Notional will offer three leveraged vaults, which are slated to go live in October. The leveraged vaults will allow Notional’s protocol to earn more revenue from transaction fees and reduce its dependence on liquidity incentives, with users gaining access to higher interest rates as borrowing demand increases, Notional co-founder Teddy Woodward told CoinDesk. Original Source DeFiLendingLeveragedNotionalOfferProductProtocol CryptoX Portal
Day: September 8, 2022
Banco Central Europeo aumenta tasas de interés a 75 puntos básicos en medio de suba inflacionaria
Como tal, el último movimiento del BCE demuestra que la restricción de liquidez global está en pleno auge, lo que debilita el caso de una reactivación alcista en los activos de riesgo, incluidas las criptomonedas. A fines de este mes, se espera que la Fed entregue su tercer aumento de 75 puntos básicos, teniendo en cuenta que los aumentos anteriores de la agencia de EE. UU. contribuyeron a una caída en el mercado cripto este año. Source
Binance Issues Soulbound Tokens on BNB Chain for KYC'd Users
Cryptocurrency exchange Binance has plans to issue all users that have completed KYC witha soulbound token on the BNB chain, according to an official announcement. Source
House Republicans Want Answers From Fed on Digital Dollar
That position, which has become a chief talking point for Fed officials, had also been echoed the day before by Michael Barr, the board’s new vice chairman for supervision. Barr also said he didn’t feel a Fed decision on a digital dollar is urgent, and he said that if one is eventually issued, he leans toward a model that would see financial firms handling people’s digital-dollar accounts. Source
Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing
Peter Goettler, the chief executive officer of United States-based think tank Cato institute, has provided an update to the crypto community on the man who photobombed former Federal Reserve chair Janet Yellen during a 2017 congressional hearing — and he’s in the family. In a Monday online conference hosted by the Cato Institute on the state of U.S. monetary policy, Goettler said to Fed chair Jerome Powell that the ‘Bitcoin Sign Guy’ became his son-in-law in 2022. The man, whose image went viral in 2017 for asking viewers to buy…
Will DOT Succumb To Sharp Sell-off In Next Few Days?
The native token of Polkadot has dropped significantly in the last few days. The fate of DOT rests in the hands of its traders and investors as the correction period in crypto markets drags on. Based on recent price actions, some are predicting that DOT coin prices will fall to the $6 per coin support level. Some analysts believe sellers have the upper hand as the 20-day exponential moving average ($7.38) is curving down and the relative strength index (RSI) is in the negative zone. The key support for the DOT/USDT pair…
Bitcoin Mining Cost 2022 | Bitcoin Mining Rate | Crypto Mining Cost In India – Cryptovel
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US Government Recovers $30M From Crypto Game Axie Infinity Hack
Crypto analytics firm Chainalysis announced Thursday it helped the U.S. government recover about $30 million stolen from Axie Infinity earlier this year. Source
David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans – Blockchain Bitcoin News
The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the sale will go to the global anti-poverty nonprofit Care (care.org). ‘Bowie on the Blockchain’ Digital Collectibles to Launch on September 13 via Opensea — Fans Criticize the NFT Drop It seems when it comes to NFTs…
ETH Merge will change the way enterprises view Ethereum for business
A recent report from the Ethereum Enterprise Alliance (EEA) highlights how the Ethereum ecosystem has matured to a point where the network can be used by businesses to solve real-world problems. From supply chain management use cases to payment solutions utilized by companies like Visa and PayPal, the report demonstrates how the Ethereum network has grown to become one of the most valued public blockchains. Although notable, the EEA report also points out that the rapid growth of the Ethereum ecosystem has created a number of challenges for companies, specifically…