PancakeSwap plans v4 update following $836B trading volume milestone
PancakeSwap announces its v4 update to improve liquidity provision, interoperability, and scalability, aiming to resolve AMM shortcomings.
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HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’
HashCash Consultants plans to release the latest crypto asset promising profit potential amid the atrophying global economy and coronavirus catastrophe.On March 23, HashCash announced its upcoming “Corona Fund Index Cryptocurrency” (CFIX), which promises traders the opportunity to “earn profits even during corona-crisis induced bear market.”The press release describes the cryptocurrency as being inversely correlated to…
Former Cisco CFO joins Coinbase board as mainstream recognition grows
Kelly Kramer joins an impressive board comprised of executives from various industries. 1451 Total views 14 Total shares Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector. Kelly Kramer, former CFO at Cisco, will serve as Chair of…
Art Piece Titled “I Can’t Breathe” Sold for Crypto at Auction
Crypto artist sold his “I Can’t Breathe” art piece for crypto on a blockchain-backed social network. 446 Total views 8 Total shares Osinachi, a self-taught Nigerian digital and crypto artist, has sold his latest “I Can’t Breathe” digital art piece on May 31 for 7 Etherum (ETH), about $1,703 at press time on a blockchain…
UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. 116 Total views 50 Total shares Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in…
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.According to de Vries, a single Bitcoin transaction expends the same quantity of electricity needed to power a British household for 59 days, 780,650 Visa transactions,…
EOS Holds Top Spot, Bitcoin 11th in China’s Latest Crypto Rankings
China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019.The listings rank 35 assets in total, as reported on Sep. 29 by the Center for Information and Industry Development (CCID)’s online information portal. ReshufflesCompared with the…
S2F creator has ‘no doubt’ Bitcoin will hit $100K by December 2021
PlanB, the creator of the stock-to-flow model, has little doubt Bitcoin price is on track to hit $100,000 by December 2021 1318 Total views 15 Total shares PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its way to hit $100,000. The pseudonymous analyst expects the…
Bitfinex to compete with DeFi with new borrowing service
Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. "Bitfinex Borrow is a borrowing platform," Bitfinex chief technology officer Paolo Ardoino told Cointelegraph. “This particular offering isn’t about lending out your crypto and obtaining a…