Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how to address them. Stablecoins: Benefits and Risks The POTUS’ Working Group on Financial Markets (PWS) produced the report in collaboration...Read More
Advertisement The majority of altcoins are constantly increasing in value. ETH is gaining traction, and it may soon reach $4,500. XRP is striving for a crucial breach above $1.12 on the upside. If ADA closes above $2, it may get traction. The price of Ethereum increased when it went through the $4,350 resistance level. ETH...Read More
[PRESS RELEASE – Sydney, Australia, 2nd November 2021] GreenPark Sports, the social gaming developer for next generation sports and esports fans, today announced its first limited edition drop of premium gear NFTs in partnership with Immutable X, featuring over 78,000 NFTs, available in virtual lockers for purchase. GreenPark Sports mission is to bring global sports...Read More
The DeFi industry has grown at a phenomenal rate, with the Total Value Locked (TVL) exceeding $200B, according to DeFi Llama. Advertisement This growth requires a portfolio tracking solution for the users considering the volatile nature of the market. However, the portfolio tracking solutions offered in the market are plagued with bugs, designed for CEXes...Read More
[PRESS RELEASE – Please Read Disclaimer] Making bets and predicting the outcome of certain events has existed for thousands of years as it undoubtedly provides participants with enhanced emotions whether they win or lose. However, the main problem for those who lose is that they don’t win anything – no surprises there, right. As such,...Read More
Composable Finance has been declared the winner of the 12th parachain auction organized by Polkadot’s canary network, Kusama. “We at Composable, are elated to announce that our efforts to obtain a Kusama parachain for Picasso have been successful — thanks to the immense support from you, our Community,” the project said in a Medium post....Read More
Sfermion – an NFT investment firm – has raised $100 million through fundraising from several high-profile institutional investors and venture capitalist firms. The Winklevoss twins, Marc Andreessen, Alan Howard, Digital Currency Group (DCG) are some of the names of the participants. Accelerating the Emergence of the Metaverse As per a press release, Sfermion announced the...Read More
[PRESS RELEASE – Road Town, British Virgin Islands, 1st November 2021] OpenOcean Atlantic, the long-awaited upgrade of OpenOcean, will go live on the Ethereum network today, November 1, 2021. Users will benefit from maximum returns on swap rates that blow other DEX aggregators out of the water. In addition, OpenOcean prides itself on transparency regarding...Read More
The infamous whistleblower Edward Snowden opined somewhat negatively on Shiba Inu and its ability to bring fortune to its holders. According to him, the meme coin is nothing more than a “clone of dog money” that can turn to be a highly dangerous investment strategy. Do Not Mortgage The Farm to Buy SHIB In a...Read More