Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.” Source: https://cointelegraph.com/news/new-hashprice-based-derivatives-instrument-gives-bitcoin-miners-another-way-to-hedge
Month: October 2022
European Parliament Committee passes MiCA crypto framework in landslide vote
Members of the committee passed the crypto framework policy in a vote of 28 in favor and 1 against, with a final vote expected with the full parliament soon. Source: https://cointelegraph.com/news/european-parliament-committee-passes-mica-crypto-framework-in-landslide-vote
Bitcoin eyes 'textbook' bottom as $16K whale cost basis comes into play
The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC. Source: https://cointelegraph.com/news/bitcoin-eyes-textbook-bottom-as-16k-whale-cost-basis-comes-into-play
Value Held by Blockchain Oracles Slides 61% in 7 Months, Chainlink Dominates by 45% – Defi Bitcoin News
While the crypto economy has shed significant value, losing more than $2 trillion since the highs recorded at the end of 2021, a great deal of value was erased from smart contract platform tokens and decentralized finance (defi) protocols. One sector of the defi ecosystem that’s recorded heavy losses this year is the blockchain oracles space, as a great number…
TrueFi issues first default notice on $3.4M BUSD loan
TrueFi does not expect Blockwater Technologies’ default to affect its stablecoin lending pools or capital market portfolios. Source: https://cointelegraph.com/news/truefi-issues-first-default-notice-on-3-4m-busd-loan
How to Buy Bitcoin – Bitcoin Magazine
Investing shouldn’t be a light-hearted decision, but it sounds more complicated than it is. In traditional finance, some brokers guide investors through the process, making it a more straightforward experience. With Bitcoin, there can be no intermediaries, and there should not be in the true spirit of the cryptocurrency. However, the Bitcoin offering is varied, and users can decide to…
Formula One files 'F1' trademarks covering crypto, NFTs and Metaverse
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles, and NFTs. Source: https://cointelegraph.com/news/formula-one-files-f1-trademarks-covering-crypto-nfts-and-metaverse
EU Commission to Study Real-Time Monitoring of DeFi Activity on Ethereum
The European Union has got its eye on DeFi. The EU’s European Commission, the executive arm of the EU which proposes and enforces legislation, has submitted a bid for a project to monitor the world of decentralized finance by looking at Ethereum data. According to a document put out by the Commission last week, the idea is “to develop, deploy…
Fiat Money Debased Having Children – Bitcoin Magazine
This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience. Everywhere around the world birth rates are plummeting. Many European and East Asian countries are projected to decrease in population and some, like Japan, are undergoing depopulation. Many people are not choosing to have children, and the ones…
Defi Llama founder moves to NFT lending to tackle liquidity constraints
The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections. Source: https://cointelegraph.com/news/defi-llama-founder-moves-to-nft-lending-to-tackle-liquidity-constraints