Cardano defines itself as a third-generation blockchain and sets a goal to solve the problems that its predecessors could not. It is the first blockchain project that is based on scientific philosophy. Cardano was designed and built by a global team made up of prominent academics and engineers from the blockchain community. In Cardano’s case, […]
DeFi — Back to the Basics
DeFi — Back to the Basics DeFi — or decentralized finance — is an ecosystem of distributed financial applications built on blockchain technology that utilize cryptocurrencies and other digital assets to remove the need for a single governing authority in financial interactions. This addresses multiple problems that exist in the current traditional financial system that was recently highlighted in the Reddit meme […]
Parabolic growth puts Total Value Locked (TVL) in DeFi at record $35.8B
The U.S. dollar value of cryptocurrency liquidity locked in decentralized finance (DeFi) hit $35.8 billion. What’s more, this growth came about not from the usual suspects, such as Link or Aave. Instead, a raft of lesser-known DeFi protocols has been dominating the market over the last seven days. Source: defipulse.com The Total Value Locked (TVL) […]
Bitwise files intent with SEC to launch ‘Crypto Innovators ETF’
A recent SEC filing by Bitwise reveals plans to launch a new crypto innovators fund. Bitwise, one of the world’s largest cryptocurrency fund managers, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to launch an exchange-traded fund for so-called “crypto innovators.” The fund manager filed Form N-1A with […]
Human Rights Foundation’s Alex Gladstein Calls Bitcoin ‘An Escape Hatch From Tyranny’
The Human Rights Foundation (HRF)’s Alex Gladstein has heaped praise on bitcoin saying it’s an escape hatch from tyranny and that there is more to it than its price. In comments made via a short video, Gladstein, who is the chief strategy officer (CSO) at HRF, asserts that “people who buy bitcoin are strengthening a […]
Asset DNA: Explaining Bitcoin’s Speculative Attack On The Dollar
Performance Of Various Asset Types Over Time Not all assets are created equal. Some appreciate in value, some lose value over time. This is obvious with things we consume, like the groceries we eat or the clothes we wear. But the same is true of assets that don’t visibly deplete but nevertheless lose value over […]
Will Apple be the next company to adopt Bitcoin after Tesla?
“The firm could unlock a multi-billion dollar opportunity with a few clicks,” said analyst Paul Steves. Earlier today, Tesla Motors announced it had made a major Bitcoin purchase and planned to introduce crypto payments in the future. Some in the industry are now speculating that Apple will be the next institutional player to adopt the […]
Cardano (ADA) price rallies 139% following smart contract implementation
Cardano’s successful testnet integration of smart contract functionality and plans to enter the DeFi space back ADA’s 139% rally. Cardano’s (ADA) price has increased 100% since Feb. 1 as social media engagement and excitement about the addition of smart contract functionality is propelling ADA to its highest price level since the bull market of January […]
DOGE is ‘not a bad look’ for crypto users, says Mark Cuban as price surges another 8%
The billionaire described the token as “the lowest cost economics teaching tool available” on the market. Amid recent endorsements from celebrities and people in tech, the price of the meme-based cryptocurrency Dogecoin has surged more than 700% in the last month. Now even billionaire Mark Cuban says he understands the appeal. In a tweet today […]
Linkin Park’s Mike Shinoda Auctions his First Non-Fungible Token
Musician Mike Shinoda, guitarist and founding member of the American rock band Linkin Park, has auctioned his first non-fungible token (NFT) for a charitable cause. The NFT, a piece of digital media titled ‘One Hundredth Stream,’’ raised over $30,000 Musician Mike Shinoda, guitarist and founding member of the American rock band Linkin Park, has auctioned […]