Crypto whales like Humpy are gaming DAO votes — but there are solutions
Despite promises of decentralization, DAOs remain at the mercy of large tokenholders whose inactivity can be just as dangerous as their involvement.
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What Does Grayscale’s GBTC Falling Premium Tell us About Bitcoin Price?
Grayscale’s Bitcoin Trust shares (GBTC) are currently trading at $7.49 per share, a 15.81% premium of Bitcoin. GBTC is the first publicly quoted security “solely invested in and deriving value from” Bitcoin and since listing it has been known to trade at a high premium, having hit a 2020 high of 41.42% on Feb. 18.…

Binance Lists Tezos With 3 XTZ Pairs — CEO Hints at Staking Soon
Binance CEO hinted at staking Tezos (XTZ) as the major crypto exchange listed the cryptocurrency for trading on its platform.XTZ deposits are now liveOn Sept. 23, Binance officially announced the listing of Tezos, launching three new trading pairs featuring the major cryptocurrency Bitcoin (BTC), top stablecoin Tether (USDT) and Binance’s native token Binance Coin (BNB).Following…

Ethereum Has Already Scaled Quite Significantly: ConsenSys’ Joe Lubin
Joseph Lubin could arguably be seen as a star at any blockchain event these days, but at the Ethereal Summit last month — organized by Ethereum-focused development company ConsenSys, which he co-founded — he was especially revered.While inside the conference space, the co-founder of Ethereum was either listening intently to what was happening on stage…

A metaphor? NYC ‘solid gold cube’ crypto promo turns out to be hollow
“To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central Park, where 125 people are living, per the last census,” said GBH reporter Tori Bedford. 393 Total views 17 Total shares The “solid gold cube” crypto promo that surfaced in New York this week has…

Iron Finance bank run stings investors — A lesson for all stablecoins?
The cryptoverse has been overrun with negative events lately. One of the most recent ones was the Iron Finance bank run that occurred on June 16. Iron Finance is a multi-chain, partially collateralized stablecoin protocol with the main goal of providing a dollar-pegged stablecoin to be used for DeFi applications. It was the first large-scale…

Bitcoin Set for $288K Bull Run in 2020, Popular BTC Price Model Says
Bitcoin (BTC) may be struggling to hit $10,000, but its progress is right on track, new stock-to-flow data confirms.Adding a new update to his model on July 1, stock-to-flow model creator PlanB showed that Bitcoin is behaving exactly as its bullish history demands.Bitcoin adds second “red dot”The BTC S2F Cross Asset Model (S2FX) uses color-coded…

US wealth manager adds 10,667 shares of GBTC as Bitcoin adoption grows
Demand for Grayscale’s Bitcoin Trust is growing. Kingfisher Capital went from owning zero shares to over 10,000 in just a few months. 836 Total views 5 Total shares Kingfisher Capital, a North Carolina wealth manager, has scooped up 10,667 shares of the Grayscale Bitcoin Trust, according to a recent filing with the United States Securities…

When Lambo? Lamborghini Launches Blockchain-Based Collectible Stamps
Lamborghini, a famous Italian manufacturer of luxury sports cars, continues to utilize the Blockchain in its corporate operations. Among the latest technology developments, the well-known brand is applying blockchain to digitize its collectible stamps.Lamborghini is launching its first collectible digital stamps, the “Automobili Lamborghini Collection.” Powered by blockchain technology, the new collection is a series…