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Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually
14.3.2021
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized...
Post-COVID-19, Bitcoin & Co May Help UK Escape from Economic Funk
14.3.2021
After the UK’s decidedly mixed response to the coronavirus pandemic, the nation has proven something of a frontrunner in all things vaccine-related, leading it to start easing out of its latest two-month-plus national lockdown on March 8 ahead of its European counterparts – almost a year since...
Ripple to Dispose Stake in Moneygram Shortly After Announcing End of a Business Relationship
14.3.2021
Just a few days after announcing the end of its partnership with Moneygram, the fintech firm Ripple Labs is now moving to dispose of its stake in the listed company. In a filing with the U.S. Securities and Exchange Commission (SEC), Ripple says it has entered into an agreement with Jefferies...
Clever DeFi to Add Liquidity on Uniswap Following Minting Phase
14.3.2021
PRESS RELEASE. CLEVER, a fully Decentralized Finance protocol, is set to bring added liquidity and extra value to its Ecosystem via the supported listing of its native CLVA token on popular decentralized exchange platform Uniswap. Uniswap Listing Next Phase for Clever Ecosystem The listing will...
Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
13.3.2021
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed...
Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer
13.3.2021
According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific...
Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi in 2021
13.3.2021
A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle,...
Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle
13.3.2021
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of...
Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
13.3.2021
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that...
Japanese Court Convicts Bitcoin Tax Evader- Trader Gets a Year in Prison Plus Fine for $200K
13.3.2021
Japanese authorities aren’t hesitating in hunting down anyone considered a crypto tax evader. A court in Ishikawa has sentenced one of them, a 56-year-old man that will spend one year in prison, plus pay a $200,000 fine. Sentenced Man Didn’t Disclose His BTC Trading Activity of...
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Spanish Ministry of Economy Proposes to Create a Financial Customer Ombudsman for Crypto-Related Matters
13.3.2021
Crypto regulation in Spain remains on the political talks amid the current bull-run seen in the bitcoin prices. Now, the country’s Ministry of the Economy is about to create a new Financial Customer Ombudsman for crypto-related matters. Independent Financial Customer Body Will Abide by...
Ethereum’s Buterin Highlights Layer-Two Rollups as Potential Scaling Solution
12.3.2021
As questions circle about the network’s capacities following surging transaction costs and accelerating activity in the decentralized finance (defi) arena, Ethereum’s founder Vitalik Buterin opines that layer-2 solutions could help the network scale by a factor of 100x in mere months...
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
12.3.2021
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade....
13 Shows and Movies to Prepare You for the Inevitable Zombie Attack
12.3.2021
The CDC recently released an actual guide for zombie preparedness, with tips and tools for surviving disastrous situations illustrated in a graphic novel. CDC officials might be suffering from a bout of pandemic cabin fever, but I, for one, will take heed of their advice, which can apply to almost...
How to Use Tailwind on a Svelte Site
12.3.2021
Let’s spin up a basic Svelte site and integrate Tailwind into it for styling. One advantage of working with Tailwind is that there isn’t any context switching going back and forth between HTML and CSS, since you’re applying styles as …
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Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
12.3.2021
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in his tweet that “Grayscale...
Platform News: Defaulting to Logical CSS, Fugu APIs, Custom Media Queries, and WordPress vs. Italics
12.3.2021
Looks like 2021 is the time to start using CSS Logical Properties! Plus, Chrome recently shipped a few APIs that have raised eyebrows, SVG allows us to disable its aspect ratio, WordPress focuses on the accessibility of its typography, and …
The post Platform News: Defaulting to Logical...
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin
12.3.2021
On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000 Twitter followers....
Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust
12.3.2021
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC...