Mark Tencaten | Mark Tencaten NGS Group

Bitcoin had little competition when it was originally released in 2009 in the emerging world of digital currency. By 2011, however, competitors had begun to use the blockchain technology that bitcoin was built on to build their platforms and currencies, resulting in the emergence of other varieties of cryptocurrency. Suddenly, there was a rush to develop more crypto. MarkTencaten explains that there are dozens of different forms of cryptocurrency today. While each is designed to give a distinct feature or function, the majority are based on the same principles as bitcoin: ·        A central authority, such as a bank does not issue, regulate, or back cryptocurrency. ·        A blockchain (distributed ledger) and peer-to-peer review are used to construct them. ·        Cryptography is a complex computer code that encrypts (secures) Bitcoin and other currencies. ·     ...

 Crypto.com the worlds fastest growing crypto app who also offers a crypto visa card is set to expand rapidly, reaching a market value of $9,603 million by 2031. Crypto.com CRO token has recently soared to all-time highs after the cryptocurrency exchange and crypto credit card issuer recently inked a US$700 million naming rights deal with the well-known Staples Centre, the sports and entertainment center of the world and also home of the Los Angeles Lakers basketball team. You will probably know of the Lakers through the late Kobe Bryant who along with Shaquille O’Neil led the LA Lakers team to their first championship together. The world known Staples Center will now be named Crypto.com for the next 20 years, which will undoubtedly boost public and brand awareness. Crypto.com which is a Hong Kong-based crypto exchange has risen by 35% recently in a short 24-hour period after news broke about their latest signing with the Staples Centre and is among one of the largest crypt...

A hedge fund is just an elaborate name for a pooled investment fund that trades in relatively liquid assets, considering portfolio construction and risk management techniques to improve performance. So why are decentralized finances imperative to the hedge fund field? According to Mark Tencaten , innovative leader and CEO of NGS Group, “emerging hedge funds do not stand a chance of making substantial returns unless they are involved in the DeFi space.” This is because the DeFi space is still relatively new and is considered to still be in the land grab phase, so the chances of getting in early whilst the market is still growing, will give investors the best chance to take a piece of the current space and play on a relatively level playing field. The Top 3 reasons why Hedge Funds need to get into DeFi 1. Infrastructure DeFi is a considerably new space, and has only really been developed over the last few years. DeFi has opened the financial space to include functi...