Author: Fintech Advisor

Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform. Blockchain projects continue to experience failure rates in excess of 90%, and it seems that with every passing moment, more and more “successful” companies add their underperforming blockchain project to the graveyard. One of the most recent blockchain failure victims was Moller-Maersk, which recently announced the termination of its highly publicized TradeLens offering — a global trade platform built on IBM blockchain technology. These failures, however, were totally predictable and, in many cases, would be avoidable if companies more…

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Emergent Fidelity Technologies filed for Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to pursue a “form of joint administration” between its case and FTX’s. Emergent Fidelity Technologies, a Sam Bankman-Fried holding company based in Antigua and Barbuda, has filed for bankruptcy protection.According to court records filed on Feb. 3, Emergent Fidelity Technologies submitted a voluntary petition to declare bankruptcy under a Chapter 11 filing in United States Bankruptcy Court for the District of Delaware. The company was already the target of a lawsuit filed by crypto lending firm BlockFi in November regarding the status of roughly…

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Once a highly touted exchange, tZERO facilitates securities offerings, some of which are blockchain tokens. The tZERO Crypto exchange, whose majority owner is Overstock, will shut down on March 6, the company announced via Twitter on Feb. 3. The company says that it will continue to focus on its regulated securities products after the shutdown, as the United States Securities and Exchange Commission (SEC) and other regulators clarify the legal status of crypto assets.Today, tZERO Crypto informed its customers that it will be ceasing operations on March 6, following an orderly withdrawal of assets by the customers, which continue to…

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Extroverts turn out to be the best performers, as well as the ones who hold the most Very interesting crypto news has recently come out about the personality that cryptocurrency holders generally have. In particular, CryptoVantage published the outcome of a survey that describes the classic cryptocurrency investor very well. CryptoVantage’s survey of crypto holders According to the survey conducted by CryptoVantage on a sample of one thousand crypto investors, and dedicated to their investment habits, it was found that investors’ personality traits are correlated not only with their investment choices but also with their performance. In particular, four pairs…

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Mana is the crypto of Decentraland the famous land metaverse while Ton (Toncoin) is the official currency of the Telegram community. Although with different purposes and genesis, these two digital currencies are performing very well and I will write about them for you in this article. Mana Decentraland is one of the hottest P2E projects, and like the other similar Play-to-earn entities it is booming. Projects that offer rewards for play results are soaring and have outperformed (+60% at 30 days) Bitcoin’s already excellent result. Overall, 2023 has started well for cryptos where all have, more or less, capitalized performances…

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