Tue Nov 26 10:32 AM

Grayscale Reveals BTC and ETH Account for 95% of $30B Crypto Under Management

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Most analysts predict that Bitcoin and Ethereum, Grayscale’s largest trusts, could reach $100K per BTC and $10K per ETH.The largest digital asset manager Grayscale has reached a new milestone. According to recent data, the asset manager has reached $30 billion in Assets Under Management...

DeFi Giant Aave Records New ATH amid Increasing DeFi Sentiments

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Through the latest surge in the price of the DeFi giant Aave, the Total Value Locked (TVL) has also increased in a corresponding manner.Decentralized Finance (DeFi) lending giant Aave has recorded a new milestone as its price soared to a new all-time high on...

Yearn Finance DAI Vault Exploited, Attacker Pockets $2.8M after Draining $11M

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News of the hack caused the Yearn’s native currency YFI to fall by around 15%, from $35,000 to just under $30,000On February 5, Yearn Finance confirmed that their V1 yDAI vault has been exploited by a hacker. The DAI vault lost $11M with the...

Sustainability, Loyalty, Gaming: How Ardor is Attracting Real-World Use Cases for Blockchain

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The real-world use cases supported by Ardor demonstrate that, nearly four years on from the initial enterprise blockchain hype, blockchain has indeed found the problems it can solve. As recently as a few years ago, enterprise blockchain was still often the headline news in the...

Crypto Market Reached $1.139T All-Time High in Market Capitalization

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As the crypto space records growth, Ethereum (ETH) has soared to a new all-time high as well.The total crypto market capitalization has reached an all-time high of $1.139 trillion. The crypto market recorded the new high on the 4th of February at 8.50 a.m....

Crypto Payments Startup Metal Pay Applies for National Bank Charter

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The recent application will first go for public comments for a 30-day period and later will move towards OCC approval. Metal Pay expects a decision from the OCC within the next four months.Metal Pay, the US-based peer-to-peer crypto payments startup, has recently applied for...

Jigstack’s Viral Looping Brings Legitimacy to Multilevel Marketing

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The VLM approach is expected to become synonymous with legitimate business practices, and it will eventually be the norm for multilevel marketing. Multilevel Marketing, or MLM, is a very controversial business structure. It is a model that facilitates legitimate business ideas and pyramid schemes alike....

Scaramucci breaks down the case for Bitcoin by saying it’s better than gold

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Anthony Scaramucci, the founder of alternative investment firm Skybridge, says why he’s betting big on Bitcoin.Speaking to Forbes, Scaramucci states that both he and his research team were initially skeptical of Bitcoin. However, following a three-year evaluation process, he concluded it’s “better at being...

Deloitte releases its own Bitcoin guide on the back of MicroStrategy’s “playbook”

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The guide from the “big four” accounting firm wants to cater to new clients and businesses considering a Bitcoin investment.Guide for BitcoinDeloitte, the international accounting part of the reputed “big four,” released its Bitcoin guide earlier this week on the back of enterprise business...

Uphold to Roll Out Crypto Debit Card in Europe by April 2021

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The new crypto card by Uphold will also include some of its supported assets like the US equities, carbon credits, and precious metals.Cloud-based digital money platform Uphold is planning to launch a multi-asset crypto card in Europe with the acquisition of card issuer Optimus Cards...