Day: April 5, 2021

ClinTex to Give Away 1 Million USD in CTi Tokens With Unique Staking Program – Press release Bitcoin News

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press release PRESS RELEASE. Pioneering clinical trials platform ClinTex is giving away $1 million USD worth CTi tokens through a unique staking program, which is running from April 1st to September 30th, 2021. London, United Kingdom – Following a successful launch in 2020 ClinTex has been developing CTi-OEM, a blockchain app focused on using data analytics to enhance operational efficiency in clinical trials. Due to the success of the CTi presale (in which the soft-cap target was achieved) and the swift development of the platform, ClinTex chose not to go…

Bancor releases no-liquidation lending with Vortex as AMMs continue diversification

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Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools. Called Vortex, the solution allows users providing liquidity in BNT, Bancor’s utility token, to borrow funds while continuing to obtain yield from swap fees. The Vortex mechanism reworks the existing mechanism of vBNT, a special version of the BNT token that entitles users to participate in governance. The voting token is automatically received when staking BNT into a liquidity pool, and it can be defined…

No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption

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Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean coin” — coins mined using renewable energy — from now on and suggested other institutions were starting to do the same. O’Leary took aim at the free-wheeling nature of Bitcoin production by pointing out that most other products in the world are manufactured according to institutional and regulatory compliance standards. O’Leary said, during an interview…

Dow Futures Soar Over 100 Points after Impressive March Job Report

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The 916,000 jobs added in March features about 280,000 new workers from the hospitality and leisure industry, while construction and manufacturing reported 110,000 and 53,000 added jobs respectively. Stock futures showed a varying reaction or growth tickers as the United States job report for March was unveiled. The futures on the Dow Jones Industrial Average (INDEXDJX: .DJI) soared by over 161 points and that on the S&P 500 Index (INDEXSP: .INX) slightly advanced into the positive level as the Nasdaq 100 futures refused to trail the positive push. The positive…

Crypto industry got more funding in Q1 2021 than all of last year: Report

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Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report. In the first quarter of 2021, 129 startups focusing on crypto and blockchain technology have received a total of $2.6 billion in funding, Bloomberg reports, citing data from business analytics firm CB Insights. Over the course of 2020, crypto and blockchain firms attracted a total of $2.3 billion in 341 deals. According to the data, 2018 is the record year in terms of funding secured in the crypto industry,…

DEEPSTAKE Launching DeFi Staking and Yield Farming Platform

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Deepstake is a staking platform that eases the staking of cryptocurrencies with deep liquidity. Interestingly, it automatically conforms to liquidity needs on a 24-hour basis. Deepstake Finance, a new protocol that powers an innovative staking ecosystem, has finally gone live, offering some of the highest yields on leading coins in the conventional crypto space and the decentralized finance (DeFi) sector. For example, staking Bitcoin with a lockup period of 30 days results in an annual percentage yield (APY) of above 330% while providing liquidity for the COMP/ETH pool has a…

Facebook Data of Over 500 Million Users Found Online, FB Stock Can Come Under Pressure

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A new report from Business Insider stated that data of over 500 million Facebook users was leaked and uploaded online for free. However, Liz Bourgeois who heads communications at FB stated that this was an old vulnerability patched in August 2019. Facebook Inc (NASDAQ: FB) needs to have a close watch on what’s happening at the company at this moment. As per the Business Insider report on Sunday, April 4, data of over 500 million Facebook users appeared on a website of hackers.  Although the information could possibly be several years…

How I Would Invest A $1,400 Stimulus Check In Crypto – Top Coins To Buy

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Samsung Q1 Profit Expected to Jump 45% on Increased Sales

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Samsung Q1 profit is set to jump as high as 45% following the increased demand for electronic devices. The electronic giant has particularly been boosted by the launch of the Galaxy S21 series in mid-January. Samsung Electronics Co Ltd (KRX: 005930) will mark the highest operating income level since 2018. According to a Refinitiv SmartEstimate which draws its estimate from 16 analysts, Samsung revenue in Q1 rose by 12% with operating profit reaching 9.3 trillion won ($8.2 billion). The growth has been attributed to high spending on electronic devices during the…

US Couple Exchange NFT Rings at Their Ceremony

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The couple prepared a smart contract for their Judish ceremony. They will keep it in their crypto wallets. To leverage the uniqueness of the crypto asset issued by their contract, the spouses created their tokens on Etherscan. One would think that there is nothing special in a wedding ceremony as most of them follow a similar format. However, a couple from California managed to get on the news with their rites of matrimony. Peter Kacherginsky and Rebecca Rose, both are Coinbase employees, exchanged NFT wedding rings. The couple shared their…