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“# Lending giant Aave set to launch liquidity mining program ” With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) ledning protocol. Earlier today, Aave Improvement Proposal (AIP) 16 reached quorum, meaning that starting on Monday, 4/26 liquidity providers and borrowers…
“# DEX volumes continue to surge even as Bitcoin and altcoins correct ” Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as traders capitalized on ways to easily trade cryptocurrencies and earn high yields on their hodl stacks. Eventually, high…
“# Eth2 is neutral infrastructure for our financial future ” We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can…
“# Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’ ” Bitcoin and the wider cryptocurrency market took a beating in the late hours of April 22 and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quant analysts like PlanB who were worried that the price…
“# Price analysis 4/23: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH ” As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current 20% for people earning…
“# Nexus Mutual moves to sundown legal entity, lift KYC requirements ” In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform. The…
“# Ethereum ETFs are here, building case for US approval of BTC and ETH funds ” Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first. “Having…
“# Leaked Nvidia RTX 3080 Ti GPU shown mining Ether at 118 Mh/s ” Nvidia’s RTX 30 series of graphics cards have been subject to unending speculation, rumors and even ridicule since the firm first announced it would ship its latest GPU’s with a built-in Ether (ETH) mining limiter. A series of missteps saw the…
“# Bitcoin tumbles 10% in 12 hours to trade below $50,000 ” The price of Bitcoin has fallen below $50,000 for the first time since March, with BTC shedding roughly 10% in the last 12 hours. On April 17, the $60,000 range was rejected, driving a crash in the Bitcoin price of nearly 20% in…
“# Our Man in Shanghai: DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto ” The big news this week happened on April 16th, when a major power outage in Xinjiang wreaked havoc on the BTC hash rate. According to local sources, the hash rates on Ant Mine Pool fell by 21.93%, BTC.com…