This week, Binance and EasyFi revealed that high-yield staking through the EASY token would be enabled, with full integration soon to follow within the Binance Smart Chain. Here’s everything you need to know about the attractive program that offers a staggering up to 40.56% APY and how Binance users can now gain access to this revolutionary opportunity for unprecedented ROI. EasyFi Staking Program Brings High Yields To Binance Exchange Starting immediately, Binance Staking has officially debuted its latest new high-yield program, allowing users of the popular cryptocurrency exchange the ability…
Day: March 31, 2021
Kava Protocol Upgrades to V5.1, Hard Money Market Now Fully Functional Allowing Bitcoin Whales to Earn 45% APR
Kava—a cross-chain and multi-asset DeFi platform trusted by financial institutions, has optimized its blockchain. It is upgrading to version 5.1 and activating the borrow side functionality of the Hard Protocol–a product built on the Kava blockchain. Through the Hard v2 money market, banks and other financial institutions can earn 45 percent APR on their Bitcoin holdings without counterparty risks, a press release on Mar 31 reveals. Hard v2 is Live: Borrow-Side Functionality Activated The upgrade makes the Hard protocol a fully-functional money market, delivering on Kava’s promise. Presently, there is…
Kava launches Hard V2 to become first full lending protocol in the Cosmos ecosystem
Kava, a DeFi-centric blockchain project built on the Cosmos SDK, has announced the concurrent release of Kava 5.1 and Hard Protocol V2, which marks the full launch of two-sided lending markets on the Kava blockchain. The Kava 5.1 upgrade is a significant boost to performance over previous major versions, with the team claiming a ten-fold increase in throughput through “consensus enhancements.” The upgrade also carries improvements to the BEP3 relayer that acts as the connection to Binance Smart Chain, and other improvements to APIs and overall reliability. The Kava 5.1…
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Terra Virtua releases ‘Godzilla vs. Kong’ NFTs to coincide with movie release
Nonfungible tokens, or NFTs, seem to be popping up everywhere lately — so, why not on the big screen? Digital collectibles and virtual reality platform Terra Virtua is planning to launch today a line of Godzilla vs. Kong NFT collectibles created in collaboration with film production giant Warner Bros. — among the first-ever NFT drops to coincide with the release of a major film. Currently, collectors can buy retro-themed Godzilla and Kong Island posters for $75, but more elaborate animations will be released later today. The Terra Virtua homepage currently has…
Goldman Sachs to Allow Bitcoin and Crypto Investment Option for Its Wealth Management Clients
Goldman Sachs has a minimum threshold of $25 million investment for individuals, families and endowments under its wealth management business offerings. This shows massive money is coming to Bitcoin and the overall crypto market. Wall Street banking giant Goldman Sachs is very much on the verge of offering Bitcoin and crypto investment options for its wealth management clients, says the latest CNBC report on Wednesday, March 31st. Mary Rich, the global head of digital assets for Goldman’s private wealth management division told the publication. Rich further stated that the banking…
Enjin secures $18.9M funding for Polkadot-based NFT blockchain
Crypto exchange platform Crypto.com has reportedly led an $18.9 million private funding round for Enjin’s new NFT blockchain platform. Enjin announced the news on Wednesday with DFG Group, BlockTower and Arrington XRP Capital among other investors in the private sale. Dubbed “Efinity,” the platform is an NFT blockchain built on Polkadot that will reportedly offer greater scalability for participants in the expanding NFT space. Detailing the technical specifications of the new NFT blockchain, the announcement stated that Efinity will have an initial throughput capacity of processing transactions every six seconds.…
Bitcoin on ‘inevitable path’ to reach gold’s market cap – Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) is on track to meet or exceed gold’s market capitalization amid a rapid wave of retail and institutional adoption of the digital asset. In an interview with CNBC’s Squawk Box, Novogratz said cryptocurrency “adoption’s happening much faster than I predicted,” adding that “it’s shocking to me how fast people are moving into the system.” Novogratz, who has been involved in Bitcoin since 2013 when the digital currency was valued at around $100, explained that his previous BTC price target of $60,000 was…
Goldman Sachs to Offer Bitcoin, Other Digital Assets Products to Institutional Clients
U.S banking giant Goldman Sachs is inching closer to offering its first investment products for bitcoin and other digital assets. This development represents a significant shift in the bank’s policy, which initially stated that bitcoin and cryptocurrencies were not an asset class. Investment Product to Be Launched in Q2 This latest development from Goldman Sachs was reported on March 31 by the U.S. media outlet CNBC. Goldman Sachs intends to offer crypto-assets products to clients of its private wealth management group from Q2 2021. The report also quoted a recent…
Scottish Music School Now Supports Crypto Payments for Tuition – Bitcoin News
On March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter of time before smaller businesses like ours start doing the same,” she said. Playing to the Beat of a Different Drum According to the Morningside School of Music director Linda Boyd, the well known music academy in Scotland is now accepting digital assets as a form…