Boerse Stuttgart-owned Bison launches insured Ethereum staking service
Bison has partnered with Munich Re and Staking Facilities to offer insured Ether staking, covering risks like slashing and fraud.
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Beware of ‘soft rugs’ — a growing menace in decentralized finance
Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi. 1532 Total views 6 Total shares The decentralized finance ecosystem has been plagued by a variety of known scams and exploits for some time, with yet another coming in the form of what is known as a “soft rug”.Those…
Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. 3323 Total views 24 Total shares New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That…
Crypto Biz: Wall Street gets a taste of altseason
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more.
Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm.
SEC approves options for BlackRock's spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
Social trading platform eToro ended 2020 with $600M in revenue
The exchange platform’s foray into cryptocurrency has been highly lucrative thus far. 3450 Total views 12 Total shares Exchange platform eToro is coming off a stellar year of growth, as novice traders seek new pathways into the financial markets, including cryptocurrency. The online brokerage firm ended 2020 with gross revenue of $600 million, with total trading…
Fitch Ratings warns of risks crypto miners pose to US power supply
“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical," said the agency. 701 Total views 7 Total shares Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.In…
Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?
While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by market capitalization, has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished…