Mark Cuban Reveals What’s in His Ethereum Wallet – Decrypt
Mark Cuban owns the Dallas Mavericks, appears regularly on the investment show Shark Tank, and has a net worth above $4 billion.
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Tranching Helped Fuel 2008 Financial Crisis. Now It’s Coming to DeFi – Decrypt
In brief
ConsenSys Codefi released its Q4 2020 DeFi report.
In it, the authors point to tranche lending as an innovation coming to crypto.
Tranches were used in mortgage-backed securities in the lead-up to the 2008 financial crisis.
Reddit Taps Ethereum Foundation to Scale Crypto Rewards – Decrypt
In brief
Reddit has partnered with the Ethereum Foundation on blockchain scaling solutions.
Developed technologies will be open-source and available for all to use.
Reddit’s Community Points system awards crypto for “quality” posts and comments.
Coinbase Dev: Crypto Wallet Users Should Update Their iPhones – Decrypt
In brief
The tech giant has released updates to its mobile operating systems to address latest security flaws.
The discovered flaws could potentially threaten the security of mobile crypto wallets.
Users are being advised to update their devices.
How to Invest In CryptoCurrencies: Staking and Lending – Decrypt
In brief
Staking is where users agree to pledge money to a network in order to help it validate transactions.
Lending is where users agree to loan their cryptocurrencies in return for interest payments.
Both concepts allow users to earn tokens but the risks and rewards are different.
DeFi Continues Explosive Growth as Markets Remain Flat – Decrypt
In brief
Bitcoin, Ethereum and other projects are all down in the last 24 hours.
DeFi projects however continue their strong growth.
Stock Markets are in the red amidst rumours the Fed will reduce its quantitative easing.
The Sandbox Crypto Game Plots First Public LAND Sale – Decrypt
In brief
Blockchain-based game The Sandbox will launch a public LAND sale in February.
Individual plots of in-game terrain will be sold, while larger Estates will be auctioned off.
CoinMarketCap-inspired “heroes” will also be included with the LAND parcels.
Ethereum NFTs Are Getting Merged With Augmented Reality – Decrypt
Crypto gaming firm Enjin has partnered with augmented reality platform MetaverseMe to create non-fungible tokens (NFTs) in the form of “hyper-realistic avatars.”
Starting from February 23, users of the MetaverseMe app will be able to take real-world selfies and generate digital avatars.
Mike Novogratz’s Galaxy Digital to Launch Ethereum Funds – Decrypt
In brief
Galaxy Digital, the crypto investment firm masterminded by Mike Novogratz, is launching new funds centered around Ethereum.
The Galaxy Ethereum Fund, along with two other funds geared toward institutions, will provide exposure to Ether (ETH), the Ethereum network’s native cryptocurrency.
Why traders say Ethereum may see a ‘rinse’ pullback after breaking its two-year high
Several traders believe that the price of Ether (ETH) could pull back after it achieved a new all-time high on Jan. 25, gaining nearly 100% in January. Ether has outperformed Bitcoin (BTC) so far this year, buoyed by the growing number of users on Ethereum.
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