May 13, 2021

Fear Is The Mindkiller

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) “I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face...
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US Investment Bank Cowen to Offer Crypto Custody Services

American multinational investment bank Cowen Inc. will join some Wall Street organizations after announcing plans to hold digital assets for hedge funds and asset managers. The firm partnered up with Standard Custody & Trust Co. to provide ”institutional-grade” custody services for cryptocurrencies. The Demand Is Here The recent rally of most crypto assets has caught...
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Diem Relocates From Switzerland to the US to Launch an USD-Backed Stablecoin

The Diem Association announced a strategic partnership with the crypto-friendly US bank – Silvergate Bank. Consequently, both parties plan to launch a stablecoin pegged to the American dollar. Additionally, the Association will relocate from Switzerland to the United States. A New Home for Diem The blockchain-based payment system Diem, launched by the social media behemoth...
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Huobi Group Launches $100 Million Fund For DeFi And NFT Development 

Huobi Group, the holding company of the leading cryptocurrency exchange, Huobi Global, has recently launched a new subsidiary geared towards decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and mergers and acquisitions. Huobi Devotes $100M to DeFi In a Thursday press release shared with CryptoPotato, the company noted that it has already deployed $100 million to...
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Cardano DeFi Project deFIRE Secures $5M in Funding Round

deFIRE is a decentralized smart order routing engine being built for the Cardano ecosystem incubated and supported by Occam and powered by the industry leader in cross-chain liquidity provision, Changelly.  It offers execution services across decentralized exchanges (DEX) such as token swaps, order routing services across DEXs, and providing intermediary services between order flow originators...
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Shiba Price & DOGE Price Settles, Is 2021 The Year Of Dog Memes?

Dogecoin is among the most popular cryptocurrency which produced many millionaires in 2020. The splendid rally raised many eye-brows and eventually it raised above all odds from being the primitive meme to an investment tool.  Yet in recent times, it appears that dogecoin is not only the one ‘Dog Meme’ token, yet many have landed...
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Digitex Announces Launch of Blockfarm Yield Farming: First Program Offers $50K ETH

[PRESS RELEASE – Please Read Disclaimer 13/05/2021, St. Vincent – Digitex Ltd, a commission-free crypto futures and spot exchange, has announced the launch of its new yield farming platform, Blockfarm, built within the Digitex exchange. Through Blockfarm, users can earn an attractive passive income on their crypto holdings in a short space of time by...
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MicroStrategy Buys Another $15M Worth of Bitcoin at $55K

Despite the volatile market conditions, Michael Saylor’s business intelligence giant has doubled down on its BTC-related strategy. The firm bought another chunk of 271 bitcoins, and its total stash is now nearly 92,000 coins. The NASDAQ-listed company announced the latest purchase of 271 bitcoins on May 13th. The firm said it had bought the amount...
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CEO of Pointpay Sells Two NFT Tokens With Elon Musk Memes for $1m

2021 is the year of records on the crypto market: the new all-time-high bitcoin,  with the rate reached a record $ 64,000, also led to the bull run on the altcoins market, so the world’s second-largest cryptocurrency in terms of capitalization, Ethereum, increased in price from the beginning of the year by more than 1400%...
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Orbs Integrates with Chainlink to Create Flash Loan-Proof Farming Protocol

[PRESS RELEASE – Tel Aviv, Israel, 13th May 2021] Orbs, the project at the nexus of enterprise and DeFi, is integrating with tamper-proof Chainlink Price Feeds oracles to secure its unique single-sided exposure yield generation protocol, the Liquidity Nexus. Liquidity Nexus is the DeFi protocol that lets different counterparties split the potential rewards, as well...
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Canceling a Tesla Order and More: Crypto Community Responds to Elon Musk’s Announcement

The shocking announcement made by Tesla and its CEO Elon Musk took the cryptocurrency space by storm. The company’s decision to remove BTC as a payment option for its vehicles and services brought prices down and attracted the world’s attention. Somewhat expectedly, the ever-vocal crypto community was quick to respond, from people canceling their Tesla...
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