NYALA - Blog

Back to El Salvador: First Impressions

¡Hola! I am Lukas, NYALA’s General Counsel, and in the next couple of posts, I will be reporting from my recent travels through Latin America (ie El Salvador, Guatemala, Panama and Peru). Make sure to follow #BTCLatAm22 on Linkedin in case you are interested to hear more. Key takeaways: Overall no significant changes in the […]

Mass Adoption of Security Tokens

The first Security Token Offering (STO) was launched in 2018 by the US-based Praetorian Group, which subsequently issued the PAX coin (not to be confused with the PAX stablecoin) [1]. European players followed swiftly, and by July 2019 Bitbond made headlines with the first approved German STO, which raised more than two million Euros [2]. […]

Crypto Contagion

As interest rates rise and the tide of central bank stimulus that boosted markets during the covid years recedes, the cryptocurrency industry is undergoing an explosive deleveraging process. Vulnerable positions and faulty assumptions are being systematically tracked down and picked apart by markets. Due to the somewhat incestuous nature of the cryptocurrency industry, the largest […]

June 20, 2022

Burning the Moon

In the wake of the collapse of Terra, a debate is raging online over how best to engineer restitution for those left holding bags of $LUNA and $UST. Since our last article about Terra it has been revealed that the reserve fund to defend the $UST peg, previously worth billions of dollars, has been nearly […]

Luna returns to Terra

If you are reading this, you have likely heard about and possibly felt the portfolio impact of Terra USD losing its peg to the US dollar in recent days. Students of the history of financial markets will observe that price pegs are like promises: they are often broken. This is doubly true of algorithmic stablecoins, […]

Europe must not ban Bitcoin

Unconfirmed, but credible sources suggest that the EU parliament is going to propose an outright ban on bitcoin and other PoW coins. This would be a grave mistake, argues Bloxxon Co-CEO Johannes Schmitt Naval Ravikant is widely admired as the Sage of Silicon Valley for his prophecies about trends in technology and society at large. […]

Crypto Market Outlook 2022

The year 2021 was quite successful for the crypto space. Despite some ups and downs Bitcoin and especially Ethereum showed a solid performance. NFTs and blockchain dapps focused on gaming/metaverse use cases saw spectacular growth in 2021. The adoption of tokenization of (financial) securities was sluggish. Will these trends continue in 2022? Crypto assets gain […]