The funding round was co-led by North Island VC, Distributed Global and Pantera Capital. Source
Cosmos-Based Liquid Staking Protocol Stride Raises $6.7M
Month: August 2022
Dtravel Completes First Smart-Contract Vacation Rental Booking
It’s also looking to onboard users newer to the crypto space, rather than solely experienced Travala users. Huang said Dtravel plans to incorporate more login options and wallet integrations for those joining the platform from Web2, as well as give TRVL tokens to guests to encourage governance participation to get acquainted with the DAO. Source
Bitcoin Doesn’t Need Yield When Holding Will Suffice
Understand What Money Is,With dollars, your yield is to help you maintain purchasing power over time. But you don’t need to find yield to keep pace if you have a scarce asset. A great example is the median home price in the US – in 2018, it cost 24.5 bitcoin to own, and today it is 20 bitcoin. If we had saved in dollars, you’d need 30% more today than in 2018 for that same purchase. Original
Advisors Should Look Before Clients Leap Into DeFi
“In DeFi, in some cases, it’s just unsustainable, it’s not going to work out,” Rosmer said. “What’s totally fair is that these yields are not going to last. The super-high yields are short-term yields and things normalize as more participants become involved.” Source
‘Insane evidence’ Bitcoin has capitulated in past 2 months — analysis
Bitcoin (BTC) is providing overwhelming evidence that it is capitulating, and it is time to flip bullish as a result, new analysis believes. In a Twitter thread on Aug. 3, Charles Edwards, CEO of crypto asset manager Capriole, revealed what he called the “The 12 Bitcoin Capitulations.” “Risk-returns skewed positively” for Bitcoin With BTC price action recovering from multi-year lows but still hovering near key bear market support, opinions vary widely as to what will happen next. Some are demanding a return to levels even lower than June’s $17,600 trough,…
Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report – Market Updates Bitcoin News
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report, which is expected to come in at 250,000 jobs. Bitcoin After yesterday’s rebound in price, bitcoin (BTC) was back in the red on Thursday, as markets prepared themselves for tomorrow’s nonfarm payrolls report. It is expected that Friday’s report will show an addition of 250,000…
Portuguese Banks Are Closing Crypto Exchanges’ Accounts
Portuguese banks began closing accounts that belong to crypto exchanges, citing ‘risk management’ as the main reason for the closures. Portugal gained its reputation for welcoming cryptocurrency exchanges as no tax is imposed on crypto earnings. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. These banks are Banco Comercial Portugues (BCP), Banco Santander, Caixa Geral de Depósitos, BiG, and Abanca. At least four crypto exchanges had their accounts closed according to recent…
Best 3 Bitcoin Mibile Mining Website 2021 || Cloud Mining Free BTC App
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Best 3 Bitcoin Mibile Mining Website 2021 || Cloud Mining Free BTC App Happy 2 Share You Friends Bitcoin Mining Website with Earning Proof. ✅✅✅✅⭐⭐⭐⭐✅✅✅👇 First Time Share My Vlog Channel Please Support All Joining Links 🙌 #bitcoinmining #bitcoincloudmining #freebitcoinmining #bitcoinminingapp #earnfreebitcoin #freecloudmining ○●○●○●○●○●•●•●•●•●•●•●•●•●•●○ Wazirx indian india 🇮🇳 Exchange Link👇 My Telegram Group 👇 Promote Your Business Plan 👇 Thanks For Watching devtube 🙏🙏🙏🙏 Only Whatsapp: +91 7001820290 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Crypto Exchange ZB Exchange Loses Nearly $5M in Suspected Hack, Pauses Withdrawals
The exchange, which used to be based out of China, suspended its operations when Chinese regulators made the decision to ban fundraising through initial coin offerings (ICO) in 2017. The move came after the Chinese central bank voiced concerns about the then largely popular and mostly unregulated fundraising method’s use in several financial scams. Since then, the company has moved overseas, operating out of Hong Kong with offices in Australia and the U.S. Source
Ethereum’s L2 solution ‘Optimism’ rallies 300% in a month — will OP price gains sustain?
The price of Optimism (OP) has been skyrocketing since the beginning of July due to its proximity to Ethereum. Notably, OP’s price rallied by nearly 300% in over a month to reach $2.31, its second-highest level on record, on Aug. 4. The token received its bullish cues primarily from the euphoria surrounding Ethereum’s potential transition to proof-of-stake in September via an upgrade called “the Merge.” OP/USD four-hour price chart. Source: TradingView Why the “Optimism” To recap: Optimism is an Ethereum rollup solution. In other words, the so-called layer-2 solution handles…