Each Omnipool allocates liquidity of a single asset into different Curve pools. All Curve liquidity provider (LP) tokens get staked on Convex to boost Curve (CRV) rewards earnings. Convex (CNX), another Curve ecosystem token, is also rewarded, as is Conic (CNC), Conic’s native token. Source
Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear. Bitcoin is created through mining, a process involving computer hardware to solve complex mathematical problems and verify transactions on the blockchain network. For their efforts, miners are rewarded with a predetermined amount of BTC for each block of transactions. According…
Minecraft gets the Bitcoin treatment It seems like Minecraft has been around since the invention of computers, and there is a reason for that. Along with its official free updates, which provide extra content, the Minecraft ecosystem has an incredibly active community, helping it stay up to date. Thanks to the game’s open-ended gameplay, there is tons of community-built content available to enjoy. Have you finished the standard content of the game? Then why not relive the industrial revolution with custom-built mods? Or enter a competition to see who can…
The Indonesian commodities futures regulator has established the country’s official cryptocurrency exchange as part of the efforts to regulate the fast-growing digital asset space. Additionally, the regulator has established a clearing house for digital assets. Discover StealthEX.io – the future of cryptocurrency. Swap instantly across 1000+ coins, no sign-up, secure, and private. Dive into the new age of crypto! The Commodity Futures Trading Regulatory Agency (CoFTRA) made the announcement yesterday (Thursday). In the statement, the regulator noted that it had established an official platform for storing digital assets in the…
Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to warn his readers about phishing and other social engineering scams. He also recommended cryptocurrency exchange users rely on hardware devices for two-factor authentication (2FA), instead of using mobile carrier-based 2FA for example. “Best to enable 2FA with a hardware device (Yubikey) on all crypto exchanges,” Binance CEO wrote. Zhao’s warning came shortly after Uniswap founder Hayden Adams had his Twitter…
ProShares, the issuer of the first U.S. bitcoin futures-linked exchange-traded fund (ETF), said concerns that costs associated with trading of the derivatives would lead to tracking errors are unfounded. The ProShares Bitcoin Strategy Fund began trading on the New York Stock Exchange in October, 2021, allowing investors to gain exposure to bitcoin (BTC) without having to actually own the cryptocurrency. The ETF, the world’s largest crypto fund, invests in regulated and cash-settled bitcoin futures listed on the Chicago Mercantile Exchange (CME). From the very beginning, observers speculated BITO and other…
Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool. Conic Finance has been exploited for $3.26 million in Ether (ETH), the Web3 risk-alert source Beosin Alert reported on July 21. Nearly the entire amount of stolen cryptocurrency was sent to a new Ethereum address in just one transaction, according to data provided by Beosin. Transactions on the address involving a flashloan exploit on Coin ETH Pool. Source: Etherscan Conic Finance was quick to confirm the news on…
Coach McNugget invites players to start the fun by finding four McDonald’s signs, and what gamer doesn’t seek an adventure like this? But off I went to find them. By playing the game, players can earn rewards including a 100,000 SAND shared prize pool (roughly $44,000) and “mystery boxes,” according to a press release. Source
The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the digital age, several emerging trends are reshaping the financial services landscape. This article will explore five key digital finance trends that readers should be aware of. Open banking The delivery of financial services is being revolutionized by the disruptive movement known as “open banking,” which involves securely transferring consumer financial data between financial organizations with customers’ permission. Open banking makes it possible for outside developers to create cutting-edge…
Bitcoin dipped under $30,000 during European hours on Friday, even as broader traditional markets remained relatively unchanged. Ether (ETH) shed over 3%. Among other large caps, XRP fell as much as 6% in the past 24 hours, while Cardano’s ADA and Avalanche’s AVAX fell 4% in the same period. Source