Category: Ethereum

Graphics card giant Nvidia is quietly reintroducing a hash rate limiter on its RTX 3060 series graphics cards in an effort to disincentivize cryptocurrency miners. On April 29 the company issued the GeForce 466.27 driver that reintroduces RTX 3060 cryptomining limiter. GeForce 466.27 driver release notes, Source: Nvidia According to sources reported by computer news

In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella.  First floated after “weeks of negotiation” in early April, members of the Inverse Finance DAO began voting yesterday on a proposal to acquire Tonic

Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts.  Data from Cointelegraph Markets and TradingView shows that since reaching a high above $56,400 on April 28, the price of Bitcoin has dropped more than 6% back down near the

On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system.  The $81 billion retailer is the second largest company in South America and is present in 18 countries, including

Her Majesty’s Revenue and Customs, the tax authority of the United Kingdom, will ramp up its efforts to snare cryptocurrency tax evaders in an attempt to uncover what it regards as hidden wealth, says U.K. accountancy group UHY Hacker Young. According to the group, the “statement of assets” form that is used in tax evasion

Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ago. Data from monitoring resource Bybt shows that at -8.3%, April 2021 is Bitcoin’s worst April on record and

New York-based exchange-traded product sponsor and asset manager WisdomTree is expanding its digital assets range with the launch of a new Ether (ETH) exchange-traded product on two European stock exchanges. Borse Xetra and Swiss stock exchange SIX have both listed WisdomTree’s ETP, which provides investors with exposure to the native currency of the Ethereum blockchain

Macro guru Raoul Pal says a new milestone for Ethereum demonstrates the platform’s ability to command the crypto and financial sectors. The Real Vision founder highlights news that the European Investment Bank (EIB) is launching €100 million in digital bonds on the Ethereum blockchain. The EIB, the lending arm of the European Union, is tapping

Happy Wednesday fellow DeFi degens!  I was expecting to spend a large portion of this edition of Finance Redefined analyzing Aave’s liquidity mining program. There was some anxiety from investors that the emission of 2,200 $AAVE per day (which would translate to roughly 5% of the ecosystem reserve fund of 2.8 million AAVE per year)

Ethereum (ETH) is approaching the top-30 most valuable assets in the world following its latest price breakthrough, offering further evidence that the developer network is in the midst of a powerful bull market.  The ETH price peaked at $2,741.78 on Wednesday, marking a new all-time high, according to TradingView data. With a current value of