Polkadot reveals details of a new crowdfunding mechanism: the initial parachain offering. Much of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings. For example, in 2017, the blockchain space witnessed the rise of initial coin […]
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It’s one thing to “win at all costs,” but what if that cost is half a million dollars? By far the biggest benefit of blockchain gaming being pushed by developers and publishers is the creation of the non-fungible token, or NFT. This technology allows in-game items, from a mystical sword of plenty to that level-99 […]
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Interoperable DeFi platforms can help with Ethereum’s high transaction fees. The team behind the smart contract-enabled sidechain extension for Bitcoin, RSK, announced Tuesday that Maker’s Dai (DAI) stablecoin is now available on the platform. The integration makes it possible to transfer Dai from Ethereum to the RSK sidechain, which makes it available for use in […]
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Binance Futures’ DeFi Composite Index has lost half of its value since launching, while TokenSets’ DeFi Pulse Index is down by one-third. On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made […]
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Discover the intricacies of short and long positions in crypto trading. These principles can be applied by both new and experienced traders. How can margin trading amplify the targets of long and short positions? Margin trading can magnify the potential results of long and short positions thanks to leverage — i.e., borrowed funds. Going long […]
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Some UniCats users saw their entire token balances drained due to a malicious contract. Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance. According to ZenGo researcher Alex Manuskin, at […]
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Is risk in the eye of the beholder? Canada’s central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. “An anonymous token-based central bank digital currency (CBDC) would pose particular security risks,” the Bank of Canada wrote in its Oct. 5 report. “These risks arise from […]
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Xfers believes it’s time other national currencies received a piece of the action too. Singapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar. The stablecoin would be one of the first SGD-denominated tokens, giving Singapore businesses and individuals a way to transact with crypto backed […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week CFTC charges BitMEX with illegally operating […]
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SEC v. Kik doesn’t have to be game-over for Kik or SAFTs. In fact, the decision is perhaps more favorable than the SEC v. Telegram order. On the last day of September 2020, Judge Alvin K. Hellerstein dashed the hopes of Kik Interactive, crypto entrepreneurs and Simple Agreement for Future Tokens, or SAFT, proponents in […]
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