EasyFi Introduces Blend – A New Generation of DeFi Products with Configurable Advanced Smart Contracts

EasyFi, the multi-chain layer-2 money market protocol has introduced BLEND, a set of advanced and configurable smart contracts for DeFi 2.0 applications. Created keeping the community’s requirements in mind, these smart contracts simplify the creation of yield generating products like permissionless fixed return staking programs and more. Introduction of these permissionless advanced smart contracts is a result of EasyFi’s effort to plug a long-existing gap between the user requirement and the availability of yield generating products in the DeFi market. With EasyFi’s advanced smart contracts, anyone can launch their own…

Wormhole hack illustrates danger of DeFi cross-chain bridges

Solana has become one of the fastest-growing smart contract blockchain networks since it was first officially launched in March 2020.  The total value locked (TVL) on decentralized finance (DeFi) protocols on the network grew from nearly $152 million in March 2021 to $8.08 billion at the time of writing, as per data from DefiLlama. Simultaneously, the network has also been subject to several network issues and outages. Most recently, the Wormhole token bridge was hit by a security exploit on Feb. 3 that culminated in the loss of 120,000 wrapped…

Colorado governor says he expects state to accept tax payments in crypto by summer

Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. In a Tuesday CNBC interview, Polis said crypto holders in Colorado could have the option of sending tax payments in digital currency, which the state would then convert back into fiat. The governor said that an unnamed intermediary would likely handle the exchange of crypto to fiat. “We expect by this summer — pretty soon — to accept crypto for all of our state…

Payments Firm Stronghold Launches $100M Investment Fund Aimed at Fintech and Web 3

“Stronghold Capital will create opportunities to develop new products and business models that improve financial infrastructure for everyone,” said Tammy Camp, CEO of Stronghold, in the press release. Camp will also be the fund manager for the new capital arm. “Identifying and investing in emerging talent – especially underrepresented and undervalued founders – stands to benefit the developer community, the fintech industry and even society as a whole.” Source

Attenzione: segnale di forza stanotte per il prezzo di bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin Questa notte il prezzo di bitcoin ha fatto uno spike che gli ha consentito di recuperare tutte le perdite accumulate durante il weekend. Ma la cosa più interessante è che questo spike è avvenuto con US10Y fermo. Nei giorni scorsi invece BTC e US10Y si erano spesso mossi più o meno insieme. Tuttavia oggi al Senato USA si terrà un’importante udienza sulle stablecoin, le cui eventuali conseguenze potrebbero far muovere i mercati crypto. Inoltre c’è ancora sempre la situazione in Ucraina,…

US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’ – Bitcoin News

The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that he’s “never seen the Federal Reserve buy a multimillion-dollar commercial for U.S. dollars.” Sherrod Brown Says Super Bowl Crypto Ads Left a Few Things Out For quite some time now the U.S. Senate Banking Committee chief Sherrod Brown (D-OH) has argued that crypto assets “put Americans’ hard-earned…

ETH Remains Above $3,000 as Markets Consolidate – Market Updates Bitcoin News

Following yesterday’s rally in crypto, prices consolidated on Wednesday, as markets were once again fearful of escalating tensions between Russia and Ukraine. The uncertainty came as NATO reported that Russia was increasing troops on the border, as opposed to sending some home. Bitcoin BTC, which looked set for a breakout of the $45,000 level yesterday, fell on hump-day, sending the global crypto market cap 1.40% lower in the process. The price of bitcoin hit a high of $44,667.22 on Tuesday, however today dropped to an intraday low of $43,622.02, as…