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J P Morgan Chase & Co (JPM), Mastercard (MA), UBS Ag (UBS) - Why JPMorgan, UBS, Mastercard Invested $65M In Ethereum Infrastructure Company ConsenSys
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Fintech Focus For April 14, 2021
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Blockchain firm ConsenSys raises $65 million from J P Morgan, others
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SUMA Academy Launches Financial Education Initiative for Financial Literacy Month
Multi-platform financial education initiative will help Latinos close the wealth gap and drive economic recovery
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LOS ANGELES, April 7, 2021 /PRNewswire/ Today,
SUMA Wealth announced the launch of SUMA Academy, a multi-platform financial education initiative to empower the next generation of Latino youth. The effort aims to target Generation Z and Millennials by providing culturally-relevant learning experiences through engaging speaker series and content to support their overall economic growth and break the cycle of generational wealth inequality. Empowering young Latinos with financial knowledge is the key to reducing the wealth gap, said Beatríz Acevedo, CEO and co-founder of SUMA Wealth. They share their learning with friends, family, and their entire community. The Latino Youth Effect is a strong knowledge multiplier. When you teach one, you reach ma
Despite all the benefits that DeFi offers, there are some problems and challenges that should be addressed. The future success of the ecosystem depends on accurate and secure data that is free from manipulation and thus less vulnerable to exploits, which requires the implementation of quality-control mechanisms. Improving transaction speeds and the peer-to-peer aspect also remain among the important issues in order to gain wider adoption and sustainability to the industry.
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Undoubtedly, Ethereum has been overtaking Bitcoin (BTC) as the leading DeFi protocol infrastructure and network. Nonetheless, some experts state that “it’s hard to imagine a future where BTC is not used in DeFi products,” while others claim that Bitcoin “will eventually be forced to break its 21-million supply limit to remain sustainable and relevant” as DeFi keeps growing and flourishing. Cointelegraph reached out to experts in the DeFi space for their opinions on the following question: