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“# Bitcoin moves $500K around the globe every second, says Samson Mow ” Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value….
“#Australian telescope maps deep space at record speed” MELBOURNE – A powerful new telescope in outback Australia has mapped vast areas of the universe in record-breaking time, revealing a million new galaxies and opening the way to new discoveries, the country’s national science agency said on Tuesday. The A$188 million ($138 million) radio telescope, dubbed…
“# Yearn’s merger with SushiSwap will be the most comprehensive to date ” The flurry of Yearn.finance (YFI) “mergers” continues with the tightest integration yet with SushiSwap (SUSHI), the decentralized exchange that began its life as a Uniswap fork. Announced by Yearn founder Andre Cronje on Tuesday, the collaboration involves a variety of synergies between…
“# Eth2 dev talks about challenges and lessons learned ahead of mainnet launch ” After years of delays and changes in plans, Ethereum 2.0 is finally approaching release on Dec. 1. Ethereum 2.0 Phase 0 is introducing the long-awaited mechanism of staking to the smart contract platform, in addition to launching the skeleton of a…
“#Google’s DeepMind AI cracks 50-year-old riddle in major scientific breakthrough” Artificial intelligence has helped to solve a 50-year-old riddle that could lead to faster virus treatments and medicinal discoveries. The “protein folding problem” has baffled scientists for decades because there are so many different types of proteins and they can be found in all living…
“# Can DeFi indices finally make crypto-based passive investing worthwhile? ” Index investing in the stock market has become extremely popular thanks to the proliferation of exchange-traded funds, or ETFs, which often track popular market indices like the S&P 500 or the Nasdaq-100. Investing in the entire market can be a simple but effective strategy….
“# Bitcoin theft is likely to surge in meager post-COVID economy: report ” Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab. Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some specific types of…
“# Yearn teams up with Akropolis to boost institutional outreach ” Yearn Finance announced on Monday yet another merger with Akropolis, a multi-product DeFi protocol featuring yield optimization and under-collateralized loans. Like the Cream Finance merger announced last week the two ecosystems will remain largely independent in terms of their tokens and overall product lines, a…
“# Philanthropy: A missing catalyst of blockchain adoption ” When most people imagine the problems solved and industries disrupted by blockchain technology, the typical use cases come to mind: global currency, store of value and even a way to track goods on an immutable ledger. A good starting point in understanding what drives the adoption…
“# Yield farming is a fad, but DeFi promises to change the way we interact with money ” As the COVID-19 outbreak wreaks havoc on the United States’ economy and abroad, investors grapple with a second economic downturn in just over a decade. While the 2008 financial crisis and the coronavirus pandemic are very different,…