Finance Tech Brief By HackerNoon

Finance Tech Brief By HackerNoon

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Finance Tech Brief By HackerNoon episodes

  • How to Trade on Binance with a Demo Account

    This story was originally published on HackerNoon at: https://hackernoon.com/how-to-trade-on-binance-with-a-demo-account.


    Having a demo account on Binance is not a problem! Using this guide you can create a free account to learn interface, order flows, and more
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #future-of-finance, #mock-trading, #crypto-trading, #binance, #futures-trading, #how-to-trade-crypto, #crypto-trading-app, #decentralized-finance, #hackernoon-es, and more.


    This story was written by: @sergii.alekseev. Learn more about this writer by checking @sergii.alekseev's about page,
    and for more stories, please visit hackernoon.com.


    “Mock trading“ or “paper trading” when an exchange or a broker gives you an opportunity to make trades without having real money. Binance has an easy-to-use solution for you. Everything you need is just an email and password to create an account where you can perform trades! The important thing, those two accounts are linked but don't have anything in common. Your finances are securely stored in your main account! Start trading! I hope this article helps you to become a more mature trader and get a profit in the future from each trade!

    2 min
  • Perch, a Mortgage Fintech, Raises $4M in Series A Funding

    This story was originally published on HackerNoon at: https://hackernoon.com/perch-a-mortgage-fintech-raises-$4m-in-series-a-funding.


    Perch, a Mortgage Fintech, Raises $4M in Series A Funding
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #finance, #fundraising, #funding, #vc-funding, #fintech, #good-company, #series-a, #mortgage, and more.


    This story was written by: @perch. Learn more about this writer by checking @perch's about page,
    and for more stories, please visit hackernoon.com.


    Perch, a Toronto-based mortgage fintech, has raised $4 million in Series A funding from investors including Second Century Ventures, the strategic venture arm of the National Association of REALTORS®. With a mortgage funding rate 6x more efficient than the industry average, and a 215% customer referral rate, Perch will use the investment to continue scaling and growing its operations team. Perch gives Canadians access to insights about their financial data, to enable them to make informed decisions about when they're ready to buy.

    5 min
  • Pyth and Auros are Bringing Real-Time High-Frequency Data to Blockchain Protocols

    This story was originally published on HackerNoon at: https://hackernoon.com/pyth-and-auros-are-bringing-real-time-high-frequency-data-to-blockchain-protocols.


    Auros, a company specialising in algorithmic trading and market making, and Pyth Network will provide access to high-frequency data in real-time.
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #high-frequency-trading, #defi, #good-company, #market-making, #dlt, #big-data, #data, #blockchain-development, #hackernoon-es, and more.


    This story was written by: @IshanOnTech. Learn more about this writer by checking @IshanOnTech's about page,
    and for more stories, please visit hackernoon.com.


    High-frequency data offers intraday insights that may be utilised to comprehend market behaviours, dynamics, and microstructures. A day's worth of high-frequency observations on a liquid market may be equivalent to 30 years' worth of daily data. Auros and Pyth Network will provide access to data in real-time to blockchain protocols to provide aggregated data for various cryptocurrencies. The company's data is fundamental to its key offerings from providing long-term liquidity for joint ventures to supporting its high-speed trading and arbitrage operations.

    7 min
  • Decentralized Finance: Automation of Financial Markets

    This story was originally published on HackerNoon at: https://hackernoon.com/decentralized-finance-automation-of-financial-market.


    The expression decentralized finance - often abbreviated as DeFi - describes to an alternative financial infrastructure built on top of the Ethereum blockchain. DeFi uses smart contracts to create protocols that replicate existing financial services in a more open, interoperable, and transparent way. This article highlights opportunities and potential risks of the DeFi ecosystem. I propose a multi-layered framework to analyze the implicit architecture and the various DeFi building blocks, including token standards, decentralized exchanges, decentralized debt markets, blockchain derivatives, and on-chain asset management protocols. I conclude that DeFi still is a niche market with certain risks but that it also has interesting properties in terms of efficiency, transparency, accessibility, and composability. As such, DeFi may potentially contribute to a more robust and transparent financial infrastructure.
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #future-of-finance, #brick_trade, #defi, #crypto, #bitcoin, #fintech, #finance, #stablecoin, #hackernoon-es, and more.


    This story was written by: @kameir. Learn more about this writer by checking @kameir's about page,
    and for more stories, please visit hackernoon.com.


    The term decentralized finance - often abbreviated as DeFi - refers to solutions built using internet protocols, using decentralized software solutions, including public blockchains, and web interfaces. DeFi systems deploy 'digital vending machines' created by smart contracts to create automated solutions, resembling those of legacy financial services, without the need of human intervention - in form of middlemen - or a corporate structure. The original concept of a smart contract was developed by Nick Szabo in 1997; he used the example of a vending machine to describe the idea of a "embedded" contract with, in such a way as to make a breach of contract an expensive contract.

    6 min
  • The Fed's Disastrous Confusion about Money

    This story was originally published on HackerNoon at: https://hackernoon.com/the-feds-disaterous-confusion-about-money.


    Money is a contract between two or more parties. The arrangement solves a central challenge in trade referred to as the coincidence of wants problem
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #future-of-finance, #cdbc, #currency, #money, #digital-dollar, #stablecoin, #central-bank-digital-currency, #hackernoon-top-story, #hackernoon-es, #hackernoon-hi, #hackernoon-zh, #hackernoon-vi, #hackernoon-fr, #hackernoon-pt, #hackernoon-ja, and more.


    This story was written by: @kameir. Learn more about this writer by checking @kameir's about page,
    and for more stories, please visit hackernoon.com.


    The term “money” is often used as a synonym for currency. However, the determination of the former qualification is observably a distinction left entirely to users of the latter. The Federal Reserve has taken the lead on discussing a potential U.S. CBDC with a paper titled “Money and Payments: The U.K. Dollar in the Age of Digital Transformation” The paper enumerates multiple forms of money, differentiating these mostly by their credit and liquidity risks across the central bank, commercial bank and 'nonbank money'

    7 min
  • cheqd: Pioneering Trust in the Crypto Lending Market and DeFi Through Self-Sovereign Identity

    This story was originally published on HackerNoon at: https://hackernoon.com/cheqd-pioneering-trust-in-the-crypto-lending-market-and-defi-through-self-sovereign-identity.


    Discover how cheqd is pioneering trust in the crypto lending market and DeFi through self-sovereign identity solutions, bridging the gap with commercial models.
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #lending, #self-sovereign-identity, #ssi, #data-privacy, #cybersecurity, #decentralization, #decentralized-finance, #good-company, and more.


    This story was written by: @IshanOnTech. Learn more about this writer by checking @IshanOnTech's about page,
    and for more stories, please visit hackernoon.com.


    Self-sovereign identification (SSI) solutions have been experiencing significant momentum in recent years. The rise of SSI is driven by a confluence of factors that highlight the need for enhanced digital trust, security, and user-centric identity management systems. The UK's Financial Conduct Authority (FCA) has implemented SSI in their Know Your Customer (KYC) trial.

    7 min
  • Economic Turmoil Couldn't Stop 8fig From Raising $140M to Propel Ecommerce SMBs

    This story was originally published on HackerNoon at: https://hackernoon.com/economic-turmoil-couldnt-stop-8fig-from-raising-$140m-to-propel-ecommerce-smbs.


    8fig, the continuous funding and management platform for ecommerce businesses, announced the closing of a $140 million Series B funding round.
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #finance, #funding, #8fig, #funding-announcement, #good-company, #ecommerce, #fintech, #startup, and more.


    This story was written by: @financewire. Learn more about this writer by checking @financewire's about page,
    and for more stories, please visit hackernoon.com.


    8fig, the continuous funding and management platform for ecommerce businesses, announced the closing of a $140 million Series B funding round in combined equity and credit facility. Koch Disruptive Technologies (KDT) led the round with participation from existing investors Battery Ventures, Localglobe, Hetz, the Jesselson family, and Silicon Valley Bank. This brings 8fig’s total funding to date to $196.5 million.

    5 min
  • Diderot Effect: Why You Buy What You Don’t Need and How To Stop

    This story was originally published on HackerNoon at: https://hackernoon.com/diderot-effect-why-you-buy-what-you-dont-need-and-how-to-stop.


    We buy one item and suddenly see the need to purchase other items to complement it without realizing that obtaining one item creates a spiral of consumption
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #personal-finance, #consumer-behavior, #capitalism, #finance, #self-improvement, #human-psychology, #personal-development, #optimization, and more.


    This story was written by: @deanfed. Learn more about this writer by checking @deanfed's about page,
    and for more stories, please visit hackernoon.com.


    Denis Diderot, a famous French philosopher, lived in poverty until 1765. He was bailed out by a fan, Catherine the Great, who was at that time Empress of Russia. She offered to buy his library at the rate of £1000. After her purchase, he decides to buy a new scarlet robe; then he suddenly realized “there was no more coordination, no more unity, no. more beauty between his robe and other items” He needed to buy new things that’ll match the beauty of his robe.

    4 min
  • Spray, Pray, and Go Away: Investing is an Art

    This story was originally published on HackerNoon at: https://hackernoon.com/spray-pray-and-go-away-investing-is-an-art.


    It is the knowledge that I'm going to die that creates the focus that I bring to being alive. The urgency of accomplishment.
    Check more stories related to finance at: https://hackernoon.com/c/finance.
    You can also check exclusive content about #future-of-finance, #brick_trade, #investing, #cryptocurrency-investment, #crypto, #crypto-trading, #economics, #hackernoon-top-story, #web-monetization, and more.


    This story was written by: @fearsomelamb789. Learn more about this writer by checking @fearsomelamb789's about page,
    and for more stories, please visit hackernoon.com.


    Most often, rationality is defined as clear execution under sound judgement and discipline.
    When investing, most tend to complement their thesis within a rational decision-making framework, as if that made their analysis "fundamental".
    Under the spectrum of business and economic valuation techniques, that might be correct. However, the markets are never wrong, and the world is not always rational.
    In the cryptoverse, over and under valuations have significant elements that make them prone to subjectivity than traditional stocks. Premia and discounts, for instance, are only temporarily perceived due to high volatility conditions.
    Supply curves, energy shortages, structural changes... none of that seems to fit into the narrative presented in the latest quarterly report or newsletter of a trending crypto fund, so one might think that timeliness is what makes the difference.

    7 min

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