Tag: Business

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Toronto Options Exchange Picks BNC to Power Crypto Markets

New Zealand-based crypto data firm Brave New Coin has partnered with a new Canadian options exchange to develop indexes for its forthcoming crypto markets. Digital asset data firm Brave New Coin (BNC) has inked a multi-year deal with the Toronto Futures Options Swaps Exchange (tFOSE) to power its crypto options trading. BNC’s data will enable…
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ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth

DeFi’s growth has been propelled by the increasing popularity of yield farming and Bitcoin tokenization protocols, according to ConsenSys. The growing tokenization of Bitcoin and the emergence of yield farming has propelled the growth of the decentralized finance sector over the past three months according to ConsenSys. The second quarter report into Ethereum-based DeFi emphasizes…
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One Millionaire Really Is Giving Away Bitcoin — But Is That a Good Thing?

Bill Pulte has been giving away thousands in cash, crypto, and cars for months now, but he could be inadvertently helping scammers. Millionaire philanthropist Bill Pulte has given away close to $150,000 this year in an attempt to promote the mass adoption of cryptocurrency. However, some critics are concerned that he may inadvertently be providing…
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Rich Dad Poor Dad Author: ‘Gold Guys are Being Phased Out’

Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. Robert Kiyosaki, author of “Rich Dad Poor Dad,” says that investments in real estate and gold may not be the future of finance as cryptocurrency comes into focus. In a July 8 interview with Bitcoin…
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Focus on USDT and DeFi as 5-Year Anniversary of Ethereum Approaches

Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30. In a statement…
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Compound ‘5x Overvalued’ as COMP Farming Accounts for 88% of Its Assets

Researchers claim that the Compound token is at least five-fold overvalued as over 88% of its $1 billion book is lent to liquidity miners. Unlike most other cryptocurrencies, governance tokens for decentralized finance, or DeFi, lend themselves to classical fundamental analysis techniques. Since they are in many ways similar to traditional equity, they can benefit…
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Crypto Exchange Coincheck Supports Trading for BAT Tokens

Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21. Japan-based cryptocurrency exchange Coincheck will soon offer support for BAT token holders. According to a July 13 announcement from the Monex Group — the owner of Coincheck since its acquisition in 2018 — the virtual…
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STO: What’s Happened With the So-Called ‘Next Big Thing in Fintech?’

In early 2018, dozens of experts called the STO the next big thing in fintech. However, in 2020, there still was no big break for STOs. What are the reasons? The ICO boom of 2017 failed thousands of investors worldwide, but it has also demonstrated how technology can improve the way companies raise capital. The…
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Brazil’s Top Exchange Mercado Bitcoin Lists Sport Token Chiliz

Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil. Chiliz (CHZ), a major sports-focused digital currency, is getting its first listing on a Brazilian cryptocurrency exchange. Mercado Bitcoin, the largest crypto trading platform in Brazil, will soon roll out Chiliz trading against the…
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Telefónica, Deutsche Telekom and Vodafone Use Blockchain for Roaming Settlement

Spain’s Telefónica, Deutsche Telekom and U.K. provider Vodafone have finalized a trial blockchain solution for the settlement of roaming discount agreements. Three global industry leaders in telecommunications — Spain’s Telefónica, Deutsche Telekom, and British provider Vodafone — have jointly finalized a trial blockchain solution for the settlement of roaming discount agreements.  Developed by blockchain startup…
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