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“# DeFi growth and potential Grayscale YFI security push Yearn.finance to $45.9K ” In the early hours of Feb. 11 Yearn.finance (YFI) experienced a high volume spike which pushed the price to a new all-time high at $45,900. Data from Cointelegraph Markets and TradingView shows that YFI hit a swing low at $33,638 on Feb.10…
“# Qtum, Status (SNT) and Iota (MIOTA) rally after breaking multi-year downtrend ” Shortly after Tesla announced that it will allow customers to buy products with Bitcoin (BTC), a curious job posting from Amazon suggests that the company could also be working on a platform that will allow customers in Mexico to use digital currencies…
“# Pundi X (NPXS) gains 102% ahead of testnet launch and token burn ” Since Feb. 6 Pundi X (NPXS) has rallied by 102%. While it would be easy to assume that it’s breakout is simply following in the hoof prints of the herd of altcoins that have been rallying alongside Bitcoin, the current move…
“# Privacy in blockchain and crypto is a major concern for users, study reveals ” To better understand user behavior and sentiment regarding transactions and privacy on the blockchain, Manta Network ran a survey in December 2020 studying user trust regarding privacy on the blockchain, as well as centralized and decentralized exchanges. The 2021 Privacy…
“# Tesla’s $1.5B Bitcoin buy throws the cat amongst institutional pigeons ” Not all analysts are convinced that Tesla’s recent acquisition of $1.5 billion worth of Bitcoin (BTC) will prove to be as beneficial for the tech giant as it was for the BTC coin price. Head of equity strategy at Saxo Bank, Peter Garnry,…
“# AC Milan fans to use blockchain tokens to vote on soccer club motto ” Italian football giant AC Milan has just launched its own fan token, enabling fans to vote on a club motto for the season. According to a Feb. 11 announcement, the club’s ACM fan token is now live on fan engagement…
“# Ethereum-based social media project shuts down as ETH fees approach new highs ” An Ethereum-based project has been forced to cease development due to rising gas prices, as the cost of transacting on the blockchain continues to push new highs. The official Twitter account for social media token project Unite announced on Feb. 10 that the…
“# Perceived centralization could kill PoS networks: ShapeShift report ” A new report suggests that Cosmos, Polkadot and NEAR could fail to take off if they are perceived to have an issue with centralization — as the example of EOS demonstrates. Non-custodial crypto asset exchange ShapeShift has published a report predicting that Proof-of-Stake scalable smart…
“# MasterCard announces support for crypto on its network ” MasterCard has announced plans to support cryptocurrencies in 2021, paving the way for its nearly one billion users to spend digital assets at more than 30 million merchants. The firm believes this may open merchants up to new customers and build loyalty with existing customers…
“# Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back ” Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured new multi-year highs. On. Feb. 10, the total crypto market…