The ancient lower class struggled against the ruling patricians, much as bitcoiners struggle against modern monoliths today. In this memo, I look into the original plebs — the plebeian class of ancient Rome. The bitcoin plebs are the solid core of the community, and the bitcoin rabbit hole has encouraged all of us to read […]
Flash Loans And Who Is Offering Them In DeFi
The explosive development of the decentralized environment has resulted in the boom of one of its main sectors that caters to the financial aspect of interactions and competition between the digital and traditional economies. The DeFi market has rapidly evolved to offer a host of financial instruments for its users in disrupting traditional counterparts, and […]
Democratic lawmakers have formed group to address regulatory concerns around crypto
U.S. President Joe Biden is also expected to discuss crypto’s role in ransomware attacks during his meeting with Russian President Vladimir Putin on Wednesday. Maxine Waters, who represents California’s 43rd congressional district in the U.S. Congress, said she had organized a group of Democratic lawmakers for a deep dive on cryptocurrencies and central bank digital […]
Pandora Finance’s $2.4M raise helps spearhead open finance protocol
“Adoption has never been affected and never been stopped. The right product always gets adopted irrespective of market conditions,” said Pushkar Vohra, CEO of Pandora Protocol. Vohra believes the gap between these two domains represents one of the biggest adoption challenges for decentralized technologies. “We are uniquely positioned to solve the biggest problem,” he said, […]
One in Five Kiwis Bullish on Crypto Investments, New Poll Suggests
Cryptocurrency investing has been rising in popularity among New Zealanders and a fifth of the respondents in a new survey either plan to or have already, put money into digital assets. The poll also found that young Kiwis are more likely to use micro-investing platforms than older generations. Over 20% of New Zealanders Plan to […]
Bitcoin And The Illusion Of Reality
The current metrics and systems posed by the federal reserve are designed to beguile and disguise the reality of money. A look at how the people in power may have more in common with a jewel beetle than you’d initially expect and how bitcoin may have the answer. In this article, we touch on: ● […]
The Chinese University of Hong Kong and ConsenSys create COVID-19 digital passport
The COVID-19 Digital Health Passport will be trialed by healthcare professionals in Hong Kong. Later on, patients will be able to access the passport through a mobile app. The Chinese University of Hong Kong, or CUHK, has partnered with Ethereum developer ConsenSys to launch a new blockchain-based Medoxie COVID-19 Digital Health Passport – a product […]
El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. According to local […]
Bitcoin price hits $41K, then rejects after sellers defend the 200-MA
A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest. The overall mood of the cryptocurrency ecosystem is muted on June 15 with most altcoins trading flat while Bitcoin (BTC) bulls look for a daily close above $41,000 as a sign that the market […]
Billionaire Mark Cuban Commends Defi Economy Dubbing It the ‘Next Great Growth Engine’
On June 13, the billionaire investor and co-host of the television series Shark Tank, Mark Cuban, explained his fascination with decentralized finance (defi) in an editorial published to his blog. Cuban details that many defi organizations are different because they are not corporate entities or based in the United States. He believes that “no one […]