Fraud is as old as the human race. The Ponzi scheme is no exception: although it got its name from the infamous swindler Charles Ponzi who was arrested in 1920, he was far from the first conman to take advantage of people’s naivete this way. But to understand the...
You may already know that options are a specific subset of derivatives, very similar to futures, albeit with key differences. In our last week’s post on derivatives, we mentioned the four basic types and took a closer look into options and the way they work. However,...
Just like ICOs and STOs were the buzzwords of 2018, DeFi is the buzzword of 2020, as the market has seen an increase of 1,511% year-to-date in terms of value locked. Even though the reasons behind its popularity are clear, what is also clear is that DeFi is little...
