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” How to earn passive crypto income with Bitcoin “ Bitcoin (BTC), along with other cryptocurrencies, has provided people with a venue to earn passive income, making money without any active involvement. One doesn’t need to take unnecessary trading risks or spend time reading and analyzing reams of information. While the concept of passive earning…
” Maple Finance CEO: Separating risk from lending saved DeFi from market crash “ Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the prolonged crypto market slump. Speaking to Cointelegraph on the sidelines of the Converge22 conference in San Francisco, Powell noted that,…
” Coinflex plans give 65% of company to creditors as part of restructuring proposal “ Cryptocurrency exchange CoinFlex announced a structuring proposal in response to user feedback following the platform experiencing liquidity issues. In a Wednesday blog post, CoinFlex said under the proposal — which will be subject to a vote and then court approval—…
” Staking providers could expand institutional presence in the crypto space: Report “ The Ethereum blockchain’s carbon footprint is expected to reduce by 99% following last week’s Merge event. By positioning staking as a service for retail and institutional investors, the upgrade could also have a significant impact on the crypto economy, according to a…
” Crypto Biz: The biggest problem with DeFi isn’t what you think “ Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among…
” Analyst says 40% of users in most Web3 games are bots — Here’s how to avoid being fooled “ The decentralized application industry pushed above $40 billion in smart contract deposits in February 2021, and currently the figure stands at $59 billion. To date, “real money” continues to flow into the sector, and on…
” Is Bitcoin really a hedge against inflation? “ While Bitcoin (BTC) has failed in countering this year’s rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka, the managing director of private consumers at Swan Bitcoin. According to Lubka, Bitcoin works well as a hedge against rising prices when…
” Court filings reveal Celsius will run out of money by October “ Embattled crypto lender Celsius Network is on track to run out of money by October, according to the firm’s latest Chapter 11 documents. Filed on Sunday to the United States Bankruptcy Court of the Southern District of New York, Celsius highlighted that…
” Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation “ Singapore-based crypto lending platform Hodlnaut is seeking judicial management to manage its ongoing liquidity crisis and avoid the forced liquidation of assets in the current bear market. The crypto lender informed its users in a Tuesday announcement that they have applied to the Singapore High Court…
” Uniswap’s 80% gains in July are in danger with UNI price painting a classic bearish pattern “ Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly…