MicroStrategy CEO and Bitcoin bull Michael Saylor says Bitcoin (BTC) is second to none in the history of humanity in terms of property. In an interview on mixed martial arts YouTube channel Tristar Gym, Saylor unveils what he believes is the big value proposition behind Bitcoin. ADVERTISEMENT “Bitcoin is property rights. It’s technology to …
Yearly archives: 2021
Like Ethereum, but Better – Polkadot Could Be the Secure Future of the Blockchain
Polkadot has attracted significant attention since the project’s inception in 2016 due to its founding team. Polkadot is the brainchild of Dr. Gavin Wood, one of the original co-founders of Ethereum and who came up with the idea of the Solidity programming language. Wood left his position as CTO at Ethereum in 2016, shortly after …
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CoinFLEX, the First CEX To Launch an AMM, Now Announces Competition Campaign ‘AMM+ Arena’
AMMs have seen incredible growth in the past 18 months. Its popularity resulted thanks to the enormous profits yield farmers are receiving by offering their liquidity to liquidity pools and earning trading fees. One exchange has recently launched its own AMM that sets itself apart from other exchanges for multiple reasons. For starters, while all …
Ethereum competitor Near launches $800M developer fund as DeFi competition heats up
Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy. The new funding, which includes the $350 million grants program announced by Proximity Labs last week, gives ecosystem developers added …
Bitcoin charges toward $64K as Tesla ATH boosts Elon Musk to $250B net worth
Bitcoin (BTC) price hurtled towards $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin daily gains near 7% Data from Cointelegraph Markets Pro and TradingView confirmed solid 6.5% gains for BTC/USD in the past 24 hours to 4pm UTC …
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How to use stablecoins to earn a higher APY
Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital asset was pegged to the US dollar, $100 worth of …
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Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commission’s lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which took eight long years to materialize. While the first ETFs are tracking CME-traded Bitcoin futures rather than the asset’s spot price, the …
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Crypto-loving Nigeria to launch eNaira stablecoin today
Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. At last, Nigeria to launch eNaira today Fresh news broke on Saturday from the apex bank through its spokesperson, Osita Nwasinobi, who revealed in a signed statement that the Central Bank Digital …
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NFT game MetaWars raises $2.3 million ahead of WARS launch on Binance Smart Chain
MetaWars, a multiplayer strategy game built on Binance Smart Chain, has successfully raised $2.3 million from investors ahead of its game launch and initial decentralized exchange offering (IDO). Investors include ABV, Raptor Capital, CinchBlock, x21, CoinUnited.io, Double Peak, Magnus Capital, Everse Capital, Infinity Gainz, IceTeaLabs, as well as Mr. Beast for supporting our endeavors. Weapons …
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Mastercard to soon offer Bitcoin rewards and purchases for merchants
21 remaining firms become official Libra members after Visa, Stripe, PayPal, and others pull out The head of Libra, Facebook’s controversial cryptocurrency initiative, has stated the project will continue to develop its planned “new global currency” despite having lost a quarter of its backers, including Stripe, Visa, PayPal, and Mastercard. 2 min read → Go …
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Op-Ed: Could crypto IDOs replace IPOs as a capital generator?
Initial DEX offerings (IDOs) and initial public offerings (IPOs) are highly regarded as capital generators for startups trying to become respected players in the cryptocurrency space. They are both lucrative fundraising mechanisms for emerging companies. However, IDOs are based on decentralized exchanges and aren’t bound by the strict regulations enforced by centralized exchanges. And, other …
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Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates — Snowden Says ‘Don’t Catalog Eyeballs’
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and …
‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’
The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen, the funds collected would help finance things related to climate and social change. While Yellen said that U.S. senator Ron Wyden (D., Ore.) was working …
Announcing the HUMAN Grants Program: $10 Million to Fund the Next Wave of HUMAN Protocol Solutions
press release PRESS RELEASE. The MetaHUMAN Foundation has announced a grants program to support a new generation of projects looking to adopt and build on top of HUMAN Protocol. Successful applicants will have access to an allocated fund of $10 million, to supercharge the adoption of the Protocol, and realize new possibilities for HUMAN technology …
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto …