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DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...
Contrary to Musk's Idea, You Can't Just Increase Block Size, Says Buterin
24.5.2021
There are limits to blockchain scalability in order to not sacrifice decentralization, according to Ethereum (ETH) Co-founder Vitalik Buterin, and "you can't "just increase the block size by 10x"," as was Tesla's chief Elon Musk recently shared idea.
While Musk recently tweeted...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
17.5.2021
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to reduced hydropower generation as authorities register a surge in electricity consumption for cryptocurrency mining. Crypto Miners...
Official Remittance Inflows to Zimbabwe Surged to $1 Billion After Covid-19 Restrictions Forced Migrants to Use Formal Channels
13.5.2021
Cross border remittances into Zimbabwe surged to $1 billion in 2020, more than a 36% increase from the $636m that was recorded in 2019. This surge in remittances occurred despite the “steep decline in economic activity in host countries, which in turn made it difficult for migrants in...
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
DeFi hacks on Binance Smart Chain rise as TVL and volumes increase
10.5.2021
While Binance Smart Chain expands its footprint, hacks on DeFi protocols housed on the network increase hand in hand
South African Tax Collector Targeting Crypto Investors in Its Bid to Raise Extra Revenues
10.5.2021
Latest reports from South Africa suggest that the country’s tax agency will now be targeting cryptocurrency investors as it attempts to increase the total value of revenues collected. Alongside high net worth individuals and offshore investors, digital currency holders now constitute an area...
EOS price rallies 100% following a proposal to increase staking rewards
6.5.2021
A proposal to boost staking rewards and increase the inflation rate triggered a 100% rally in EOS price
Returnal Patch Aims To Reduce Crashes, Increase...Corpses?
5.5.2021
Returnal’s latest patch is out today, and while it’s not the new PlayStation 5 exclusive’s first update, it’s the first time developer Housemarque has released patch notes. They’re pretty thin, but they address various crashes players have been experiencing, as well as some other tweaks. Read more
Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies
5.5.2021
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and...
Marlton Applauds Decision to Increase Digital Currency Group’s Authorized Purchase of GBTC Shares to $750 Million
4.5.2021
Investment management firm, Marlton, has applauded the recent decision to authorize the purchase by Digital Currency Group (DCG) of up to a total of $750 million worth of shares of Grayscale Bitcoin Trust (GBTC). This latest action follows Marlton’s recent call for DCG and the Grayscale board...
Bitstamp announces US expansion after 570% increase in customers
3.5.2021
"The potential upside for new retail and institutional investors in the U.S. is astronomical," said CEO Julian Sawyer
Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility
30.4.2021
PRESS RELEASE. Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network 29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with...
Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows
28.4.2021
Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins...
MetaMask cites 'global south' for their 5x increase in users
27.4.2021
The wallet service and browser extension has seen its active monthly users grow five times since October 2020
Bitcoin, Ethereum and Altcoins Start Fresh Increase
26.4.2021
Bitcoin price remained well bid above the USD 47,000 level. As a result, BTC started a fresh increase and it cleared the USD 50,000 resistance level. It is currently (04:50 UTC) trading above USD 52,000 and it might face hurdles near USD 53,250.
Similarly, most major altcoins are gaining bullish...
China’s Carbon Neutral Stance Puts Pressure on BTC Miners, Sichuan Electricity to Increase 150%
24.4.2021
Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%....
Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years
12.4.2021
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just...
VC funds bullish on crypto, increase investment in blockchain startups
11.4.2021
Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential
MicroStrategy Invested $15M in BTC to Increase its Holdings
6.4.2021
MicroStrategy, a business analytics company, recently announced that they have acquired an additional 253 BTC with $15 million to increase their overall Bitcoins holdings to 91,579 BTC as of April 5, 2021. This implies that MicroStrategy has purchased each Bitcoin for $59,339 and has invested...