Polkadot Integrates “Smart Trigger” Platform PARSIQ
May 11, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The Polkadot Relay Chain has added support for PARSIQ. PARSIQ is a platform that uses “smart triggers” to send transaction alerts to users. It acts as a bridge between chains and off-chain applications. PARSIQ is also integrated across Bitcoin, Ethereum, Solana, and Binance Smart Chain, among others. PARSIQ has just launched on one […]
Palantir Now Accepts Bitcoin, Mulling Investment: Report
May 11, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by Phemex, our preferred Derivatives Partner. Another corporate giant joins the Bitcoin bandwagon. Palantir Adopting Bitcoin Palantir, the billion-dollar data analytics firm chaired by Peter Thiel, has reportedly revealed it accepts Bitcoin as a form of payment. CNBC reported on the Palo Alto firm’s Q1 2021 earnings call Tuesday, […]
A Beginner’s Guide to Decentralized Identity
May 11, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Given the various hacks over the last decade, data security has become crucial for any fast-growing business. The bounty for providing the most secure platform has, however, created dearth of innovation, making it difficult to identify the top solutions. Here are the top 3 decentralized solutions and how they are ranked. This news […]
Dogecoin Clone Turns to Vitalik Buterin for Coin Burn
May 10, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Shiba Token, a Dogecoin clone, has deposited half of its supply into the wallet of Ethereum creator Vitalik Buterin. The move is an attempt to carry out a coin burn, keeping prices high by removing a portion of the supply from circulation. SHIB’s value has risen by more than 1,500% over the past […]
After $11M Hack, Rari Capital Team to Reimburse Lost Funds
May 10, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The hack used a price manipulation attack to trick Rari Capital’s smart contract into misjudging the price of Alpha’s ibETH token. The team has been working with other Ethereum developers to fix the vulnerabilities and has been actively answering community questions. During a community call, Rari’s team announced they were foregoing their token […]
UBS Exploring Bitcoin Offerings for Wealthy Clients: Report
May 10, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This news was brought to you by Phemex, our preferred Derivatives Partner. A Bloomberg report suggests that UBS may soon offer its wealthier clients exposure to digital assets. UBS Exploring Crypto Offerings UBS, the Swiss banking giant with $3.5 trillion in assets under management, is planning to offer crypto products to rich clients, Bloomberg reported […]
Ethereum Sets New Record High Above $4,000
May 10, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways ETH has set a new all-time high price above $4,000. The second crypto has been rising at a rapid pace for weeks. It’s outperforming Bitcoin by some distance. Although a correction may be overdue, Ethereum still has a big few months ahead with EIP-1559 and Proof-of-Stake looming. Thanks to its latest run, Ethereum […]
DeFi Project Spotlight: Indexed Finance, Index-Based DeFi Investing
May 08, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways As retail interest in DeFi grows, solutions like indices offer easy passive portfolio management opportunities. The index space is highly competitive, with DeFi Pulse Index taking the large majority of the market capitalization. The project’s upcoming release will turn all underlying tokens in the indices into yield-generating assets. This news was brought to […]
American Cancer Society Accepts Dogecoin Donations
May 07, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The American Cancer Society is now accepting Dogecoin donations alongside 15 previously supported coins. The ACS aims to raise $1 million through its crypto cancer fund. The decision to accept cryptocurrency seems to be the result of outreach from the Dogecoin community. The American Cancer Society (ACS) is now accepting Dogecoin donations, according […]
Goldman Sachs Launches Crypto Trading Desk: Report
May 07, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways A note obtained by CNBC reveals that Goldman Sachs has formed a cryptocurrency trading team. The trading team has already executed trades on two Bitcoin derivatives. Goldman has shared mixed views on cryptocurrencies in the past but made shown clear moves towards adoption this year. This news was brought to you by Phemex, […]