America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to climbing mortgage rates, creating a housing shortage. Data from the Federal National Mortgage Association, commonly known as Fannie Mae, found that 92% of homeowners think their current home is affordable. Yet, findings further show that 69% of the general population, consisting of both homeowners and renters, believe it’s…
Day: April 26, 2022
Fireblocks expands institutional access to Terra’s DeFi ecosystem
Fireblocks, a digital asset custody platform, announced that it has enabled institutional decentralized finance (DeFi) access to Terra (LUNA), the second-largest DeFi protocol by total value locked (TVL). As per the announcement, Fireblocks users can now securely access all the decentralized applications (DApps) built on the Terra blockchain. The launch is in response to Fireblocks’ early access program users, who invested over $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live. According to Michael Shaulov, CEO of Fireblocks, institutional demand for DeFi…
Fireblocks Sees $500M Stampede Into Terra DeFi in First Week
“Once we released the capability to access DeFi on Terra, we’ve seen this kind of crazy demand,” Shaulov said in an interview with CoinDesk. “So over $250 million was deployed in the first 72 hours, and I think it’s exactly a week now and there’s been half a billion dollars of transactions into Terra from our platform.” Source
Coinme Enters Its 49th State, Installing Bitcoin ATMs in Vermont Grocery Stores
Bitcoin ATM operator Coinme is arriving in Vermont, its 49th state. Only New York remains uncracked. @camlearnscrypto reports Original
Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M
CryptoX – Cryptocurrency Analysis and News Portal Vertex protocol raised $8.5 million to build a decentralized foreign exchange for Terra-based stablecoins. @camlearnscrypto reports Source The post Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M appeared first on CryptoX. CryptoX Portal
Bitcoin Miner CleanSpark Raises $35M in Equipment-Backed Debt From Trinity Capital
“We are excited to partner with the team at CleanSpark, which is on a mission to mine bitcoin responsibly, using a mix of sustainable energy including nuclear, hydroelectric, solar, and wind,” said Ryan Little, managing director of equipment financing at Trinity Capital, in a statement. Original
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Trace Network Is Giving Everyone A Digital Twin With BUDDY Launch
Trace Network has announced the launch of BUDDY, the first product from the project that enables the creation of real-looking avatars. The product is now live on Trace Network Labs and you can mint BUDDY on https://app.trace.network. The decentralized protocol set out to do something that has never been done before and that is to provide users with a digital twin of themselves. These human-looking avatars are basically virtual replications of the users themselves, bearing a complete likeness to their physical attributes and other characters. Speaking on the occasion of…
Fidelity offers 401(k) investors access to bitcoin, a retirement plan first
A Fidelity Investments location in New York. Scott Mlyn | CNBC Fidelity Investments said Tuesday it will offer investors the option to put bitcoin in their 401(k)s, making it the first provider to offer crypto for retirement savings. The crypto offering will be available for 23,000 employers that use Fidelity to administer their retirement accounts by mid-year 2022. With $11.3 trillion in assets under administration, Fidelity is the nation’s largest retirement-plan provider and its decision could make crypto even more popular and mainstream. “There is growing interest from plan sponsors…
Breaking News for SHIBA INU | Listed in Robinhood Exchange | Cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #ShibaINU #Shibarmy #Robinhood Shiba INU is a community token in which most of the investors are invested. We saw a sharp rise the in the price of Shiba INU in 2021 and everyone expected the momentum to carry on in 2022, but after a sharp increase in the price in the month of Oct’21 there was a pause in the rise of Shiba INU. The only hurdle we faced was Robinhood Exchange, although it is not a big exchange and does not…