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As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls
3.1.2022
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls...
Bitcoin is new gold for millennials, Wharton’s finance professor says
3.1.2022
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015
Yearn Finance risks pullback after YFI price gains 100% in less than 3 weeks
3.1.2022
The recent bout of buying in the Yearn Finance market accompanies meager volumes, suggesting there are not enough buyers backing YFI's price rally
Slim Shady buys Bored Ape 'EminApe' NFT for $460K
3.1.2022
The Bored Ape NFT depicts a gold chain necklace and khaki army cap that Eminem wears in real life and has been officially added to his portfolio by OpenSea
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...
Sunday Comics: 2022
2.1.2022
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
India’s Central Bank RBI Says Crypto Is Prone to Fraud and Poses Immediate Risks to Consumer Protection
2.1.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about multiple risks cryptocurrency poses to the country’s financial stability. “They are also prone to frauds and to extreme price volatility,” the apex bank claims, stressing that...
Sberbank Launches First Blockchain ETF in Russia
2.1.2022
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces...
Eth2's Rocket Pool reaches $350M TVL and 635 node operators in five weeks
31.12.2021
“In the staking market, there was significant latent demand for a decentralized option — it just needed our launch to spark an inferno,” said Rocket Pool general manager Darren Langley
Finance Redefined: Polygon fixes $24B bug, Hoskinson optimistic for Cardano in 2022, Dec. 24–31
31.12.2021
This week's Finance Redefined features the latest developments concerning Polygon, Interlay, Bent Finance and Grim Finance
3 reasons why Convex Finance surged 215% in December to hit new all-time high
29.12.2021
Convex Finance saw its token price and total value locked hit all-time highs following several prominent exchange listings and the addition of support for new assets
Roblox CEO Outed For Using Completely Legal, Completely Ridiculous Tax Dodge
29.12.2021
Game-making platform and fledgling metaverse Roblox made the news yesterday as the focus of a New York Times report about a ‘90s era tax cut that’s spun out of control. Originally created to foster investment in small businesses, the Qualified Small Business Stock, or Q.S.B.S., exemption...
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
29.12.2021
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days....
S&P Global Ratings Study Predicts Crypto and Decentralized Finance Will Continue to Grow in 2022.
29.12.2021
S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder...
Defi Portfolio Tracking Startup Debank Raises $25M From Sequoia China, Crypto.com, Circle
29.12.2021
The decentralized finance (defi) portfolio tracking startup Debank raised $25 million from investors according to an announcement on Tuesday. Following the equity financing round, Debank says it has an overall valuation of around $200 million. Defi Dashboard Debank Raises $25 Million 2021 was...
‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi's future
28.12.2021
In a live YouTube session, Hoskinson delivered a 30-minute briefing on the need for collaboration and friendliness within the DeFi industry
Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals
28.12.2021
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal...
Study Shows Market Share of Altcoins Surged Threefold Since 2014
27.12.2021
This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...
Crypto Market Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone
27.12.2021
The sentiment in the crypto market has improved from last week, although it still remains in the zone considered “neutral” by the market sentiment analysis service Omenics....
Read More: Crypto Market Sentiment Improves, Bitcoin & Ethereum Enter Positive Zone
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
27.12.2021
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated...