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“# Finance Redefined: DeFi gets shiny new money Lego parts, Jan. 27–Feb. 3 ” Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. The end of January saw a string of interesting announcements from projects building innovative products that may well push DeFi forward. And more price gains of course. To briefly…
“# Bitcoin’s Musk effect: Research shows how Elon moves cryptocurrency prices ” The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE). Blockchain Research Lab published a paper on Jan….
“# China’s blockchain service network announces Cosmos integration ” Tweeting on Monday, the Blockchain-based Service Network — China’s blockchain infrastructure project — announced that it had adapted Cosmos (ATOM) to its Chinese network. The Chinese BSN, unlike the international version, only supports permissioned enterprise blockchains. Thus, the Cosmos integrated to the Chinese-only BSN is an…
“# SBF says he’s amassed a $10 billion fortune in just three years in crypto ” Alameda Research and FTX exchange founder Sam Bankman-Fried has amassed a fortune, mostly via crypto assets over the past few years according to New York Magazine. SBF, as he is known in crypto circles, spoke to the publication about…
“# Devs ditching old ‘Ethereum killers’ for DeFi, NFTs and newer chains: Report ” Software engineers and developers are slowly switching their attention from layer-one blockchains once dubbed ‘Ethereum killers’ to the ever-increasing number of new decentralized finance protocols. A February Blockchain Development Trends report by venture capital firm Outlier Ventures suggests that developers are…
“# Mark Cuban issues burn notice on offensive ENS domain ” Someone sent Mark Cuban a profane Ethereum Name Service domain a few days ago. After observant Twitter users recently tracked down his ether address, it was only a matter of time before a wave of unwanted spam transactions made their way into his account. This…
“# India must revolutionize its digital media industry with blockchain ” India has more than 65% of ut population below the age of 35, with the average age nationwide being 29 years old. Additionally, out of India’s 1.3 billion people, only half currently use mobile phones, and less than half of this number are smartphones. Even…
“# Cross-chain DeFi interoperability on the agenda as Ren joins Alameda ” Cross-chain bridge service Ren has announced that its development team will be joining Alameda according to a blog post by CEO Taiyang Zhang. As part of the announcement, Zhang revealed that the focus of the move is on enabling Solana (SOL) support on…
“# Pioneering Aussie engineer refinances home loan using DeFi in a single day ” A software engineer has taken decentralized finance to a new level of practicality, by paying off his mortgage with Commonwealth Bank of Australia and refinancing the loan through fixed-rate lending protocol Notional Finance. The move marks a major step for the…
“# LUNA doubles in price after $25 million investment by Galaxy Digital ” LUNA, the native coin of the Terra blockchain, shot up another 37% to $2.46 on heavy trading volumes today, continuing a parabolic climb that started in mid-November. The coin is currently up 100% in price since news broke one week ago that…