Tag Archives: NFT

DeFi Common Sense: The Risks of Crypto-backed Lending   

By | March 30, 2023
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Decentralized finance (‘DeFi’) through smart contract technology has been touted as a major use case for blockchain technology ever since the launch of the Ethereum blockchain. One area within DeFi that received particular interest from an early stage is secured lending. Yet, in both Commonwealth and UCC jurisdictions, doubts exist over how such assets function… Read More »

Herding in the Non-fungible Token (NFT) Market 

By | January 19, 2023
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As a new species of cryptographic asset based on blockchain technology, the non-fungible token (NFT) became prominent and attracted attention from academia and practitioners. Unlike cryptocurrencies, which primarily serve as a medium of exchange, NFTs are blockchain-recorded digital assets that can be anything digital, e.g., images, videos, and songs. The NFT market reached its peak… Read More »