Day: November 3, 2021

How Yield Farming on Curve Is Quietly Conquering DeFi

Over the past six months, Curve has made just $34.1 million in swap fees, even though it has $16.5 billion in TVL on Ethereum’s main network and has kept its trading volume consistently high. Curve and its liquidity providers make $0.40 on every $1,000 in trading volume, compared with another popular decentralized exchange, Sushi, which makes $3 on every $1,000 in trading volume for its liquidity providers. Oftentimes, liquidity would migrate to exchanges with higher fee brackets for higher returns, and yet Curve has the lowest fees and more liquidity…

How profitable is crypto mining?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How much can you make mining crypto? In this video I explain the costs of mining crypto and how much passive income you could make investing in crypto mining. 00:00 Is crypto mining profitable 02:09 Finding value from new or used crypto miners 05:26 How profitable is crypto mining? 07:55 What I tried Mining 09:28 Crypto mining vs investing [Full Value Discord] [Earn interest on your crypto] Pionex referral (20% off trades): ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Monster-battle NFT game Axie Infinity soars in popularity among developing nations

It’s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At time of publication, Axie Infinity has over 360,000 concurrent players. Based on data from ActivePlayer.io, while the U.S. ranks third in terms of active Axie Infinity players, all other countries on the list are developing…

ADALend Ignites the Defi Space – Sponsored Bitcoin News

sponsored ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system. The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The protocol will utilize the Cardano blockchain to flesh out DeFi potential as a viable replacement to the traditional financial sector. Green Blockchain Blockchains of…

Binance Is Investigating Squid Game Token, Considers It a Scam: Report

Crypto exchange Binance is investigating the SQUID token crash and considers it a classic “rug pull” scam, according to a Barron’s report. Binance has frozen and blacklisted wallet addresses tied to the token’s developers, according to the report. It is also using analytics tools to identify the developers. The developers appear to be using Tornado Cash to cover their tracks, Binance told Barron’s. The play-to-earn SQUID protocol is built on Binance Smart Chain. Binance is looking to recover lost funds and plans to communicate its findings with law enforcement, according…

CoinDesk Names Kevin Reynolds Editor-in-Chief

As Executive Editor, Marc is leading the development of CoinDesk’s soon-to-be named online magazine of ideas, which will focus on long-form stories, investigative pieces, people profiles, Op-Eds and research, providing a resource for those looking for deeper dives into the many contentious issues facing this industry. Under Marc’s leadership, the new magazine will set the agenda for how this highly disruptive technology is incorporated into society, addressing the many challenges it poses to regulators, engineers, business leaders and the general public. Source

Eric Adams wins NYC mayoral race

Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa. Following the Nov. 2 Election Day results, Adams will be replacing Bill de Blasio as the mayor of New York City, defeating Sliwa and other candidates with 72.8% of the vote. He is expected to take office on Jan. 1. It’s official — our five-borough, knock-every-door, reach-every-voter campaign was successful: We have won the race for Mayor of New York City! This is…

Market Wrap: Bitcoin Holds Above $60K After Fed Taper Announcement

Bitcoin traded in a choppy price range on Wednesday as traders reacted to the U.S. Federal Reserve’s plans to taper its $120-billion-a-month in bond purchases. The unprecedented amount of buying by the Fed as part of its monetary stimulus plan known as quantitative easing (QE) provided a tailwind for financial assets, such as cryptocurrencies, deemed by the market to be risky. But lower liquidity as a result of the tapering could encourage investors to reduce their exposure to crypto and other risks. Bitcoin’s price fell by about 5% during the…

"I Got a Job as a Tour Guide in a Mining Museum" | Creepypasta | Scary Story

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Have you ever seen a ghost? Author: DragonManMike ►Story: ARTIST: ►Horror Story Thumbnail Art: Pelayo Cuervo My Patreon: Special Thank You To Patrons: Teri Middleton, Absinthe Alice, ZombieFox, Seasalt Flavour, Jen M., Chris Barth, Jacob Stringfellow, Joey Chamberlin , Dr Serene, Cap’n Bootz, Mathew Steele, Gemma Hasley, LemonFluff , Veruca Salt , Meilline , Suzanne Gereaux, Jonathan Demoisey, Ripkora, TheEchoNight, Dhawal Chheda, Jessica Lang, Sara Cagle, Carol Cosgrave, Emmy, Shannon M. , Elijah Phillips, Ms. Jackalope .J. Johnstone, Thorin_Oakenshield, Lee Kendall ,…

Binance Funds $116M Initiative to Grow French Crypto Ecosystem

“At Binance, we recognize the quality of French and European tech, crypto and blockchain talent, and we are convinced that with the launch of Binance’s major operations and investment in France, we can significantly contribute toward making France and Europe the leading global player in blockchain and crypto industry,” said Changpeng “CZ” Zhao, founder and CEO of Binance, in the press release. Source