Monthly Archives: May 2021

Reeling from post-hack price slump, Easyfi reveals community compensation plan

Stablecoins, IOU tokens, and future incentive programs are coming down the pipe for jilted investors. After a devastating hack, a cross-chain decentralized finance (DeFi) protocol has revealed today a temporary compensation plan for token holders and investors impacted by one of the largest exploits in DeFi history.  In a Tweet today, EasyFi announced their “Interim Compensation Plan,” a multi-stage process that includes immediate payments, IOU tokens, and incentive programs aimed at victims of the attack. 1/ #EasyFi is releasing a carefully thought out compensation plan for the […]

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1Inch price hits a new high as the top DEX aggregator vies for DeFi dominance

A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share. As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new entrants to the field seem to emerge on a weekly basis.  One of the top DEX aggregators that has recently seen its price reach a new record high is 1Inch (1INCH), a […]

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Lega Serie A to Commemorate Historic Coppa Italia Final With NFTs

The governing body of the major professional soccer league in Italy, Lega Serie A, will release a special collection of NFTs in commemoration of Cup of Italy’s last match this year. The 2021 Coppa Italia Final is viewed as a historic event as Juventus and Atalanta prepare to clash for the trophy for the first time. Italian Soccer League to Offer Collectibles for Cup of Italy Final The winner will be determined in a game on May 19, when the two teams meet at the Mapei Stadium […]

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If You Don’t Buy Bitcoin, You Can’t Be Rich

Rich is a subjective term, yet it is apparent that those with no bitcoin unknowingly lack the freedom necessary for true wealth. Undoubtedly, fiat millionaires will read the title of this article and laugh. Languishing in mansions with foundations of debt, materialism and the physical world of fiat rich people is deceptively luxurious. Assuredly, the great empires of Rome, Venice and Constantinople also had many rich people enjoying the various splendors of wealth. Indeed, turkeys live happy lives — until Thanksgiving. If we can consider the fiat […]

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Bridgewater Associates CFO heads to Bitcoin-focused firm

The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG. “The NYDIG team and I are extremely excited to welcome John,” NYDIG CEO and co-founder Robert Gutmann said in a public statement released on Friday. He added: “His kindness, curiosity, and humility, combined with his deep financial services experience, are a perfect match for […]

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Marathon Mines First OFAC Compliant Bitcoin Block

Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be the start of censorship in the bitcoin blockchain at a mining level. Marathon Mines the First OFAC Compliant Bitcoin Block Marathon, a North America-based mining company, has mined the first OFAC compliant bitcoin block yesterday, that only included KYC validated […]

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How Bitcoin Changes Our Perception Of Money

The way we traditionally perceive money is, at its root, misguided, as money is what allows humans to experience value. The Root Of All Evil For my entire life, to the best of my memory, I can recall one persistent narrative: “For the love of money is the root of all evil, therefore selfishness must be the seed.” — M. D. Birmingham (which is a take on the quote from 1 Timothy 6:10). In the most recent decade of my time among the living, I have learned […]

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Qtum price rallies 160% as the project’s focus on DeFi pays off

QTUM price hit a 3-year high above $35 as the team’s focus on DeFi and staking attracts new users. After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Bitcoin Core 0.13 version, but it also integrates the Ethereum virtual machine (EVM) and smart contract execution capability.  Following Bitcoin’s (BTC) April 23 crash down to $47,500, QTUM faced a 52% correction in 4 days before bottoming at $10. However, […]

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Autonio Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the NIOX Token (NIOX) under the pair USDT/NIOX on May 5 at 1:00 p.m. UTC. The NIOX Foundation and the Autonio trading platform are launching the NIOX suite to address the technical complexity, secrecy, and exclusivity found on existing trading platforms. The Suite’s goal is to provide users with a simple infrastructure for engaging with digital asset markets. The NIOX Suite is an accessible, […]

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How The HODL Meme Reveals The Truth About Bitcoin

Just as evolution is determined by survival of the fittest, the enduring Bitcoin memes reinforce the best qualities of the network. Memes are plentiful in the Bitcoin community, acting at once as sources of amusement, beacons of solidarity and resources for edification. Many prominent Bitcoiners before me have recognized this, and I would encourage those interested to consult the fantastic articles written by Bob Simon, SEANSTACKIN and Jameson Lopp for more information. In this article, I hope to contribute to this discussion by highlighting the evolutionary dynamics […]

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