SynFutures launches DeFi futures to hedge Bitcoin mining risks
    26 Jul 2021
    465 Views

    Decentralized derivatives exchange SynFutures launched the DeFi futures, letting miners hedging against Bitcoin mining difficulty and all the factors affecting their mining returns. SynFutures announced a new product called Bitcoin Hash Rate Futures that uses the mining difficulty of Bitcoin as a basis to open long or short positions. The new offering is described as…

    Cryptocurrency data to produce music
    25 Jul 2021
    447 Views

    Texas-based influencer Estefannie and British synth-pop musician Look Mum No Computer collaborate to produce music based on fluctuations of the crypto market data. Estefannie and Sam Battle, also known as Look Mum No Computer, made a device that converts the price volatility of various cryptocurrency markets into music-like sounds. Battle constructed a mechanism to generate…

    Coinbase Commerce starts to accept Dogecoin for payments

    Cryptocurrency exchange Coinbase Global announced on Wednesday it has started to accept meme cryptocurrency Dogecoin for commerce payments. Dogecoin (DOGE) became the 7th cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal, according to an announcement on Twitter. The platform currently also supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), as well…

    Mining giant Core Scientific going public on Nasdaq with a $4.3B valuation
    25 Jul 2021
    460 Views

    Major blockchain hosting and digital asset mining company Core Scientific is going public through a merger with Power & Digital Infrastructure Acquisition Corp., valued at around $4.3 billion combined. On Wednesday, Core Scientific Holding Co., one of the largest mining companies in North America, announced its plan to go public on Nasdaq via a special…

    Terra [LUNA]: a stablecoin issuing ecosystem
    25 Jul 2021
    430 Views

    We continue to study platforms used for creating different blockchain projects: stablecoins, DeFi, synthetic assets. Today on the agenda is Terra [LUNA]. On July 16, the Terra [LUNA] crypto project team announced that it had received $ 150 million in investments to develop its ecosystem. The investments came from a pool of 23 large funds…

    CBDC will (not) make Bitcoin obsolete
    24 Jul 2021
    498 Views

    Will Central Bank Digital Currencies (CBDC) make Bitcoin obsolete or not? – professor Sean Stein Smith reflects in the Forbes column. Recent comments by the chairman of the Federal Reserve, Jerome Powell, highlight the need for more productive conversations around crypto competition. During testimony to both the House and Senate the topic of a central…