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Binance-backed Xend Finance launches DeFi platform for credit unions in Africa – TechCrunch

Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. DeFi aims to bridge the gap between decentralized blockchains and financial services. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation.  Currency devaluation is a common economic nightmare faced in most African countries and […]

How Does The Derivatives Market Work? – Investment U

Financial Literacy The derivatives market doesn’t deal with fungible assets. Instead, it’s a secondary market focused on the volatility of capital markets and assets. As the name implies, the financial products traded in this market are derivations of underlying values. It’s also a market steeped in volatility. Not only is there price fluctuation in the […]