Impermanent loss is one of the most recognized risks that investors have to contend with when providing liquidity to an automated market maker (AMM) in the decentralized finance (DeFi) sector. Although it is not an actual loss incurred from the liquidity provider’s (LP) position — rather an opportunity cost that occurs when compared with simply buying and holding the same…
The first time I encountered the concept of a web of trust I was perusing the “Gnu Privacy Handbook” as any good privacy advocate would do. At the time that document was written in the late 1990s, PGP in email was a niche topic shared among security experts and enthusiasts, and while it is still widely used today, we normally…
This week in coins. Illustration by Mitchell Preffer for Decrypt. Like last week, the news cycle was dominated by Russia’s invasion of Ukraine, and market leader Bitcoin suffered knock-on effects from the conflict. On Monday, Bitcoin traded for as low as $37,500, but a curious midweek rally drove the price up 20% before that wave crested, with prices tumbling to…
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and Sales Nosedive According to Google…
Cosmos was 10% lower on Saturday, as the red wave once again submerged crypto markets. Despite this, Anchor protocol was again able to extend gains, climbing by as much as 15% in the process. Cosmos (ATOM) Cosmos (ATOM) was able to hang on to the #20 spot in the crypto top 100 on Saturday, despite falling by double digits to…
About the author Miller Whitehouse-Levine is policy director at the DeFi Education Fund, a nonpartisan advocacy group working to educate policymakers about DeFi. In response to Russia’s ongoing invasion of Ukraine, the US has enacted a severe set of economic sanctions targeting the Russian government (including President Vladimir Putin himself), wealthy individuals, and Russian businesses closely associated with the Kremlin. …
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way…
The American fast-food restaurant chain Shake Shack is giving bitcoin rewards to customers leveraging Cash App’s debit card payment rail, Cash Card. According to Shake Shack, participants will get 15% of their purchase back in the form of bitcoin, and the crypto promotion will last until mid-March. Shake Shack Experiments With Bitcoin Trial to Lure Millennial and Gen Z Customers…
As of Saturday morning, Ukraine has received $57 million in cryptocurrency donations to aid its defense against Russia, according to blockchain tracker Elliptic. The New York Times and others have called that amount “a drop in the bucket in the context of the conflict,” but it is no small amount in any context, and it is $57 million Ukraine is happy to…
Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of BTC/USD fell below its $40,000…
