Techemy Capital and Enzyme Finance have launched a managed DeFi portfolio. The new product will give accredited investors access to the entire Ethereum DeFi ecosystem. The managed DeFi portfolio gives investors full control over their assets via non-custodial storage. Investors can hedge their exposure to DeFi through insurance-like coverage against
Ahead of the big rollout of Uniswap V3, the leading decentralized protocol has deployed its third iteration to all four Ethereum testnets. Uniswap announced on Wednesday, April 21, that its V3 core and periphery smart contracts had been deployed to four Ethereum testnets – Ropsten, Gorli, Kovan, and Rinkeby. The addresses
Bitcoin is not the only cryptocurrency that is welcoming old-time critics. Arthur Hayes, the co-founder of crypto derivatives exchange BitMEX, has gone from calling Ethereum “a double-digit shitcoin” to wishing he had gotten in early. With Ethereum recently breaching $2,500, Hayes is left wishing that he had bought some
China-based and Nasdaq-listed Canaan Creative is set to supply 11,760 Bitcoin mining rigs to Mawson Infrastructure Group. According to a statement from the Bitcoin mining hardware manufacturer, it will supply advanced mining rigs to Mawson for its Australian and US operations today, Wednesday, April 21, 2021. The hardware, the
Amid Ethereum’s staggeringly high transaction fees, Uniswap has surprisingly performed well in the past few months. A tweet from Hayden Adams on April 20 revealed that the decentralized protocol crossed $10 billion in trading volume for the first time. Comparatively, weekly trading volumes were around $5 billion six months
Following the Berlin hard fork, Ethereum miners have started increasing network capacity to 13 million gas. This is up from the year-long limit of around 12.5 million. Bitfly, the parent company of Ethermine, one of the biggest mining pools took to Twitter on Tuesday to announce that the gas
The Canadian crypto ETF space is really heating up as regulators approve three new Ether ETFs. The products began trading on the Toronto Stock Exchange on Tuesday, April 20. Last week, the Ontario Securities Commission gave the green light to three firms that had applied to launch an Ethereum exchange-traded
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Baillie Gifford, one of the UK's renowned asset management companies is on the headlines this week for plowing £72 million [$100 million] into London-based crypto firm Blockchain.com. With an enviable track record of spotting and backing brands like Google, Amazon, Tesla, and Airbnb at their embryonic stage,
Roughly 3 months after the West African country’s apex bank banned all crypto transactions via financial institutions as reported by BTC Peers, Nigerians, surprisingly have found alternatives to invest and regularly trade these digital assets, statistics claim. According to leading Bitcoin analytics provider, UsefulTulips, P2P (peer-to-peer) Bitcoin trading in
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While there are numerous practical ways of how to use blockchain technology in the business setting, setting up an own blockchain-based business may be a bit more daunting. Above all, this requires a solid business proposition – the one that will be able to catch the market value in a transparent,
Following the launch of Balancer V2, the project’s team has earmarked 1,000 ETH for individuals who spot vulnerabilities in the second iteration of its decentralized finance protocol. The bounty prize is worth about $2 million at current market prices. Balancer Labs claims that amount is the largest single
Electric Capital’s partner and co-founder Curtis Spencer while speaking at a summit today subtly implied that Bitcoin and altcoins owe their existence solely to the goodwill and grace of various world governments. At the Coalition Web Summit, Spencer affirmed that lawmakers are the sole reason for the unprecedented growth
DOGE is proving to be more than just a fad. The meme coin has scored another win in the form of payment support from Newegg. The online retailer announced on Tuesday that it was considering adding Dogecoin (DOGE) as a payment option on its platform. If this happens, DOGE, which
Chicago-based asset manager Rothschild Investment Corp has thrown more funds into Grayscale’s Bitcoin and Ethereum Trust. According to a recent filing with the U.S. Securities and Exchange Commission, the firm purchased 265,302 shares from the Grayscale Ethereum Trust at around $4.75 million. Rothschild also topped up
Despite numerous protests and talks from environmental activists, the Torrey Town Planning Board has given Greenidge Generation, a crypto mining hybrid the go-ahead to segue forward with its plan to expand the Bitcoin mining facility at Seneca Lake, New York. The board, in a 4-to-1 vote, approved the site plan
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Arguably one of the biggest commercial real estate companies, WeWork, like Tesla and Venmo is set to gain from the trillion-dollar crypto market. Today, the commercial real estate company in a press release announced it will begin accepting Bitcoin and altcoins as payment, in partnership with BitPay. In addition to