Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets
17.12.2021
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Canaan and Genesis that gives the mining operation...
Genius Yield raises $118M via ISPO in first 48 hours
17.12.2021
The initial stake pool offering has seen significant uptake, with one of the four GENS pools being nearly fully committed in just two days
DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns
17.12.2021
People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned....
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Finance Redefined: 83% of 7-figure Millennials own crypto, Sen. Warren criticizes DeFi, Dec. 10–17
17.12.2021
A new study finds that more than 80% of millionaire youths hold digital assets, Senator Warren attacks stablecoins, and billions are locked in the Eth2 contract
3 reasons why Solana (SOL) price could see additional upside in 2022
17.12.2021
Steady ecosystem growth, institutional investment and a healthy derivatives market are strong signals that SOL will continue to be a top contender in 2022
Crypto derivatives can foresee price action but need institutional buzz to truly shine
17.12.2021
The crypto derivatives market plays an important role in price discovery, but institutional investors are needed to add depth
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
Bank of Russia governor: Banning crypto in Russia is 'quite doable'
17.12.2021
"We cannot welcome investments into cryptocurrencies," says Central Bank of Russia governor Elvira Nabiullina
Blockchain Gaming Adoption Jumps, But Regulation & Education Obstacles Are High - Survey
17.12.2021
While fund flows and user adoption figures continue to skyrocket in the blockchain gaming industry, some of the main challenges that hamper the sector’s further growth include regulatory uncertainty, need for user-oriented education initiatives, and technology limitations, among others...
South Park excoriates NFTs as investments in latest vision of post-COVID future
17.12.2021
"Another 30 seconds in that room and you would have started considering NFTs as a viable investment" was just one of the jokes the show used comparing NFT investments to insanity
YFI price gains 46% in just four days after Yearn Finance's $7.5M buyback
17.12.2021
Its "decentralized" Treasury has more than $45 million and would pursue similar YFI buybacks in the future
Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735%
17.12.2021
A major cryptocurrency exchange in India, Wazirx, has reported “a massive surge in user signups” this year, with 82% of its users making profits on their crypto investments. Its trading volume also rose 1,735% from the previous year. Meanwhile, the Indian government is actively...