Bitcoin L2s help crypto miners in Asia supplement income with staking

A Chinese Bitcoin (BTC) investor has sued local crypto exchange OKCoin for allegedly preventing him from getting Bitcoin Cash (BCH) after the BTC fork, local news agency Legal Weekly reports July 31. The case is reportedly the first legal action in China that involved last year’s fork of Bitcoin. The investor, known under the pseudonym…

Meta-DeFi protocols are becoming increasingly popular following the success of Yearn.finance. The project is essentially a yield farming hedge fund that lets people participate in complex strategies to farm the governance tokens, or GTs, of other protocols.Yearn is just about business — it sells any tokens it obtains through its activity. But a new project…

The Canadian PM has also begun to unfreeze many of the bank accounts of protestors and donors to the Freedom Convoy who are turning to Bitcoin to protect them from future interference. 695 Total views 4 Total shares Prime Minister of Canada Justin Trudeau has announced he will repeal emergency powers used to freeze $8…

The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology. 186 Total views 14 Total shares A sandbox test of a retail full-reserve digital currency (FRDC) has been completed in the United Kingdom, distributed ledger fintech company Millicent Labs announced on Thursday. The test…

The Airborne Institute will use the generous grant to study the transmission of airborne diseases such as COVID-19. 96 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a Mar. 7 announcement from the University of California San Diego (UCSD), the post-secondary institution has received a 15…

India has had a complicated relationship with crypto. While the nation holds a large number of crypto enthusiasts, many exchanges are concerned over the future of the industry. According to sources available to Cointelegraph, the Indian exchange Unocoin is planning to launch derivatives options on its platform within a few months. However, with the future of…

On Dec. 2, shortly after the long-awaited release of Ethereum 2.0, platform founder Vitalik Buterin announced an updated roadmap. At first glance, it does not differ much from the previous version from March.However, it brought some clarity on current progress and further stages, giving grounds for estimating how soon a full-fledged transition to proof-of-stake and…

The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family members.

Vitalik Buterin explained how an account abstraction extension called “paymasters” can allow users to pay for gas fees using “whatever coins that they are transferring.” 237 Total views 5 Total shares While account abstraction is perceived to be a catalyst that could onboard a billion users to Ethereum, its co-founder Vitalik Buterin shared some challenges in…