According to the latest research, one of the industry’s largest DeFi protocols is facing an incentive crisis. In his report, Alex Kroeger, an Ethereum researcher, found that most Compound’s liquidity miners have little to no economic interest in the protocol and do not participate in the protocol’s governance. The report analyzed the top 100 accounts …
Continue reading “Less than 20% of Compound’s liquidity miners hold any COMP tokens at all”
Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his government is planning …
Continue reading “Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies”
A new crypto tax paradigm is brewing in Argentina, where two provinces have now approved crypto tax laws. This means that Argentinian citizens must disclose their cryptocurrency holdings and pay taxes according to the trades they do in the provinces of Tucuman and Cordoba. This is because cryptocurrencies have been grouped with all other international …
Continue reading “Citizens in Argentina Might Have to Pay Crypto Taxes Depending on Location”
sponsored William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to …
Continue reading “Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner”
The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek …
Continue reading “SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol”
HodlX Guest Post Submit Your Post Nayib Bukele is synonymous with Bitcoin. The Salvadorean president bet big on crypto – officially. Some politicians speak, Bukele acted, officially making Bitcoin legal tender in his country. His is the first such large-scale national test of the cryptocurrency. The experiment is, politically, his alone. And when one’s political future …
Continue reading “In the Land of Volcanoes, Bitcoin Makes the Case for Renewables”
HodlX Guest Post Submit Your Post Binance Coin (BNB) is unloading a trend wave that could reach $1,500 within the next few months. Using Elliott Wave Theory as our guide, we inspect the market’s trends (called ‘waves’) to determine where we are within the eight-wave Elliott wave sequence. Within the idealized eight-wave structure, the market …
Continue reading “Binance Coin (BNB) Eyes $1,500 Within Current Trend: Elliot Wave Analysis”
Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build a “K-pop music metaverse.” Announced on Nov. 15, the partnership will see Animoca and Cube work together to create multimedia NFTs celebrating popular actors …
Continue reading “Animoca Brands unveils plans for K-pop NFT metaverse”
After rallying to new highs, the value of popular meme coin, Shiba Inu, has witnessed a significant drop in value, however, despite this huge loss, over 70% of investors in the digital asset are in profit according to data from Intotheblock. SHIB holders are in profit The Intotheblock data also shows that 17% of the …
Continue reading “Over 70% of Shiba Inu (SHIB) holders are in profit”
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries …
In development since 2018, Integritee AG’s solution enables sensitive business or personal data to be securely handled in an interoperable blockchain ecosystem. Using a hybrid of blockchain technology and hardware-enabled trusted execution environments, it enables businesses to securely process sensitive data, aiding compliance with privacy laws like GDPR. Alain Brenzikofer is the CTO and Co-founder …
Skybridge Capital’s founder says bitcoin “will easily trade at $500,000 a coin,” noting that investors should buy some right now, even at the current price. “I’m trying to do my best to explain to them why they need to own this right now,” he said, emphasizing that we are still “very, very early.” ‘These Coins …
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has some advice on how to get into bitcoin or other cryptocurrencies. “It’s a wonderful universe. It’s a fantastic asset. It’s a must-own if you’re an investor,” O’Leary said. He also revealed that his crypto exposure has grown to about 10%. Kevin O’Leary Has Some Advice for …
BTC/USD Is in a Sideways Move as Buyers Battle $66k High -November 15, 2021 Since November 14, BTC/USD has been in an upward move as price reached the high of $66,162 and as buyers battle $66K high. Presently, Bitcoin is retracing from the $66,000 resistance zone. The uptrend is to revisit the previous high of …
A popular crypto strategist and trader is highlighting a crucial resistance area for XRP that it must take out to clear the way for a new all-time high. Pseudonymous crypto analyst Credible tells his 263,300 followers that XRP is currently taking it one level at a time and should see clear skies to new all-time …
