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“# New Zealand firm launches stablecoin backed by NZD ” Auckland-based financial service provider Techemynt announced the launch of a stablecoin reportedly backed by the New Zealand dollar. In a statement from Techemynt today, the firm announced it had launched a cryptocurrency backed 1:1 by the New Zealand dollar and deployed on the Ethereum blockchain…
“# Dash rolls out Ethereum DeFi bridge with staking and yield farming ” Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge. According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to…
“# Much fun, no work: DOGE must ditch meme status to be valued as money ” There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long…
“# Nvidia RTX 3060 mines Ether at full power as miners allegedly bypass hash limits ” Nvidia’s attempt to shift Ether (ETH) miners away from its new GeForce RTX 3060 graphics card by limiting its hash rate appears to have been short-lived. Screenshots posted by tech leak Twitter account I_Leak_VN show a stack of eight…
“# Case examiner says Cred platform hired escaped prisoner as CFO ” Bankrupt cryptocurrency lending platform Cred Inc is believed to have unwittingly appointed a prison escapee as its Chief Financial Officer. A report filed by examiner Robert Stark of Brown Rudnick LLP on March 8 asserts that former Cred CFO James Alexander has been…
“# ’Breaking new ground is never easy’ — Kings of Leon’s NFT release takes in $2M ” The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its first five days according to figures on the Open Sea platform. However…
“# BlockFi users targeted in ‘racist and vulgar’ email attack ” This week’s temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by a “malicious actor” according to Forbes. According to employees of the company, a single attacker began the registration process for more 1,000 fake accounts on…
“# JPMorgan launching ‘crypto exposure basket’ featuring MicroStrategy and Square ” JPMorgan Chase has designed a new debt instrument that provides investors direct exposure to a basket of crypto-focused companies, according to a new filing with the United States Securities and Exchange Commission, or SEC. JPMorgan’s Cryptocurrency Exposure Basket (Mar 2021) is described as an…
“# Gemini crypto exchange sponsoring the Oxford-Cambridge boat race ” Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race. In an announcement from Gemini today, the Winklevoss twins said the crypto exchange would be the principal sponsor for this year’s boat race…
“# Norweigan energy tycoon spins up new Bitcoin business ” Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder letter. On Monday, Aker announced that it has established Seetee — a…