A tweet from Tesla CEO Elon Musk, making inaccurate claims about Bitcoin’s energy use, likely caused a dip in the bitcoin price. At approximately 6:00 p.m. EST last night, May 12, CEO of Tesla Elon Musk posted a tweet in regards to Bitcoin and Tesla that appeared to have significant market impact. Source The tweet […]

The chief investment officer seemed to be unmoved by Elon Musk’s announcement yesterday, but still highlighted some challenges Bitcoin will likely face. Rick Rieder, chief investment officer at BlackRock Financial Management, is pushing back against Telsa CEO Elon Musk’s decision to drop Bitcoin as a form of payment. In an interview with CNBC’s Squawk Box […]

Around the Block sheds light on key issues in the crypto space. In this edition Justin Mart and Ryan Yi share a deep dive on DeFi insurance. Where are all the DeFi insurance markets? Insurance may not be the most exciting part of crypto, but it is a key piece that’s missing in DeFi today. […]

Overview Total spot trading volume at $4.1 billion, 40% higher than the 30-day average of $2.92 billion. Total futures notional at $1.35 billion. The top five traded coins were, respectively, Ethereum (+2.5%), Bitcoin (0.1%), Tether (+0%), Dogecoin (+2.1%), and Cardano (-0.2%) – three days in a row. Wide range of returns: Waves (+15%), AAVE (+12%), […]

Over 22 developers and executives from decentralized finance (DeFi) heavy-hitters Chainlink, Aave, Sushiswap, and several other crypto projects have joined GoodFi, a not-for-profit organization created by decentralized ledger network Radix. The non-profit hopes to onboard 100 million people into the DeFi space by 2025, it shared in a release with CryptoSlate. Enhancing DeFi As per […]

Coinspeaker Changelly-powered deFIRE Raises $5 Million in Pre-IDO Funding Round to Bring Defi onto the Cardano Ecosystem deFIRE, the decentralized smart order routing engine being built on Сardano, has raised $5 million in a pre-IDO funding round. The venture capital round comes shortly before the deFIRE token makes its debut through an initial DEX offering […]

Coinspeaker DeFi Infrastructure Is More Complete Than You Think Decentralized finance, or DeFi, has long been hailed as the future of the cryptocurrency space, thanks to the increasingly diverse range of protocols and tools that empower cryptocurrency holders. But though the DeFi industry has only really been witnessing explosive growth over the last three years, […]

Argo Blockchain has purchased two hydro-powered data centers, allowing it mine bitcoin in a more sustainable and green way. Cryptocurrency mining firm Argo Blockchain has continued its move toward environmentally-friendly bitcoin mining by purchasing two hydroelectric-powered data centers in Quebec, Canada, according to a press release on the London Stock Exchange, on which Argo is […]

deFIRE is a low-latency smart order routing engine with plans to implement defi on the Cardano ecosystem. The startup has just raised $5 million dollars which will be used to expand infrastructure, add employees, and scale operations by increasing platform capacity. The appetite for defi has been insatiable, with traders eating increasing fees on Ethereum […]

Polygon, formerly known as Matic, offers 1inch Network more capabilities, including higher throughput and access to large liquidity pools. 1inch Network, a leading decentralized exchange aggregator, has officially expanded to Polygon — a move that opens up additional liquidity sources on Curve, SushiSwap, QuickSwap, Aave V2 and Cometh. 1inch announced Thursday that the exchange liquidity pools […]