Category: ICO

The Anti-Fragile Asset Thriving Amid Global Economic Uncertainties

As an asset, Bitcoin may be increasingly anti-fragile as well. When Silicon Valley Bank collapsed on March 10, 2023, fears of contagion sent stocks down by over -1% the next trading day, but bitcoin rose by 20%. This “safe haven” price response was a new phenomenon for bitcoin, and time will tell if it persists. But bitcoin is outperforming all other asset classes over the last 1, 3, 5, and 10 years, periods that include many stresses. Source

EigenLayer’s Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up

Restaking has played a major part in the rise; capital on liquid restaking platform ether.fi has increased by 406% to $1.19 billion in the past 30-days, while Puffer Finance has experienced a 79% hike in the past week alone. TVL across liquid restaking protocols including EigenLayer is now at $10 billion, in December it was just $350 million, according to DefiLlama. Source

Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks

“One open question that was clarified from a banking law perspective was that when funds are locked up, those funds must be available to clients at any given time,” Lavrov said in an interview. “You could argue that is achieved by liquid staking, since funds are readily available and the token is pegged one-to-one with ETH. So I see a breakthrough opportunity for banks to get into solutions like Lido.” Source

Crypto-Related Company Shares Rise Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High

Bitcoin, the largest cryptocurrency by market value, added about 2.9% in the last 24 hours, while the CoinDesk 20 Index, a measure of the largest digital assets, rose around 2.1%. Ether {{ETH}}, the second-largest cryptocurrency, gained 3.2% to $2,754, the highest since May 2022, while the total crypto market cap touched $2 trillion for the first time since April that year. Source

Practical tips for small beauty and wellbeing businesses this Valentine’s Day

Show your customers you care – about their information rights – this Valentine’s Day. That’s the message from the Information Commissioner’s Office (ICO), the UK regulator for data protection, at what is often a busy time for those in the beauty and wellbeing trade. Most small businesses in this sector have information about people. This could be customer appointment or payment details, sensitive information about their allergies, staff details, or supplier contacts.  Information rights laws are in place to ensure that people’s details are handled in a safe and lawful…