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One by one, from all over the world, the builders log on to the live, HackFS webcast.
“Hi from Korea,” says Apple Kim, whose words appear in the virtual conference’s chat sidebar.
“Hei fra Oslo,” says Thor Kamphefner.
“Hello from Portland, Me,” says Matthew Johnson.
Bitcoin and Tesla, the electric car maker, are America’s most viewed assets on charting platform TradingView, according to data published today.
Tesla (stock ticker: TSLA) enjoyed a meteoric rise this year as the future outlook for electric vehicles grew on Wall Street and among retail participants.
In brief
Four of the top five South Korean banks are set to introduce crypto custody services.
The move comes ahead of the government’s legislation for digital currencies.
Demand for alternative assets like Bitcoin has surged, said banks.
Ethereum (ETH) crossed $400 today jumping more than 10% in 24 hours, briefly hitting $429. The last time Ethereum was above $400 was a week ago, on August 6, when it reached a high of $403.49.
ETH surged Thursday
During the same 24-hour period, BTC was up 1.60% and LINK was up 7.32%.
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What sounded like a fever dream has become a Twitter reality: the Winklevoss twins, Cameron and Tyler, really did show up at the house of outspoken Barstool Sports president Dave Portnoy to teach him about Bitcoin, blockchain, and cryptocurrency.
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Yam Finance TVL went from $0 to as high as $500M, before falling to $280. YAM token jumped over $150 and is now trading at just below $1. The team discovered a bug in the code, which the community organized to fix, but ultimately made governance impossible.
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Earlier this week, American software company MicroStrategy announced it was investing $250 million in Bitcoin to protect against inflation fears and a grim economic outlook. It was a major endorsement in the cryptocurrency space.
But it wasn’t always destined to be this way.
Evan Shapiro, CEO of O(1) Labs thinks that Bitcoin is a stolen revolution—in his view, miners in China control 90% of the bitcoin hash rate. From a geographical, let alone a Web3 perspective, that’s not exactly decentralized.
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Yam Finance, a decentralized finance (DeFi) governance experiment that locked up $400 million in capital this week, uncovered flaws in its underlying protocol earlier today. Its developers asked users to “exit” certain pools immediately.
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Forget rent, utility, food, and personal expenses; a US-supplied $1,200 stimulus check would have covered just one Ethereum transaction as of today, new data shows.
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