DeFi yield farming, explained
Yield farming is one of crypto’s 2020 buzzwords, but what does it mean? Here’s a beginner’s guide explaining the basics — and the complex. Go to Source Powered by WPeMatico
Month: September 2020
A Mega DeFi Project Buy-Sell (BSE) ILO Presale Will Start Today
The cryptocurrency space in recent times has seen and experienced a drastic and exponential growth, this is a result of decentralized finance (DeFi) which has taken an entirely new dimension and has attracted lots of positive attention around it. As at the time of writing, the total DeFi market capitalization is over $14B. This shows … Read more
Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain
Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with Tron. Members of the crypto ecosystem will soon be able … Read more
‘Bulls have won’ — Bitcoin whale clusters suggest BTC trend reversal
Bitcoin whale clusters show the $10,407 level has turned into a strong support area, raising the chance of a renewed bullish uptrend. Go to Source Powered by WPeMatico
Nexo founder feels vindicated by the FinCen leak, talks of double-standards
Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day. Go to Source Powered by WPeMatico
Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law
Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli … Read more
Square CEO Jack Dorsey says Bitcoin holds the keys to security
He also took the time to discuss how content saved via Blockchains becomes effectively immutable. Go to Source Powered by WPeMatico
Crypto ETP volumes fell in September as investors sought safer options
Cryptocurrency ETP volumes continue to drop as long-term investors look for safer options during Bitcoin’s dry spell. Go to Source Powered by WPeMatico
This non-Ethereum based DeFi project has $180M staked so far
This project is focusing on cross-chain interoperability and on-chain credit scoring to advance the DeFi lending ecosystem. Go to Source Powered by WPeMatico
Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four … Read more