Decline In Bitcoin Hashrate Causes Miners To Earn $16.7 million In 24 Hours

On April 15, a widespread power outage in North China led to a sharp decline in the Bitcoin hash rate. Because major mining farms are located in China, there was a 20% corresponding decline in hash rate. The China Hash Rate Crash Of 2021 As a result of the decline in hash rate, backlog in transaction processing quickly surged, causing a mounting transaction fee. With the high mining fee, Bitcoin miners have earned nearly $16.7 million in just 24 hours. Wu Blockchain noted in a tweet earlier today: “Bitcoin miners’…

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Kava Lets Institutional Bitcoin Holders Earn Over 45% APR without Counterparty Risk

Kava stands out among other DeFi solutions thanks to its focus on cross-chain liquidity involving major assets such as Bitcoin and BNB. Kava is paving the way for broader DeFi adoption by major institutions. Through its recent protocol upgrade, institutions will earn over 45% APR on Bitcoin holdings at no counterparty risk. This upgrade will bring a lot of attention to this ecosystem and the broader decentralized finance industry. Institutional Investors Favor Bitcoin People or institutions who enter the DeFi space will often look for the highest APR through yield…

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Rewards system allows decentralized messaging app users to earn crypto

Make Sense Labs, a decentralized application firm backed by venture capitalist Tim Draper, now allows users of its social messaging app to earn rewards in crypto. According to an announcement from Make Sense, the technology company launched the crypto rewards feature on Monday on its Sense Chat app first developed in 2018. The app reportedly allows users to earn the company’s native SENSE tokens by interacting with others online, subscribing to different channels, inviting new users and creating message threads. Crystal Rose Pierce, CEO of Make Sense and wife of…

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Kava Protocol Upgrades to V5.1, Hard Money Market Now Fully Functional Allowing Bitcoin Whales to Earn 45% APR

Kava—a cross-chain and multi-asset DeFi platform trusted by financial institutions, has optimized its blockchain. It is upgrading to version 5.1 and activating the borrow side functionality of the Hard Protocol–a product built on the Kava blockchain.  Through the Hard v2 money market, banks and other financial institutions can earn 45 percent APR on their Bitcoin holdings without counterparty risks, a press release on Mar 31 reveals. Hard v2 is Live: Borrow-Side Functionality Activated The upgrade makes the Hard protocol a fully-functional money market, delivering on Kava’s promise. Presently, there is…

Institutions Can Now Earn +25% APY On Bitcoin With Cross-chain Money Market

HARD Protocol Version 2 introduces significant changes and enhancements to the HARD cross-chain money market. Catering to the needs of institutional players will take DeFi to the next level of mainstream adoption. HARD Protocol is a decentralized money market built on the Kava platform and enables lending and borrowing of cross-chain assets. In the Version 2 upgrade, several enhancements will become accessible to financial institutions looking to explore the decentralized finance industry. Providing an option for the companies that hold the largest currencies in the world including Bitcoin to earn…

Earn Cryptocurrency – Comparing Various Passive and Active Earning Crypto Ways

How to Earn Cryptocurrency in 2021: 5 Popular Ways Compared Are you looking to earn cryptocurrency in 2021? You are in the perfect place! 2020 has been an excellent year for crypto, and the industry has been booming in 2021 as well, reaching an almost $1 trillion market cap by the end of January. Since the space has gone through major changes recently, users can earn digital assets in numerous ways in 2021. In this article, we have selected and compared the best methods to earn bitcoin this year and…