Month: March 2021

Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget — just one initiative in a wider effort to further decentralize Yearn’s governance.  Yearn founder Andre Cronje — who said in an interview with Cointelegraph that he no longer takes part in Yearn’s “day to day” development — revealed the program in a blog post this morning. Each Coordinape member will have a set quantity of Read more …

Just recently, an individual lost all of his life savings in a matter of no time after he downloaded a malicious and phony Trezor application onto his iOS smartphone from Apple’s App Store. Phillipe Christodoulou lost 17.1 bitcoin or over a million dollars worth of the cryptocurrency using today’s exchange rates. Christodoulou detailed that he’s more upset with Apple than the hackers who stole his precious digital assets. Individual Loses His Life Savings- 17 Bitcoin Gone Malicious and phony applications Read more …

The cryptocurrency sector has emerged as a hot topic on the global stage in 2021 thanks in large part to the growth of decentralized finance and non-fungible tokens which have caught the general public’s attention.  Throughout the sector there is a need for interoperability between networks as many of the most popular projects are on siloed blockchain networks and high Ethereum fees prevent developers and investors from interacting across chains. One project focused on solving this project is Ren, which Read more …

Are people actually able to govern themselves? Well, the likely answer to that question from most people you ask would be a resounding no. After all, most would agree that humans are too blinded by their own self interests to be able to create a peaceful and just society without some form of regulation. As a result of this being the widely-held belief, throughout human history we have organized into institutions that transfer power away from individuals to a central Read more …

A filing from the U.S. Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC today, the firm held 37 Bitcoin futures contracts issued through the Chicago Mercantile Exchange which expired on March 26. The contracts appreciated by $360,457. The gains from the Bitcoin (BTC) futures represent roughly 0.00142% of BlackRock’s Global Allocation Fund, or 6.12 BTC at the time of publication. The Read more …

press release PRESS RELEASE. PARSIQ launches its highly anticipated IQ Protocol – the first risk-free collateral-less decentralized finance protocol built specifically for the Software-as-a-Service (SaaS) market. 31st March 2021, Tallinn, Estonia – PARSIQ has launched their revolutionary IQ Protocol on testnet (Ethereum) – a decentralized finance (DeFi) solution for the SaaS market. IQ Protocol is the world’s first risk-free, collateral-less DeFi protocol to tokenize SaaS subscriptions in the DeFi space with a circular economy. IQ Protocol features several standard DeFi Read more …

Watch This Episode On YouTube Listen To This Episode: For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Surfer Jim (@surferjimw), a principled and hardworking pleb. We started off this conversation with Jim sharing how he found Bitcoin and fell down the rabbit hole. He talked about his childhood and how he was always an entrepreneur and builder. He liked to break things down, see how they operated and build them back together. Hands-on work Read more …

Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures.  BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. With $8.6 trillion in assets under management (AUM), BlackRock is one of the largest investment firms in the world. In an interview for CNBC, BlackRock CIO Rick Rieder stated in February they had “started to dabble” Read more …

High levels of excitement continue to surround all things NFT-related as nonfungible art, collectibles and new business models built on the nascent sector attract a diverse array of investors.  In addition to the development of lucrative secondary markets for NFT listings and sales, crypto projects that are focused on NFTs, DeFi and cross-chain interoperability have also seen their native tokens rally significantly. Three projects that fit in this category are Axie Infinity (AXS), Icon (ICX) and Ark (ARK). AXS/USDT Axie Read more …

I opened my Telegram and noticed I had way more messages than usual. I knew something was askew. The headers of the messages were all very similar, “John McAfee just called you an idiot on Twitter.” Here we go I muttered under my breath as I further investigated what all the hype was about. I wandered over to John’s Twitter account and sure enough, John had tweeted that he was abandoning the Ghost project and that Josh Case is an Read more …

Bitcoin price is back at local highs, but still struggling to set a new record beyond $61,800. The lack of a further push by bulls even with positive news out of PayPal, has caused one iconic trader to warn of the possibility of a topping pattern forming. The theory is based on a set of technical analysis tools the trader himself created. But what exactly is a “Three Pushes to a High” pattern and what might it suggest about the Read more …

Driven by a community initiative, US$500,000,000 has been raised in ADA to be given to charity through so-called “mission-driven stake pools”. Via a post on the Cardano forum written by Elliot Hill, part of the Cardano Foundation team, platform users were informed of the following: The rewards from these pools, generated by the collective power of you, our Cardano community, are being donated to more than 100 charitable organizations worldwide. Mission-driven stake pools, according to the post, are those that Read more …