True believers say crypto is more transparent than traditional finance. Yet that openness—combined with clunky infrastructure and an absence of regulation–lets crypto trading firms with lightning-fast bots prey on unsuspecting retail traders.
Hey politicians, don't forget about our children! America's youngsters are not properly protected in cyberspace. Their safety and wellbeing should be a regulatory priority for federal and state lawmakers.
Open banking is either the most over-hyped trend in Asia, or the most under-estimated. In either case, banks will need to be able to have the core-system agility to be able to deal with a whole new paradigm.
If you are worried about DeFi’s war with cyber-hackers, take a deep breath. Quantum computing is coming and could render today’s digital cryptography used in DeFi and Web3 useless. When is the right time to start making Web3 quantum cyber-resilient if not now?