By Jakub Rehor, CIO of Lucy Labs — A peculiar new literary genre has flourished in the last few years: the Tether FUD. Like the sonnet and the haiku, it is rigid in subject and form. The subject is the imminent collapse of the USDT stablecoin; the form is a screed. The most outstanding practitioners of the genre…

Lucy Labs hosted its first Investor Day Webinar on Thursday, September 29th which was attended by more than 100 existing and prospective investors. The event included presentations from the firm’s founders George Chuang, Jakub Rehor and Robert Mah, as well as other senior members of the digital asset team. The…

By Ron DiRusso, Contributor for Lucy Labs — Most investors would agree that diversification can be healthy for a portfolio. For one thing, provided the asset mix is uncorrelated, diversification reduces overall risk, without necessarily reducing returns. Of course, that depends on the mix of assets chosen, and the number of assets in the portfolio. …

By Glenn Rosenberg, COO of Lucy Labs — What was Libra? Libra was a blockchain based, digital currency intended to drive Facebook’s ecosystem using proprietary wallet technology called Calibra. Facebook created Libra to make a simple global currency and financial infrastructure available to billions of people. The Libra project consisted of a permissioned proprietary blockchain (Calibra), a smart contract platform with…

By Greg Benhaim, Head Trader at Lucy Labs — Financial markets innovate at a snail’s pace compared to technology because regulatory bodies constantly interfere and stifle growth. However, every few decades, new financial products are created that completely disrupt traditional finance. Most recently, in 1981, the CME introduced cash settled futures contracts, starting with the Eurodollar and expanding from…