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Margin Trading Exchange dYdX to Fully Decentralize in 2022

One of the most widely used exchanges in DeFi plans to fully decentralize by the end of 2022.

Crypto Market is Recovering! But the Real Pain is Still Hovering Around Altcoins

bear-market

The post Crypto Market is Recovering! But the Real Pain is Still Hovering Around Altcoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Bitcoin price surged above the $42,500 resistance level and hit $44,000 before correcting lower. At press time BTC Price is consolidating gains above $43,750. Similarly, most major altcoins extended gains and tested resistance. Despite the sudden rise above $43K, traders warn that Bitcoin and altcoins are still in for “Real Pain” if macro perspectives …

Oil higher post CPI & EIA report, gold steady

Oil extends rally on EIA drawdown Crude prices extended gains after oil inventories fell to the lowest levels since October 2018.  The EIA crude oil inventory posted a larger-than-expected headline decline of 4.55 million barrels versus an expected 1.6 million draw. Both gasoline and distillate inventories rose as consumption decreased.  Gasoline demand was weaker-than-expected and […]

Inflation hits 7% and is nearing peak, stocks whip around, dollar falls, bitcoin rises

US stocks initially rallied after the latest reading of consumer prices showed the biggest gains since 1982, but was nevertheless, in line with expectations.  Wall Street was worried that a much hotter inflation report could have not only cemented four Fed rate hikes this year, but potentially made the May FOMC meeting a possibility for […]

‘People Want to Work Smart, Not Hard’: Introducing ‘New Money’

‘people-want-to-work-smart,-not-hard’:-introducing-‘new-money’

How do you make money? Most of us still have traditional jobs where we work 9-5 each day. But a growing legion of social media stars, athletes and celebrities are showing that another world is possible. They’re showing you can create wealth with crypto and live independently with it. “New Money With Spencer and Solo”…

The post ‘People Want to Work Smart, Not Hard’: Introducing ‘New Money’ appeared first on Bitcoin News Miner.

TransUnion to Allow Crypto Lenders to Check Credit Reports: Report

transunion-to-allow-crypto-lenders-to-check-credit-reports:-report

Consumer credit reporting company TransUnion will enable consumers to give crypto lenders access to their personal credit data in a move that could greatly expand the possibilities of lending in the digital asset market. TransUnion is offering this facility through security firm Spring Labs' ky0x digital passport, the Wall Street Journal reported Wednesday. Cryptocurrency investors…

The post TransUnion to Allow Crypto Lenders to Check Credit Reports: Report appeared first on Bitcoin News Miner.

KlimaDAO’s Carbon Offsets Catches the Attention of Traditional Firms

KlimaDAO carbon credit

KlimaDAO, a cryptocurrency group focused on climate activism, is shaking up the carbon credit market by accumulating over 14 million on-chain carbon offsets. The decentralized autonomous organization now owns the majority of the 17 million BCTs and is spending $100 million on offsets. The project’s native KLIMA token is backed by at least 1 ton of Base Carbon Tonnes (BCT) credits by Toucan Protocol and the latest addition of the MCO2 tokens by Moss, which were first added to the treasury on Jan. 6. The value of the Klima token is determined by the valuation of the Klima treasury and is, therefore, dependent on the value of the BCT and the latest MCO2 token. In fact, the protocol’s rapid acquisition of carbon offsets has caught the attention of traditional carbon offset firms like Gold Standard, the Wall Street Journal reported. CEO Margaret Kim even criticized that the anonymous team behind the project poses transparency issues. “We are also concerned about the fact that the founders are anonymous, which runs contrary to the need for transparency in climate action generally and carbon markets more specifically,” said Margaret Kim. KlimaDao Responds to Its Carbon Credit Responding to a crypto media publication, the team clarified, “There are ways to provide assurances without being doxxed.” Being doxxed refers to revealing an anonymous individual’s true identity. They even argued that traditional firms like Gold Standard “may need more regulatory clarity into how a DAO works legally” to understand their potential for tremendous growth. In fact, anon founder Archimedes also addressed the issue of anonymity and trust on the Jan. 10 episode of the Planet of the Klimates: “Are we ever going to be at a point where we have to reveal who we are? At some point, maybe, Klima becomes so powerful that world governments demand to know who we are.” Klima DAO is a group of environmentalists, developers, and entrepreneurs that utilizes blockchain technology to accelerate the appreciation of carbon credits. The group launched the KLIMA token, a cryptocurrency whose value is linked to carbon credits on October 18.

The post KlimaDAO’s Carbon Offsets Catches the Attention of Traditional Firms appeared first on Cryptoknowmics-Crypto News and Media Platform.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of First Solar, Inc. (FSLR) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of First Solar, Inc. (“First Solar” or the “Company”) (NASDAQ: FSLR) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your First […]

The post Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of First Solar, Inc. (FSLR) on Behalf of Investors appeared first on Fintech News.

Crypto and fintech stocks surge after being in red for months.

Financial technology and crypto companies like Coinbase and Wise enjoyed a rebound this week, a much-needed relief for a group of stocks that Wall Street has shunned over the past few months. The S&P 500 snapped a five-day losing streak after a trading session in which Wall Street digested fresh comments on inflation and rate […]

Is It A Good Time To Buy Marathon Digital Stock?

Publicly-traded bitcoin miner Marathon Digital has seen its share price tumble along with bitcoin. So, does that make it a good buy?

Report: Lucrative Hiring Push Sees Microsoft, Apple Employees Defect To Meta

Reports indicate around 200 Microsoft and Apple employees recently defected to join Meta, with Apple offering lucrative bonus stock options to some who stay.

The 25 Best Oculus Quest Games And Best Meta Quest 2 Games – Fall 2021

It’s safe to say that Oculus Quest came out of the gates swinging. That makes picking a list of the best Oculus Quest games and best Meta Quest 2 games pretty tough. Facebook’s standalone VR headsets, which seem to have singlehandedly reignited the entire VR industry, launched with over 50 apps in 2019. In the…

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