Yield App Doubles Assets In Q3 As It Scores Big With Premier League Partnership

sponsored YIELD App, a FinTech company and digital asset wealth management platform, has published its Q3 report, showing the firm continuing on a strong growth trajectory over the third quarter of 2021, which saw it double its managed assets and strike a high profile partnership with Premier League football club, West Ham United. The quarter …

Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike

A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up to $100,000 in Annual Salary Indian IT companies …

St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation

St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible upside risks to inflation next …

Vitalik Buterin doesn’t regret starting Ethereum as a PoW consensus

During a recent interview, Ethereum co-founder Vitalik Buterin shared his views on how he would have gone about launching Bitcoin. Surprisingly, Buterin said even though Proof-of-Stake (PoS) has its advantages, especially regarding environmental impact, he thinks Satoshi Nakamoto’s decision to go with Proof-of-Work (PoW) was the right thing to do at the time. But given …

How the U.S. became the world’s biggest Bitcoin mining hub

China’s Bitcoin (BTC) crackdown drove the lucrative business out of the country and helped establish the US as the heart of the mining operations, data from the Cambridge Centre for Alternative Finance reveals. According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), which provides a real-time estimate of the total electricity consumption of the Bitcoin …

New IMF report calls crypto a ‘threat to global economy’

The International Monetary Fund (IMF) has recently released its new Global Financial Stability Report, in which the entire chapter was dedicated to the discussion about financial stability challenges posed by the accelerating crypto adoption. The report reiterated old warnings, focusing on the advent of crypto in developing economies, while addressing some of the new emerging …

Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison

The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from the IRS,” said acting U.S. Attorney Chad Meacham. Crypto Firm’s Founders Face up to …

Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules

Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons” …

Crypto Is a ‘Major Priority’ for Miami Mayor Building City Into Crypto Capital of the World

Miami Mayor Francis Suarez says that cryptocurrency is a “major priority” for him as he attempts to build his city into the crypto capital of the world. “I want us to differentiate ourselves as a crypto capital of the United States or of the world,” he said. ‘Major Priority’ — Miami Aims to Become Crypto …

Shiba Inu (SHIB) is about to drop Shiboshis NFTs. Here’s why it matters

Hoping to replicate the success of NFT collections such as CryptoPunks and Bored Apes, Shiba Inu is set to launch Shiboshis. Source: shytoshikusama.medium.com The initial Shiboshis drop will be available only on Shiba Swap. But no firm release date has been confirmed as of yet. In a post dated October 5, Project Lead Shytoshi Kusama …

Cardano (ADA), Bitcoin (BTC) adoption and market trends with Yusuke of Coin Club

Yusuke from Coin Club Japan & Cointelegraph Japan joined the Cryptonites podcast tonight for a talk on everything Bitcoin, markets, and crypto in Japan. He caught up with Cryptonites host Alex Fazel, making for an evening involving both trending and insightful topics. He’s bilingual which is a very rare tonne of knowledge great guy so …

Could Switzerland be the next country to constitutionalize Bitcoin?

Swiss non-profit think tank 2B4CH plans to launch a referendum proposal to have Bitcoin as part of Switzerland’s Federal Constitution. Under Swiss law, “popular initiative” referendums are triggered upon reaching 100,000 signatures. 2B4CH is attempting to drum up support at the grassroots level to meet this criterion. 🇨🇭We are planning to start a Federal Popular …

Swiss Bank Seba Now Lets Customers Earn Yield on Crypto Holdings

A FINMA-licensed Swiss bank, Seba, has launched a program enabling clients to earn yield on their crypto holdings. In addition, the bank will “provide support for centralized lending and borrowing services, enabling investors to generate yield by lending bitcoin and ethereum directly with Seba Bank.” Seba Earn Lets Clients Generate Rewards From Crypto Investments Seba …

NFT Gaming Pioneer Vulcan Forged Launches New DEX for Gaming Tokens

press release PRESS RELEASE. Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metaverse, VulcanVerse. Cardiff, United Kingdom – Blockchain gaming platform, Vulcan Forged, is announcing the launch of the first-ever decentralized exchange (DEX) purpose-built for gaming tokens, VulcanDEX. The DEX will allow users of …

Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors

On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these centralized competitors. Algorithmic or defi-styled …

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