Grayscale launches Aave fund amid DeFi surge: Finance Redefined
While Grayscale launches a new Aave investment fund, Polymarket users face wallet breaches linked to Google logins.
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Blockchain Africa Conference Showcases How Tech Can Change the Continent
Impressive use-cases of blockchain technology have come to the fore after the conclusion of the 2020 Blockchain Africa Conference in South Africa.The event went ahead as planned in early March despite the global coronavirus pandemic that has made headlines around the world. The viral outbreak led to keynote speaker Charles Hoskinson, founder of Cardano, cancelling…
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications.
GameStop rallies overnight as Roaring Kitty reveals $180M GME position
Keith Gill, the trader linked to the 2021 GME short squeeze, has returned to Reddit claiming he’s made a big bet on GameStop, sending the stock’s price surging overnight markets.
Tesla’s Bitcoin losses rise to $170M in first 9 months of 2022
The electric vehicle maker's actual BTC losses are far lower with $64 million worth of previously realized profits to offset the decline. 261 Total views 2 Total shares According to Tesla's latest Q3 earnings report filed with the United States Securities and Exchange Commission, the electric vehicle (EV) manufacturer disclosed that it had invested a…
Japanese messaging giant LINE reportedly working on CBDC platform
The platform would aid central banks in Asia with developing a central bank digital currency. 312 Total views 6 Total shares LINE, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency The Chosun Ilbo reported on Oct. 19.Sources…
Nasdaq-Powered EU Digital Exchange DX Adds Tokenized ETFs
Estonia-based digital trading platform DX.Exchange has added tokenized Exchange-Traded Funds (ETFs) to its services, according to press release shared with Cointelegraph on March 6.The move involves the tokenization of popular ETFs, such as SPY, which represents the S&P 500, and QQQ, which backs the Nasdaq Composite at a 1:1 ratio. UWT (crude oil) and UDOW…
Technicals suggest Bitcoin is still far from ideal for daily payments
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship…
Bitcoin-Friendly Square Cash App Stock Price Up 56% in 2019
Cash App, they payments app of San Francisco-based payments company Square, announced a Bitcoin (BTC) giveaway in a tweet published on July 26 as its stock price continues to grow, according to MarketWatch.Giving away BitcoinIn its tweets, the official Cashapp Twitter account announced that it will give away $50,000 in Bitcoin. In subsequent tweets, Cashapp…