New research from US crypto exchange Xcoins suggests gold investors are pretty evenly split between men and women, but men dominate the ranks of crypto investors by a significant margin. The data also revealed that “gold investors are more likely to own a cat than cryptocurrency holders (45% to 38%), while cryptocurrency holders tend to be ‘dog people’ (43% to 38%).” Xcoins’ research used Global Web Index data between 2017 and 2020, to find the differences between gold and crypto owners. The research found that there is a significant disparity between women's views on gold as an investment as opposed …
Women working in the blockchain sector are still few and far between. While exact statistics are unclear, technology has, in general, remained a male-dominated field. For instance, a recent report from Deloitte found that only 7% of fintech startup founders are women. The report also noted that startups founded and co-founded by women have struggled to raise funds during the COVID-19 pandemic. Findings show that during the first six months of 2020, 20 women-led startups raised a total of $875 million. On the other hand, 243 startups founded by men raised around $12 billion during the first half of 2020. …
To celebrate International Women’s Day this year, Cointelegraph hosted a roundtable with nine leading women in the blockchain and cryptocurrency sector to discuss ways to bring more women into the fintech space. While many thoughts were shared, common themes focused on education, mentorship and inclusivity. Kristina Cornèr, Cointelegraph’s managing editor, kicked off the discussion by asking the panelists about ways to get more women involved with cryptocurrency trading and investing. Although new data from market research firm Cardify shows that more women are making cryptocurrencies a larger part of their portfolio, men are still the majority when it comes to …
According to the World Economic Forum, at the current rate of development, gender inequality in the world will "equalize" in 99.5 years. At the same time, the most hindering sectors for women's participation are economic and political ones. Against this backdrop, International Women’s Day celebrates the social, economic and cultural achievements of women all over the world. To commemorate this important day, Cointelegraph has organized a roundtable event dedicated to hearing the unique perspectives of influential women in blockchain and cryptocurrency. We’ve brought together some crypto’s leading women for this live stream. Our participants include: Anino Emuwa, founder and CEO …
The economic recession of 2008 to 2009 resulted in the invention of Bitcoin (BTC), creating a brand new financial system that is now growing and developing rapidly. Back then, the Harvard Business Review published an article titled “The Female Economy” pointing out that about $20 trillion of the annual consumer spending in the world was controlled by women, and “That figure could climb as high as $28 trillion in the next five years.” Also in 2009, Claire Shipman and Katty Kay published the book Womenomics: Write Your Own Rules for Success. Though the term “womenomics,” and the concept itself, was …
If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach to end-users or entrepreneurs who would be the last to embrace this technology? How can we improve our search for talent to cover universities and geographies that we wouldn’t normally look to? Comparatively, there are relatively few women and people of color in the C-suite of blockchain companies or inside institutions leading their blockchain journey. According to a report by Deloitte, the global fintech founder community is still dominated by men, with women making …
Though Lily Knight may not yet be old enough to spell "cryptocurrency," she’s already taking people to school when it comes to Bitcoin. In a prerecorded video message — because it was past her bedtime — for virtual attendees at the Women of the Future crypto and blockchain conference on Monday, Lily offered some innocent enthusiasm for Bitcoin (BTC) to kick off International Women’s Day. The three-year-old, touted as the "world's leading cryptocurrency expert in the toddler space," was the youngest speaker at the virtual event. "I’ve been a HODLer all my life," Lily said while bobbing her head from …
There’s a rumbling in the crypto world. Long perceived — not unjustly — as a boys’ club, 2020 has seen more women entering Bitcoin (BTC) and other cryptocurrencies than ever before. If the trend continues, we’ll see a welcome influx of women in the space. A recent survey by Gemini reports that women’s investment in cryptocurrency has surged 20% over the past year among a nationally representative sampling of United Kingdom investors. Among those planning to invest in crypto, 40% are women. Crypto trading platform eToro also reported a sharp rise in the rate at which women signed up to …
On Sept. 27, Coinbase CEO Brian Armstrong sought to center his employees’ work around the company’s core mission: “to bring economic freedom to people all over the world.” Armstrong argues for a narrow interpretation of Coinbase’s mission to build the best possible product because it is “already hugely ambitious” and because companies generally cannot succeed if their goals “include all forms of equality and justice.” Armstrong’s perspective is not unique to Coinbase and represents a broader tech industry incarnation of the white-savior complex rooted in the belief of the product’s inherent goodness. This belief is especially noteworthy in crypto, given …
When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who needs to be “financially included” is “most currently unbanked people, who should ideally have access to commercial banking systems.” But it’s not as simple as just asking, “How do we get unbanked people into the banking system?” because the banking system can be exploitative, and newly banked customers often wind up being the least-important customers or paying the highest fees, among other issues. There are significant limitations on the …
The lack of gender and racial diversity in the tech space is no longer a “secret.” According to data from Statista, while the percentage of employed women across all job sectors in the United States has grown to 47%, the five largest tech companies on the planet — Amazon, Apple, Facebook, Google and Microsoft — have a workforce of only about 34.4% women. This misrepresentation extends to the C-suite as well, with 31% of large tech companies lacking any women of color as executives. It’s clear that the tech workforce today doesn’t fully represent the communities in which we live …
Female crypto influencers that have spoken up about gender inequality in the blockchain space have recently had their Instagram accounts removed. Cointelegraph previously reported that three female crypto influencers — Rachel Siegel, Lea Thompson and Catalina Castro Lagos — were mysteriously removed from Instagram following Siegel’s comments on Twitter about the underrepresentation of women in the crypto community. The remarks from Siegel were made in response to Binance only including one woman (herself) as a nominee for their global influencer awards. Lagos was one of only two women to be in contention for the award for the Latin America region. …