The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date. There has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of its new crypto services — enabling both crypto payments and […]
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Researcher argues that fixed rate lending and borrowing would bring DeFi closer to traditional finance DeFi lending protocols have attracted billions of dollars in liquidity provision by offering huge returns, however the sector badly needs more fixed rate lending options according to one researcher. A number of protocols, including Yield Protocol, UMA Protocol, and Mainframe […]
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The latest token offering by Yearn Finance founder Cronje has surged within hours of launch A newly launched token by Yearn Finance founder Andre Cronje has skyrocketed within hours of launch as degen farmers load up. The new token called KP3R is for Cronje’s latest project called Keep3r Network which is a decentralized gig-style, smart […]
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Though the hearing did not focus on solutions, open source looks like a real way of addressing the committee’s concerns about transparency and accountability. In a hearing before the Senate Commerce Committee on Friday, the CEOs of Facebook, Twitter and Google’s parent company, Alphabet, faced a veritable firing squad in what has become bipartisan hatred based […]
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The CEO of Minds thinks that others will follow suit. Alternative social media platform Minds is now letting users permanently save their content on the Arweave platform, which ensures that nobody can ever delete it once published. Minds users can choose to publish their content on the “permaweb” with no payment or additional setup required. […]
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DeFi apps attempt to return crypto funds affected by the KuCoin hack to users. Are they to blame for the issues? The recent KuCoin exchange hack and ongoing OKEx incident, during which withdrawals have been frozen, have raised questions as to how blockchain projects with coins traded on exchanges should act when said exchanges are […]
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Amid a global employment crisis, it’s perhaps inevitable that the gig economy is making inroads into the blockchain space too. Blockchain developers can’t be accused of failing to keep up with the times. The unprecedented shake-up in the world’s labor markets during the COVID-19 pandemic is accelerating the underemployment trends of recent decades. Signs of a […]
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Just one week before the election, President Donald Trump’s website was briefly defaced by crypto scammers. One of United States President Donald Trump’s re-election campaign websites was briefly defaced yesterday, according to an Oct. 28 article on TechCrunch. Hackers managed to replace donaldjtrump.com’s usual campaign rhetoric and request for donations with a spoof of the […]
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Alex Mashinsky has gifted his wife Krissy 15 million CEL tokens worth $20 million for her birthday The founder of the crypto payments network Celsius has gifted his wife a large portion of the token supply, reducing his own enormous stake in the process. Celsius CEO Alex Mashinsky gifted wife Krissy 15 million CEL tokens […]
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A spike in Bitcoin transaction fees has seen the share of miners’ revenues represented by fees tag a two-year high. Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average. According to crypto market data aggregator Glassnode, 22.25% of Bitcoin miners’ income is currently made up of fees, with […]
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