With the seemingly meteoric rise in Bitcoin and Ether prices in the past year, mainstream media and attention is once again trained on the crypto space. In response to this rally, investors have been piling into all sorts of altcoins, hoping to catch this wave. Ripple (XRP) was one of the beneficiaries of this rally, with its price rising by over 250% at its peak in the … [Read more...] about Investing in Crypto – Know the risks
Early this year, I shared about how I earned interest on USD stablecoins on BlockFi. Unfortunately, BlockFi subsequently experienced a minor hack in May thanks to "social engineering". While assets and passwords were not stolen, customer personal data was. This event got me thinking and researching about viable alternatives for my stablecoins. This brought me into the land of … [Read more...] about A beginner’s journey into Decentralised Finance (DeFi)
Cryptocurrencies burst into our collective consciousness with its meteoric rise in value in 2017, as well as its subsequent catastrophic collapse. As a millennial, I'm always interested in new technology and unbeknownst to readers, I do check in on the crypto-sphere from time to time to understand any new major developments in the space. While I've always had a slight … [Read more...] about Earn interest on crypto with BlockFi
In recent months, there is a lot of hype over the surge in cryptocurrencies, namely Bitcoin. I mean, look at this sweet sweet chart: (Courtesy of Yahoo Finance) Man, about 2,100% return in 1 year based on the 52 week low compared to current price. You know there's way too much interest when even the random aunties on the MRT are talking about investing (happened to me … [Read more...] about Is Bitcoin for you?