The good news for ETH hodlers about insane gas fees
Galloping gas fees are hurting the average user but Grayscale and Ethereum advocates can see the bright side. Go to Source Powered by WPeMatico
DeFi tokens lead the market higher as Bitcoin price searches for momentum
DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs. Go to Source Powered by WPeMatico
Guggenheim Investments Increases Bitcoin Fair Value Estimate — Says BTC Price Could Reach $600K
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became effective early this week. Guggenheim’s Scott Minerd Says Bitcoin’s Price Could … Read more
Australian pleads guilty to $90 million crypto fund scam in the U.S.
The Australian man admitted to cheating investors out of $90 million taken from two crypto funds in the U.S. Go to Source Powered by WPeMatico
Curve liquidity providers see $3M windfall from $11M Yearn Finance exploit
A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault. Go to Source Powered by WPeMatico
‘Expensive lesson’: 75 Eth2 validators slashed for introducing potential chain split bug
A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance. Go to Source Powered by WPeMatico
Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With Cryptocurrencies
The State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin. The document is part of the general program of the so-called Annual Tax and Customs Control Plan. Spanish Tax Authorities Could Ask Local Exchanges for Customers Data According to the paper, the Spanish Treasury’s entity seeks … Read more
MEW now provides access to 2000 DeFi and NFT DApps on mobile
Striving to become Ethereum’s DApp hub, MyEtherWallet users can now search for and access the entire suite of Ethereum DApps within their MEW app. Go to Source Powered by WPeMatico
Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J
This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J. The crypto VC fund was invoked by Scher, the private equity veteran Glenn Hutchins, and his son James Hutchins … Read more
