Traditional Stock Market Valuation Techniques Reveal Overvalued DeFi Projects

Though cryptocurrencies are difficult to evaluate properly, DeFi protocol revenue allows stock market measures like P/E to be used. While it is difficult to define the intrinsic value of most cryptocurrencies, decentralized finance, or DeFi, tokens appear to be an important exception. As explained by Lucas Campbell, analyst at Fitzner Blockchain Consulting, in his Bankless […]

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Is Elon Musk Selling His Bitcoin?

A recent tweet storm from Elon Musk begs the question — is Tesla’s founder selling his reportedly small Bitcoin holdings? As part of a recent series of nonsensical tweets, Tesla’s eccentric founder, Elon Musk, expressed plans to sell all his physical possessions. Are his Bitcoin (BTC) holdings included in the fire sale? “I am selling almost […]

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CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process

CargoSmart’s and Tesla are testing a new blockchain application to streamline the cargo release process. CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco,  Shanghai […]

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