What exactly is Yield Farming? The most discussed topic at Defi Summer 2020 was yield farming. The overall value of locked liquidity pools is likely to hit new highs in 2021. What exactly is yield farming, how does it work, and where can you do it? Yield farming is the activity of using or leasing…
Beginners’ Guide to Crypto Mining
Beginners’ Guide to Crypto Mining Beginners’ Guide to Crypto Mining: Bitcoin originally gained widespread attention in 2008, when an anonymous individual published a white paper outlining the asset. Bitcoin took momentum in 2009 when it was worth close to nothing in comparison to the US dollar, and it was utilised as a currency all over…
CryptoEats Disappeared Following a £500K Token Sale
Cryptoeats, a business that purportedly obtained $8 million in a Series A fundraising round to develop a cryptocurrency-based Ubereats rival, has apparently vanished following the launch of its token. The business may have raised more than £500K from investors following the introduction of its official token, branded “eats.” The alleged fraud was marketed via UK…
Polkadot and Ethereum 2.0 – Solutions Building Tomorrow
Both Ethereum 2.0 and Polkadot are promising sharding-based protocols overcoming the scalability challenges facing legacy blockchains. Although slightly different, together, the Relay Chain and Beacon Chain represent another significant leap forward, especially for interoperability. Partitioning the Problem: Sharing the Load via Sharding Scalability has been a hotly debated topic after networks bumped up against the…
Survey: 14% of Americans Want Crypto Rewards for Using Their Credit Cards
During the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study…
FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme
In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S….
Bitcoin or Ethereum – Mike Tyson Asks Fans Which They Prefer
Mike Tyson, a former heavyweight boxing champion, asked his 5.6 million Twitter followers on Saturday which cryptocurrency they preferred: bitcoin or ethereum. Tyson is no new to the cryptocurrency world, having just entered the field of non-fungible token (NFT) collectibles. Iron Mike Asks His Fans: ‘Which do you prefer, Bitcoin or Ethereum?’ On Saturday, the…