Category: Blockchain

Yearn.finance is a decentralized finance (DeFi) digital asset management platform built on the Ethereum network to optimize the yield rate of cryptocurrencies, through crypto lending and trading services. Within this platform, the tokens that investors deposit to yearn.finance will be converted to yTokens, which are periodically rebalanced and aggregated through lending services Aave, Compound, and

The official court trial date for former BitMEX executives, Chief Executive Officer Arthur Hayes, co-founder Benjamin Delo, and Chief Technology Officer Samuel Reed has been set for March 28, 2022. According to a report by Law360, the court trial for these executives was set by Judge John Koeltl of the New York District Court. Each

Instagram users from Malta were reportedly attacked by hackers. Criminals were demanding that users pay Bitcoin if they wished to have their accounts redeemed. Local media outlet Lovin Malta reported that hackers contacted victims through Instagram chat, casually demanding that they pay Bitcoin if they wished to regain access to their accounts.  At least a

eBay Inc. has announced that it will allow the sales of non-fungible tokens (NFTs) for digital collectibles such as video clips, images, arts, photos, audios, and other types of digital files on its platforms. The US multinational e-commerce corporation told Reuters that from now going forward, an “NFT inventory will be provided to sellers who

Tesla CEO Elon Musk is long known for promoting cryptocurrencies like Bitcoin and Dogecoin, even whimsically crowning himself as the “Dogefather”, a play on words with Mario Puzo’s Academy Award winning film “The Godfather.” Yesterday, the eccentric billionaire took to his platform to ask his 54 million followers whether Tesla should start accepting Dogecoin (DOGE)

Aziz McMahon, the head of emerging markets and managing director at Goldman Sachs investment bank, has resigned from his job position after allegedly making millions of dollars in profit from Dogecoin investments. According to his LinkedIn profile, the executive has been with the London branch of Goldman Sachs for 14 years. Goldman confirmed the departure

Facebook’s Chief Executive Officer Mark Zuckerberg may have some hidden love for Bitcoin (BTC). However, all that is changing as Zuckerberg, who ranks as one of the richest men in the world, has shown through a Facebook post that he whimsically has some love for the cryptocurrency. It is no longer news that some of the

Today, despite the fact that most mainstream cryptocurrencies have fallen back, the SHIB token has proven to be the exception, rising by 123.63% in the past 24 hours. Within a week, SHIB token has surged by an impressive 1946.11%. SHIB is the native token of the SHIBA INU network and is the first ERC-20 token

Nebraska is contemplating a bill that will allow state banks to offer cryptocurrency services. The bill is pending review and was first introduced by Republican Mike Flood in January. With Bill 649, the Nebraska Financial Innovation Act will be brought to the forefront and the importance of creating digital asset depository institutions will be highlighted.

A Tennessee man allegedly used Bitcoin to pay a hitman he found on a murder-for-hire website to kill his wife. Nelson Repogle, a Tennessee native, has reportedly tried to arrange for the murder of his wife, paying off the hitman with Bitcoin. The case was uncovered by FBI Special Agent Clay Anderson, who first got