upside. There are three important reasons why NFTs offer fundamentally […]

Christie’s gets Digital

The art market’s latest craze is for Non-Fungible Tokens (NFTs) and this month Christie’s will be the first major auction house to offer a digital work in this format. NFTs essentially stamp the art on […]

The ‘Unreal Economy’ is Thriving

The market for cryptocurrencies, digital flowers and virtual real estate is booming. £57,000 for a virtual flower. £71,000 for a digital basketball card. £1m for real estate in a video game. It’s not just bitcoin. […]

Visa Prepares for Crypto Future

Visa CEO Alfred Kelly says the card scheme is preparing its payments network to handle a full range of cryptocurrency assets. In an earnings call with analysts, Kelly says the company will treat the crytocurrency […]

Biggest Ever NFT Sale Made

Nine rare plots of digital land on blockchain game Axie Infinity were sold in what is now the most expensive NFT sale ever. Nine plots of land on blockchain game Axie Infinity were sold for […]

Why did Tesla buy Bitcoin?

Tesla Inc. has become the latest major corporation to make an investment in bitcoin, underscoring the increasing acceptability of the digital asset. The big question observers are asking is, why is the Elon Musk-run company […]