Einträge von christian

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DeFi Beyond the Hype

The Emerging World of Decentralized Finance Produced by the Wharton Blockchain and Digital Asset Project, in collaboration with the World Economic Forum Introduction Decentralized Finance (DeFi) is a developing area at the intersection of blockchain, digital assets, and financial services. DeFi protocols seek to disintermediate finance through both familiar and new service arrangements. The market […]

Placeholder VC – Systemic Risk Mitigation in DeFi

Source: https://www.placeholder.vc/blog/2021/3/10/systemic-risk-mitigation-in-defi March 11, 2021 Mario Laul Introduction Speculation and risk-taking are essential features of all monetary economies and both are closely tied to the financial sector. History has shown that without appropriate rules, safeguards, and behavioral norms, financial markets become more prone to fraud, pro-cyclical excess, and crises. Occasionally, these crises take systemic proportions, […]

Deciphering a Transaction on Etherscan

Wenn Sie begonnen haben, Ihren Zeh in die Welt des Ethereum einzutauchen, haben Sie wahrscheinlich Etherscan gesehen oder wurden dorthin umgeleitet. Etherscan ist ein Block-Explorer, der es Benutzern ermöglicht, Informationen über Transaktionen anzuzeigen, die an die Blockchain übermittelt wurden, den Vertragscode zu überprüfen und Netzwerkdaten zu visualisieren. Dieser Leitfaden konzentriert sich auf die Erläuterung der Informationen, die für verschiedene Arten von Transaktionen auf Etherscan angezeigt werden.

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Moneychanging, Moneylending: Part I

Lending is the natural next step for any new nascent financial market. The house of Rothschild got its start by collecting and exchanging coins (moneychanging). Once they had enough value under their custody, the natural step was to put it to work (moneylending). Then they expanded by doing the same for rulers locally and then, doing the same across Europe.

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Flash Arbitrage Trader

This is a simple working example of a flash arbitrage smart contract, whereby within a single transaction it:
Instantly flash borrows a certain asset (ETH in this example) from Aave lending pools with zero collateral.
Calls UniswapV2 Router02 to wrap the flash liquidity of ETH into WETH and exchange it for DAI tokens.
Checks the exchange rate of DAI back into ETH on Sushiswap V1.
Calls SushiswapV1 Router02 to swap the DAI back into WETH and then ETH.
There’s also an independent function to withdraw all ETH and ERC20 tokens at the contract owner’s discretion.

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The International Monetary Fund (IMF) Tries to Explain Cryptocurrencies

Hundreds of them have sprouted, with fanciful names like Primecoin, Dash, and Verge. They have developed cult-like followings among the tech-savvy. Their values fluctuate wildly. Some people say these mysterious bits of computer code will someday replace money as we know it. What exactly are these cryptocurrencies, and what makes people think they are worth anything at all? To answer these questions, let’s first look at how money evolved.

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BaFin – Kryptoverwahrgeschäft

BaFin nimmt Interessenbekundungen entgegen Durch das Gesetz zur Umsetzung der Änderungsrichtlinie zur vierten EU-Geldwäscherichtlinie wird das Kryptoverwahrgeschäft als neue Finanzdienstleistung in das KWG aufgenommen. Das vom Gesetzgeber bereits beschlossene Gesetz tritt am 01.01.2020 in Kraft. Unternehmen, die dieses Geschäft dann erbringen wollen, benötigen eine Erlaubnis der BaFin. Die BaFin bittet interessierte Unternehmen bereits jetzt um eine formlose und unverbindliche Interessenbekundung. Anträge für die Erlaubnis zur […]

Getting Deep Into EVM: How Ethereum Works Backstage

An Ultimate, In-depth Explanation of How EVM Works. Source: https://medium.com/swlh/getting-deep-into-evm-how-ethereum-works-backstage-ab6ad9c0d0bf This post is a continuation of my Getting Deep Into Series started in an effort to provide a deeper understanding of the internal workings and other cool stuff about Ethereum and blockchain in general which you will not find easily on the web. Here are the previous […]