Impermanent loss challenges the claim that DeFi is the ‘future of France’
5.3.2022
Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
5.3.2022
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum...
Technical Analysis: Cosmos Down 10%, as ANC Extends Recent Gains
5.3.2022
Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process. Cosmos (ATOM) Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite...
Opensea phishing scandal reveals a security need across the NFT landscape
5.3.2022
OpenSea’s latest vulnerability poses a larger and more deeper question relating to the global NFT ecosystem’s existing security infrastructure
Fast-Food Chain Shake Shack Trials Bitcoin Rewards for Customers Using Cash App
5.3.2022
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend
5.3.2022
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency...
What is the Algorand blockchain, and how does it work?
5.3.2022
Algorand's PPoS consensus algorithm distinguishes it from other blockchain networks that help solve blockchain trilemma
Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine
5.3.2022
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council...
Making the Metaverse the key to a better future instead of a dystopian prison
5.3.2022
The digitization of humanity via AI and the metaverse is already inevitable, but will it lead us to a decentralized, better world or to a dystopian nightmare?
Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation
5.3.2022
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year
Could the Ukraine Invasion Spark a Global Financial Crisis?
5.3.2022
Nasir Aminu, Senior Lecturer in Economics and Finance, Cardiff Metropolitan University. ____
The Russian assault on Kyiv and other Ukrainian cities has intensified uncertainty in the world economy. To condemn Putin’s war, western leaders announced some restrictive economic measures to target...
Citadel Plans to Start Making Markets in Crypto in Coming Months, CEO Ken Griffin Says
5.3.2022
Citadel CEO Ken Griffin, a bitcoin skeptic, admits he has not been right on his crypto call. He now says: “It’s fair to assume that over the months to come, you will see us engage in making markets in cryptocurrencies.” Citadel Getting Into Crypto The CEO and founder...