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“# 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,…
“# Why institutions suddenly give a damn about Bitcoin ” Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by…
“# Big banks think new furniture is innovation, but they are wrong ” When banks finally come to improve their technology experience, they go no deeper than changing the front end. They’ll make a button blue instead of green or create rounded edges on buttons instead of square ones. They think in terms of their…
“# What happens to your Bitcoin when you die? ” As cryptocurrency investment becomes more and more popular, long-term investors are increasingly concerned with the uncomfortable question: what happens to your Bitcoin (BTC) when you die? According to a 2020 study by the Cremation Institute, nearly 90% of crypto owners are worried about what happens…
“# Ethereum Classic plans ‘Thanos’ hard fork to restore mining with older GPUs ” Ethereum Classic (ETC) is planning to execute the Thanos hard fork, an upgrade that would ensure several more years of mining functionality for graphics cards with 4 gigabytes of RAM. The upgrade, scheduled for block 11,700,000 — set to be mined…
“# IOTA teams up with Austrian uni for Internet of Things and blockchain research lab ” The IOTA Foundation, the non-profit organization behind IOTA, IOTA Tangle and MIOTA, announced they will be joining Austria’s newest Christian Doppler Laboratory, or CDL, as an industrial partner. The first of its kind, the laboratory is housed at the Vienna…
“# Compound liquidator makes $4M as oracles post inflated Dai price ” The crypto market suffered a powerful crash on Thursday morning UTC, which sent prices of major currencies like Bitcoin (BTC) and Ether (ETH) tumbling in excess of 10%. When traders rush for the exits, the price of stablecoins generally increase as the demand…
“#South Africa considers ‘dimming’ the sun to avoid running out of water” It sounds like a plot lifted from a science fiction flick, but scientists have suggested permanently dimming the sun to save South Africa from deadly dry spells. The hairbrained scheme would involve pumping vast quantities of gas into the atmosphere above Cape Town…
“#Egyptian inventor trials robot that can test for COVID-19” TANTA, Egypt – With Egypt facing a second coronavirus wave, an inventor is trialing a remote-control robot which can test for COVID-19, take the temperature of patients and warn them if they don’t wear masks at a private hospital north of Cairo. Mahmoud el-Komy, who designed…
“# Ethereum 2.0: Less is more… and more is coming ” On June 19, 2020, Ethereum increased its gas limit by 25% from 10 million to 12.5 million. In no less than two days, this newfound capacity was used up, bringing the block use right back to 100%. This cat-and-mouse game between a higher gas…