Decentralized finance (DeFi) has grown exponentially over the last few years, crossing $278 billion in total value locked (TVL). However, the whole spectrum of financial services readily available in traditional finance (TradFi) is unavailable mainly in DeFi. Recognizing this problem, Solv Protocol has stepped forward to offset…
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Recently, Facebook CEO Mark Zuckerberg, via a video launch, announced the rebranding of Facebook to Meta. This news created ripples throughout the Web2 and Web3 ecosystems, as the brand’s new logo and taglines quickly appeared across all Facebook-owned channels. The crypto community, in general, wasn’t impressed by…
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There are a number of real-world business processes that are being improved, made fairer, and a lot more transparent with the use of blockchain-based smart contracts. These automated contracts allow parties to commit to certain terms and conditions in order to carry out business transactions. The term…
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Bitcoin (BTC/USD) worked to add to recent gains early in today’s Asian session as the pair notched gains to the 48351.92 level after recently trading as low as the 45469.32 level, with the interday high representing a test of the 78.6% retracement of the appreciating range from…
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The past weekend has been a nightmare for Grim Finance, a compounding yield optimization protocol built on Fantom Opera's permissionless blockchain. The decentralized finance project alerted its users regarding an attack to its platform. According to the Grim Finance team, some $30 million worth of crypto assets…
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With Bitcoin currently just above $46,000 and the Federal Reserve announcing its ramp up in tapering, plus rate rises on the way starting in 2022, this could lead to a continuation of the downward pressure on Bitcoin. However, we do need to step back and look at…
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Cryptocurrency has come a long way, and real estate’s future is closely linked to Crypto assets, in what has been described as the largest-known cryptocurrency deal this June when the premium penthouse of Arte Surfside — oceanfront luxury condos in Miami Beach finished in 2019, with the…
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Crypto hedge fund veteran Zhu Su is offering his reasons why he thinks the markets will rebound in a big way despite a recent downtrend in prices. In a series of tweets loaded with insider jargon, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital…
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Ray Dalio, arguably one of the best investors of his generation, says that cryptocurrencies are impressive, while at the same time stating that cash is a “problematic asset” and the “worst investment”. Billionaire investor, and CEO of one of the best performing hedge funds over years, Dalio…
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The Valkyrie Balance Sheet Opportunities ETF aims to give investors exposure to bitcoin by holding firms that hold bitcoin in some fashion. The post Valkyrie launches innovative balance sheet ETF appeared first on The Block.
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