The DeFi boom continues unabated as the YFI (yearn.finance) coin has a Super Sunday and breaks all records for a crypto just a month old. With a price tag of nearly $40,000 (highest point was $38,683) and an increase of some 70% at a certain moment yesterday, the brand new coin is continuing to shatter […]
Ruja Ignatova, the missing Bulgarian Ponzi-schemer who left the crypto space with a dented reputation and a 7.2 billion dollar hole, is making headlines again, this time in the UK where a popular podcast about her endeavor known as OneCoin has revealed further scandal for London’s City district.This week, the global OneCoin story landed in Australia, […]
The Polkadot token could be on its way to the top 10 rankings with its recent redenomination. Its native token DOT was recently revalued with the reported circulating supply hitting 897,675,920 according to Coinmarketcap.Furthermore, DOT has more than doubled in value in the past seven days with the coin currently trading at $6.08, which when […]
Employee loyalty was key for Elon Musk, CEO of Tesla, SpaceX and Neuralink, after a criminal tried to bribe one of his employees into accepting millions in Bitcoin to hack into the company’s mainframe. The employee refused and instead alerted the FBI. Meanwhile Musk was informed just as he was about to show off his […]
As a somewhat seasoned author of articles on business and politics, it felt nostalgic to see one of the Financial Times journalists this week (try and) make the link between the best known cryptocurrency Bitcoin and the fringe alt-right conspiracy group QAnon, and then describe the latter in the same manner that Rolling Stone magazine once used to […]
NEO founder Da Hongfei has announced that DeFi protocol-based platform Flamingo is set to begin rolling out in September 2020.According to Hongfei Flamingo has the capacity to support a variety of use cases and from asset cross-chain and reward distribution.Flamingo is set to become a key Neo-based asset which will comprise fees, collaterals and governance […]
The ideological battle between China and the city-state of HongKong has not only descended into a standoff of authoritarianism versus liberalism, but also pitted China’s digital yuan versus Bitcoin.Yesterday, another page-sized ad promoting Bitcoin appeared in a popular HongKong newspaper, just as China plans to roll out their own “Digital Yuan” in the city.Historic handoverHongkong […]
The once feared Federal Reserve speech of Jerome Powell turned out to be a big nothingburger in the end but Bitcoin and Ethereum seem locked in a tight trading range which doesn’t let them break out, whether to the down- or even upside. Meanwhile smaller DeFi coins continue booming just as ChainLink also seeks direction.BitcoinThe […]
The Winklevoss brothers have detailed their vision of the price of Bitcoin (BTC) and according to them, BTC could hit $500,000 in the future.Dollar, oil and gold: unreliable reserves according to the WinklevossIn a lengthy analysis published on their site, the Winklevoss brothers compare Bitcoin to three major assets: the dollar (USD), oil and gold. […]
The mainstream adoption of Bitcoin as a known item, good or definition for digital currency for Americans became even clearer today. Whereas we already mentioned two weeks ago that both Tesla and Bitcoin were the most popular investments for Americans during the first half of 2020, it now seems the mainstream media is also jumping […]
