Day: August 30, 2020

Yearn.finance (YFI) Shows Signs of Posting Local Top Following $40,000 Rejection

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Yearn.finance has been one of the strongest and fastest-growing DeFi protocols within the crypto market, which has been reflected in the price of the YFI governance token. YFI has seen parabolic growth throughout the past few weeks and months, with the cryptocurrency rallying from well-under $1,000 just a couple of months ago to highs of nearly $40,000 that were set last night. This intense parabolic momentum has come about as the protocol sees massive inflows of assets into its various pools. Its fundamental growth has been reflected in the platform’s…

Tom Brady Finally Gets a Little Revenge on the Indianapolis Colts

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The only real blemish on Tom Brady’s record is the Deflate-Gate scandal. If he were mad at the Colts and wanted revenge, it is not hard to understand why. But if you live a life like Tom Brady, do you care about something as petty as revenge? On the one hand, you could say that Tom Brady should have nothing against the Indianapolis Colts. It’s not as if the Colts gave him a lot of trouble over the years. Sure, a lot of the games were close, hard-fought contests. But…

Lopp warns people not to take opinions on social media too literally

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Jameson Lopp, co-founder and CTO of Casa, considers himself a Bitcoin Monetary Maximalist and a curious being towards altcoins, so in a post on August 30, he warned the public not to take online interactions on cryptos too literally. Although Lopp sees no other options on the market that can compete with Bitcoin’s sound and secure money proposition, he also believes that other cryptocurrencies can bring values that Bitcoin can’t bring, such as digitizing assets and non-financial functionality. In fact, Lopp has been advising a blockchain project built on Ethereum.…

Top 5 Cryptocurrencies to Watch This Week: BTC, ATOM, LEND, XEM, YFI

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Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move. Ripple Labs CEO Brad Garlinghouse believes that the U.S. Federal Reserve’s recent decision to allow inflation to stay above its 2% target objective could debase the dollar further. According to Garlinghouse, this decision is likely to lead “to further diversification of assets which will certainly be good for crypto.” The various stimulus and fiscal measures announced around the world to counter the coronavirus pandemic led economic slowdown are bullish…

NEU Creates Pan Tourism Ecology and Empowers Global Industry after Coronavirus Outbreak

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It is reported that NEU Fund’s original digital token NEU has become a hundred times currency that lives up to its reputation. With an increase of up to 8000%, its issue price has been soaring from 0.07 USDT to the highest value of 5.8 USDT since it was launched on Huahuo Trading Platform in March this year. Moreover, in August, the issue of Galaxy+ has also been sought after by many players, which fully demonstrating recognition and expectation on the value of NEU Fund in the market. The “vogue” of…

Former President Barack Obama Just Saved the NBA Season

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If it weren’t for former President Barack Obama’s influence when LeBron James, Chris Paul, and others reached out to him for advice, the players would’ve voted to end the season. Obama praised the efforts and action taken by the NBA to boycott over Jacob Blake’s shooting and on behalf of the Black Lives Matter movement but felt a restart was appropriate due to the league’s success with their stance. According to Shams Charania of The Athletic, Barack reportedly guided their return to the hardwood and told them to “Utilize the…

Cloudflare goes down; crypto websites hit

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Cloudlfare, an internet service provider responsible for various functions, went down Sunday morning, taking down many websites, including some crypto sites. The company confirmed in a tweet it experienced issues around 9:24 am Eastern time caused by a third-party transit provider. Network stability returned around 11 am though Cloudflare said it is still monitoring for other potential problems. A large majority of the internet uses Cloudflare. News reports noted several popular websites went down following Cloudflare’s network issues, including streaming site Hulu and cooperative gaming services PlayStation Network and Xbox…

One Chart Tells You Everything You Need to Know About Unemployment

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The stock market’s performance offers a clue about the future of U.S. jobs. Companies that rely on their employees haven’t fared as well as those that don’t. Coronavirus has expedited this shift away from relying on people. One of the biggest uncertainties brought on by the pandemic is unemployment. When lockdowns began and jobless figures skyrocketed, many were quick to dismiss the jump as temporary—when things get back to normal, so will hiring. At the start of the summer, that seemed to be the case. But recent data show unemployment…

Maria Bustillos on Tokenizing Journalism, the Death of Civil and Rise of Brick House

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Maria Bustillos, founding editor of the digital magazine Popula, is also one of the founding members of Brick House, an umbrella of independent publishers operating under a collectivist business model.  An earlier supporter, and benefactor, of the now-defunct media startup Civil, Bustillos said she never lost sight of the possibility of a journalist-owned media company.  See also: Civil-Backed News Site Stores Full Article on Ethereum Blockchain Brick House will launch this October with nine sister publications, each of which owns a single share in the larger company. It will have…

VideoCoin Partners with Simplex and Adds Fiat Payment Gateway

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Place/Date: – August 30th, 2020 at 5:15 pm UTC · 3 min read Contact: VideoCoin Network, Source: VideoCoin Network VideoCoin, the decentralized video encoding, storage and content distribution network, has partnered with leading fiat payment processor Simplex. As part of the agreement, Simplex will support VideoCoin’s native ERC20 utility token VID, which is available on major exchanges KuCoin and Bittrex. VideoCoin will also utilize Simplex’s industry-leading fiat gateway, allowing users to purchase cryptocurrency via debit or credit card. The integration adds new capabilities to fast-growing California startup VideoCoin, who announced…