Cash App will add support to Taproot, Bitcoin’s latest upgrade, by December 1.Over time, user’s may benefit from the upgrade’s enhanced privacy features, reduced transaction fees, and better smart contracts.Taproot went live on the Bitcoin network on November 14 at block 709,632. Cash App will add support to the Taproot Bitcoin upgrade by December 1, the company said in a…
In brief The Houston Rockets have announced a Bitcoin-centric sponsorship deal with NYDIG. NYDIG will pay the team in Bitcoin and also custody the Rockets’ cryptocurrency. The NBA’s Houston Rockets took another step into the cryptocurrency industry today, announcing a partnership with Bitcoin financial services firm NYDIG—and the alliance will see the team paid in Bitcoin (BTC). NYDIG will serve as…
On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer behind the Cosmos network, powers Persistence blockchain with its consensus engine. Liquid staking is the practice of users “double-dipping” with their crypto…
beginner Changelly goes on expanding its family of over 200 cryptocurrencies available on the platform. Users can now effortlessly exchange YFII tokens at floating rates. DFI.MONEY, also known as YFII, is a fork of yearn.finance (YFI), a popular decentralized finance (DeFi) aggregator platform. Launched in July 2020, it aims to optimize returns for DeFi investors while adhering to changes proposed…
beginner Changelly introduces another token available on the platform — the IDEX token. Users can now effortlessly exchange IDEX tokens at floating rates. Idex claims to be the first hybrid liquidity DEX that combines an order book model with an automated market maker. It blends the performance and features of a traditional order book model with the security and liquidity…
beginner After some thorough development, we are pleased to present you with our new update of the Changelly application for all iOS users. To be honest, our primary goal was to make sure that you enjoy the resilient service with transparent commissions. At the same time, we managed to add many features familiar to you from the web version. So,…
Dmitry Buterin is a self-made millionaire who fathered a billionaire who created a cryptocurrency that’s on its way to becoming a trillion-dollar asset. Suffice to say the possibility that Buterin would found three multi-million dollar businesses and retire in his 40s was beyond his wildest imaginings growing up in Grozny, Chechnya in the former Soviet Union during the 1970s. “Of…
DeFi trading platform Injective Protocol is kicking off its mainnet launch today with a bang. The platform followed the launch with the rollout of a $120 million incentives program. Built using Cosmos, Injective Protocol is attempting to become DeFi’s Swiss army knife of decentralized trading platforms by offering a suite of different financial instruments. According to marketing materials, tradable assets would…
The third Bitcoin Futures exchange-traded fund (ETF) in the U.S. has gone live on the CBOE under the ticker XBTF. VanEck’s Bitcoin Strategy ETF, which aims to track the value of Bitcoin futures, comes after the successful debut of ProShares Bitcoin Strategy ETF and Valkyrie’s ETF. VanEck’s Bitcoin-linked ETF does not hold actual Bitcoin, but rather invests in derivative products…
beginner The crypto market is extremely volatile, and cryptocurrencies that make it big can become shitcoins not a week later. However, some of those crypto coins and tokens manage to stay on top. Crypto investors are always on the lookout for surging cryptocurrencies, regardless of where those digital assets end up after their trip to the moon. Whether you want…
