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Showing posts from December, 2020

YfDFI Finance and Ferrum Network to Revolutionize Staking in New Partnership

PRESS RELEASE. YfDFI Finance, the innovative community-centered DeFi financial center, joined forces with the established project Ferrum Network to revolutionize the way staking is currently seen. The partnership’s initial phase will focus on staking, but the ambitions reach further, including liquidity farming and many more aspects of the DeFi spectrum. Throughout the last couple of months, YfDFI Finance (https://yfdfi.finance) emerged from an idea to a self-governed community powered by their Go to the article

‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains too volatile,” and he believes the supply cap of 21 million will someday “severely hinder its future usefulness.” There still remains a number of skeptical people in the finance world that believe cryptocurrencies have a long way to go from Go to the article

Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any Blockchain

The Defi revolution has brought about a new world of opportunities for crypto investors, but major improvements are still needed in the current ecosystem. For example, the most popular coin swapping service today is dependent on ethererum and its ridiculously high gas prices. Nimera Swap offers a solution to this problem with a DeFi exchange platform that has lower network fees compared to ethereum-based solutions and also supports all kinds of tokens. DeFi Exchange Platform With Lower Fees Nime Go to the article

‘Silk Road’ Movie Acquired by Lionsgate to Premiere in February

The “Silk Road” movie has been acquired by Lionsgate and will soon be released in the U.S. The movie features Silk Road marketplace founder Ross Ulbricht and events leading to his arrest. Silk Road Movie Coming Soon An upcoming feature film titled “Silk Road” will hit theatres in the U.S. in February, according to Lionsgate, which announced Monday that it has acquired the movie. The American-Canadian entertainment company plans to release the film on Feb. 19 in U.S. theatres, digital, and video Go to the article

German Stock Exchange’s Crypto Trading App Surpasses $1 Billion Volume This Year

Cryptocurrency trading on the app provided by Germany’s second-largest stock exchange, Boerse Stuttgart, has hit record volumes. One billion euros in cryptocurrencies have been traded on the exchange’s crypto trading app, Bison, so far this year. 1 Billion Euros Crypto Trading Volume Germany’s second-largest stock exchange, Boerse Stuttgart, announced Monday that its cryptocurrency trading app Bison has reached a total trading volume of 1 billion euros (over $1.2 billion) so far this year. The c Go to the article

Shark Tank’s Kevin O’Leary Ready to Put 5% of His Portfolio in SEC-Approved Bitcoin ETF

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of his investment portfolio in a bitcoin exchange-traded fund (ETF) that is approved by the U.S. Securities and Exchange Commission (SEC). Long known as a bitcoin skeptic, O’Leary is worried about bitcoin’s volatility and wants regulators to be comfortable with it before he jumps in. Kevin O’Leary Wants to Invest in Bitcoin ETF Canadian investor and television personality Kevin O’Leary discussed his view on bitcoin la Go to the article

Bitcoin Cash Proponent Tattoos Forearm to Spread Digital Cash Awareness

In order to spread the message about peer-to-peer electronic cash, some people talk about cryptocurrencies on a daily basis or wear t-shirts that display the bitcoin logo. Digital currency proponent, David Valenz, has taken the message spreading to a whole new level when he got a large tattoo on his forearm that displays a Bitcoin Cash logo. Valenz believes bitcoin cash is the best digital cash he’s ever used, and it’s beneficial to someone like him that lives outside the banking system. Just r Go to the article

US Representatives Add Digital Currencies to the 2021 Defense Bill

The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto the act which is expected to authorize more than $740.5 billion. U.S. Congress members are expected to complete the National Defense Authorization Act (NDAA) for the 2021 fiscal year. The NDAA is the name for a series Go to the article

Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 3 Is Now Live

PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them. Yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and simple way to earn reliable yields on your assets. Yearnify is generally a platform composed of the protocols built on Ethereum. It increases the annual percentage yields (APY) of the cryptocurrencies which are deposite Go to the article

Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’ as bitcoin is still extremely volatile, and by any standard perhaps would not achieve the mantle of a true store of value,” Jessop told Reuters’ Global Investment Outlook Summit 2020 on Thursday. “But aspirationally it is Go to the article

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’ Portfolios BTIG is a global financial services firm specializing in institutional trading, investment banking, research, and brokerage services. The firm has over 3,000 institutional and corporate clients worldwide, according to its websit Go to the article

Bullrun Pushing More Investors To Jump on Securypto

PRESS RELEASE. Securypto focuses on safe and truly anonymous exchange of data. In a world where datahacks have become the norm rather than the exception, anonymity has become a necessity. Acknowledging the massive support from their community, Securypto lead developer Sam Nokati expressed his appreciation: “To all who believe in Securypto and continue to express your amazing support for the SCU token sale, as a show of our tremendous appreciation, we are going ahead of schedule with our token li Go to the article

New Paper: Ripple Network Doesn’t Meet Criteria To Reach Consensus

A brand-new paper which analyzes the Ripple network concluded that the network does not reach true consensus, as its protocol “may violate safety and liveness,” and doesn’t follow the established models and algorithms for a Byzantine agreement. Report Claims XRP’s Network Is Vulnerable to Malicious Actors According to Ignacio Amores-Sesar, Christian Cachin, and Jovana Micic, researchers from the University of Bern, the Ripple consensus protocol introduces the idea of “subjective validators”, suc Go to the article

Peter Schiff Lays Into Grayscale and CNBC, Claims Conspiracy to Pump BTC Value

Euro Pacific Capital CEO Peter Schiff is now training his guns on Grayscale Trust’s GBTC after the validation of his regular anti-bitcoin rhetoric was cut short by a resurgent crypto market. After rapidly falling to around $16,500 on November 26, BTC quickly recovered before it went on to set a new all-time high of $19,864 on November 30, 2020. Schiff Alleges a Conspiracy Realising that his long-standing rhetoric against BTC is not bearing fruit, Schiff now accuses Grayscale of fueling the bitc Go to the article

Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information

A survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been deceived. However, about half (50%) of the 600 U.S. investors that took part in the survey replied no when asked the same questions. Divergent Views The survey, which sought to gauge investor sentiment Go to the article

Microsoft says Nation-State Hacker Group is Leveraging Cryptocurrency to Stay Under the Radar

A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for the attackers to monetize compromised networks. Bismuth is reportedly backed by the Vietnamese government. Before pivoting to cryptocurrency miners, Bismuth had traditionally targeted human and civil rights or Go to the article

xSigma DeFi Is a Game Changing Protocol Backed by a NASDAQ Listed Company

The DeFi ecosystem has been growing faster than anyone can keep up with recently. Billions of dollars in digital assets are invested, despite all the problems the current services suffer from. Buggy code, security vulnerabilities and shady anonymous developers are just some of the issues that can make the DeFi space too risky right now. Luckily this is all about to change as xSigma is releasing a new DeFi DEX protocol, in a first entry into the field of a project backed by a NASDAQ-listed compan Go to the article

ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins

ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin, and Facebook’s Libra The president of the European Central Bank (ECB), Christine Lagarde, shared her view on the future of money in an article published Monday in L’ena hors les murs magazine. She specifically discussed “bitcoin or Go to the article