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Crypto News – Page 19 – The Urban Mine

Category: Crypto News

How Yearn minted $300 million – Cointelegraph Magazine

On February 2nd, at 6:00pm UTC Yearn Improvement Proposal 57 passed mandating that Yearn Finance, the decentralized and permissionless neo-hedge fund where I work, mint 6,666 new YFI tokens. YFI holders themselves passed this vote, with 83% voting in favor, and the highest engagement since Yearn’s now-mythical fair launch. The effects of this new twist

What are privacy coins and how do they differ from Bitcoin?

Cryptocurrencies are typically pseudonymous, but not necessarily private. Bitcoin (BTC) and other assets run on blockchains, with each transaction posted publicly online. During a transaction between two or more parties, assets move to different wallets, each represented by a string of characters.  With these addresses and transactions visible to all, however, a certain level of

Bitcoin plunges, Ethereum suffers, Musk loses billions

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Increasing stock market volatility drags Bitcoin and altcoin prices lower

Erik Voorhees – Cointelegraph Magazine

“We felt like we were doing God’s work,” explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin. The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the

What does the frog meme? – Cointelegraph Magazine

When BarnBridge founder Tyler Ward decided to change his profile pic a few weeks ago, he inadvertently created a Pepe the Frog NFT meme craze embraced by celebrities and the DeFi community that was on track to reap more than $60 million in sales on the OpenSea auction platform. Then the wheels fell off rather

Ripple Says SEC Lawsuit Has Cost XRP Investors $15,000,000,000 in Damages

Digital payments giant Ripple Labs asserts that the U.S. Securities and Exchange Commission’s (SEC) actions against the firm have cost investors billions of dollars in damages. In response to the SEC’s amended complaint, Ripple alleges that the lawsuit accusing the firm of selling unregistered securities in the form of XRP has drastically harmed those that

Little-Known Crypto Project Soars 10,000% in Just One Week Amid NFT Craze

An under-the-radar small-cap altcoin is turning heads after printing mind-boggling gains in a span of seven days amid skyrocketing interest in non-fungible tokens (NFTs). Non-Fungible Yearn (NFY) is a new breed of crypto asset that leverages the hallmark features of NFTs and decentralized finance (DeFi). NFY Finance aims to allow users to stake their crypto