Ant Group is holding the biggest IPO of all time – heres what it is

Ant Group is likely to pull off the largest initial public offering (IPO) in history when it goes public on the Hong Kong and Shanghai exchanges on November 5. The Chinese digital finance giant is hoping to raise US$34.4 billion, eclipsing flotations by Saudi Aramco (US$29.4 billion) and its cousin Alibaba (US$25 billion). The IPO is likely toContinue Reading

What is DeFi and why is it the hottest ticket in cryptocurrencies

One area in cryptocurrencies attracting huge attention is DeFi or decentralised finance. This refers to financial services using smart contracts, which are automated enforceable agreements that don’t need intermediaries like a bank or lawyer and use online blockchain technology instead. Between September 2017 and the time of writing, the total valueContinue Reading

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