A bitcoin ETF offering monthly yields has been listed in Canada today.The Purpose Bitcoin Yield ETF is live on the Toronto Stock Exchange under the ticker symbol BTCY.B.Purpose Investments employs a derivatives-based covered call strategy to pay investors an expected eight to ten percent annual yield. Canadian investors can now receive a monthly bitcoin yield through a new exchange-traded fund…
Month: November 2021
Solana price eyes $300 as Grayscale launches SOL-backed trust
Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line. The digital asset class is growing, and we’re expanding our offerings along with it! Gain exposure to $SOL, the native token of the @Solana network, through new Grayscale #Solana Trust.…
Coinbase Acquires Israeli Cybersecurity Firm Unbound
In brief Unbound Securities uses a new type of security called multi-party computation technology. The companies did not disclose a price for the deal. Coinbase announced on Tuesday that it has acquired Unbound Security, a Tel Aviv firm that uses a new type of cryptography to store digital assets. The companies did not disclose a price for the acquisition, but…
The Arrow Has Already Been on the String – Sponsored Bitcoin News
sponsored On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as guests to an AMA hosted by the Hoo Exchange. Hoo is a Dubai based innovation driven crypto exchange and has their in-house developed public chain, HSC, built for the global cryptocurrency market. In this session, Greg Meredith and Atticbee shared the latest developments in…
Vladimir Putin says cryptocurrencies ‘bear high risks’
On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism regarding the state of the criticism sector at the “Russian Calling” investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph: “It is not backed by anything, [and] the volatility is colossal, so the risks are very high.…
MMO Game Farsite Takes Non-Fungible Tokens To Outer Space With ‘cNFTs’
Hot on the heels of their NFT-powered metaverse platform Mega World, blockchain game developer SUPERNOVAE is gearing up for the launch of its latest project, Farsite. But where Mega World focused on a virtual city, Farsite is reaching for the stars, making use of a novel new type of NFT that integrates elements of decentralized finance (DeFi). Farsite is a…
Bitcoin How Separate Wheat From Chaff
Since I started investing, a concept I learned in my scientific background has helped me realize that there is a great mix of noise and signal in the information available to the average investor. In all news portals, there is always a great mix between information that is relevant and information that is useless. The Bitcoin ecosystem is no different.…
Coinbase to acquire leading cryptographic security company, Unbound Security
Acquisition further underlines Coinbase’s commitment to providing the safest, most secure and most trusted venue for anyone to interact with the cryptoeconomyUnbound’s best-in-class multi-party-computation expertise will play a foundational role in Coinbase’s product and security roadmapWith the acquisition of Unbound Security, Coinbase will establish a tech center of excellence in Israel, one of the world’s most advanced technology hubs From its…
Jack Dorsey Resigning as CEO of Twitter Is Bullish for Crypto, Says Fundstrat – News Bitcoin News
Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing director and head of research explained why Dorsey’s departure from Twitter is bullish for crypto. Twitter Has New CEO: Jack Dorsey Steps Down Jack Dorsey…
3D metaverse marketplace MetaMundo aims for 2022 launch with new funding
MetaMundo, a virtual nonfungible token (NFT) marketplace focused on the metaverse, has announced the completion of a seed funding round of $2.7 million. Led by Animoca Brands, MetaMundo’s debut funding further included Hypersphere Ventures, Digital Currency Group, OP Crypto, Metacartel Ventures, and angel investments from the co-founders of AAVE and Rarible, among others. Built upon a layer-2 network Polygon, the…