Justin LockNov 25, 2019A comparison of banks vs. crypto-assets exchangesBinance, the largest crypto-assets exchange, reported is reportedly enjoying a $446 million profit for FY 2018. The company has often been c
Justin LockNov 1, 2019The ugly truth about crypto-assets exchange volumesOn April 2nd, a breakthrough occurred, marking the end of the crypto-winter. Not only Bitcoin, but also many altcoins, surged by +25-30%, bu
Justin LockJul 1, 2019Strong EBITDA multiples of crypto-exchangesThe digital asset sector could take a long time to recover back to November 2017 numbers. Yet with millions of active users, an internationa
Justin LockApr 18, 2019Huge gap in profits of crypto-assets exchanges vs. minersWhile the profit of exchange platforms has remained pretty stable around 45% as a percentage of revenue, miners have seen a significant drop
Justin LockApr 15, 2019Comparison of market shares of centralized vs. decentralized exchangesCentralized exchanges account for 80% of all crypto-assets exchanges. Yet the make up 99% of the total trading volume on exchanges. Centrali