As finance has firmly entered the digital era, the concept of value has started to transcend formerly physical boundaries, manifesting in forms no one could have foreseen even just a decade ago. Today, the term digital assets doesn't simply refer to highly speculative cryptocurrencies or NFTs—the ecosystem has expanded dramatically to encapsulate a much wider range of purposes … [Read more...] about Digital Assets: Today’s Landscape, Tomorrow’s Potential
A reckoning in the digital asset industry that started in June after the collapse of improperly collateralized investment assets gained new urgency in November. Following the professional and possibly legal improprieties that led to bankruptcy and chaos at the FTX cryptocurrency exchange, the industry is regrouping and putting distance between legitimate market participants and … [Read more...] about Disentangling the Crypto Crash of 2022
If the technical term "nonfungible token" was selected to describe how the art market meets FinTech as a way of catching attention, then it has succeeded mightily. It begs the inevitable questions: What the heck is that? Why would anyone buy that? The New York Times took that approach in its 03/12/2021 story on the largest sale of digital-asset token as art: "What Are NFTs, … [Read more...] about NFTs: Ugly Term for Beautiful Returns?