Who wants 3,000,000% APY? The answer is everyone, and that’s precisely the appeal of high APY DAOs. But recently, Reddit user rayjaywolf pointed out that almost all (significant) high APY DAOs are 90%+ down from their all-time highs. According to the figures, the biggest loser is R U Generous, down 99.8% from its $2,041 ATH. …
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A Financial Times report has revealed that Coinbase has listed up to 20 cryptocurrencies without revealing that it was holding a financial position in those assets. Coinbase listing pushes value of assets it has financial interest in higher According to the report, a newly listed coin tends to see its price-performance surge on its listing …
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The National Football League will be giving a special gift to its Super Bowl fans. The NFL will provide virtual tickets to the attendees of the Super Bowl as commemorative NFTs to celebrate the advent of Super Bowl LVI starting from February 13th, 2022, in Los Angeles. Super Bowl to offer virtual tickets as NFTs …
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Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance minister, Nirmala Sitharaman, proposed taxing crypto income at 30%. Indians Sign Petition Urging Government to Rethink Crypto Tax Proposal A petition has been initiated on Change.org for the government of India to “introduce reasonable crypto tax …
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9% during the last 30 days. The …
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Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United States are released, and this typically sees …
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press release PRESS RELEASE. February 04th – Sydney, Australia: SIDUS HEROES, the play-to-earn, blockchain, MMORPG game, announced today that it has raised $21 million in its seed, private and public funding rounds with Animoca Brands as its lead investor with Alameda Research, Bloktopia, OKEX, Polygon, Master Ventures and other companies participating. SIDUS HEROES is the …
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its …
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Three years after it became apparent that Dan Reich couldn’t access his Trezor One hardware wallet, a computer engineer and hacker, Joe Grand, has come to his rescue. Trevor one owner loses access to wallet Reich, an entrepreneur based in New York City, and his friend had in 2018 discovered that their investment in Theta, …
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Former ConsenSys Sales and Marketing Leader Ken Timsit will lead Cronos chain and Particle B as the new Managing Director. Cronos runs in parallel to the Crypto.org Chain, and is the first Ethereum-compatible blockchain network built on Cosmos SDK technology. Particle B is a Web3 startup accelerator that focuses on DeFi and Gamefi projects and …
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According to data from Footprint Analytics, the TVLs of both Curve and Convex surpassed Aave, formerly the No. 1 DeFi protocol, in November and December. Continuing its strong momentum, Convex also overtook MakerDAO in late December to become the second-ranked project behind Curve. Footprint Analytics – TVL of Top 5 Projects The growth of Convex …
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Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply Exceeds Demand on Russian Market for Mining Chips Mining hardware is …
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The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this will bring more clarity to the cryptocurrency scene in the country, and will contribute to preventing crimes such as money laundering. Central Bank of Ecuador Has …
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Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first exchanges to announce its exit from the …
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Onomy Protocol recently announced teaming up with Harmony, adding the highly scalable, low-energy blockchain based on a sharded architecture to a growing list of cross-chain deployments. The integration will combine the deployment of Onomy’s hybrid DEX, multi-currency stablecoins, and a bi-directional bridge. Onomy’s robust infrastructure includes an application-specific Layer 1 blockchain built with Cosmos Tendermint, …
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