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This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW gets macro with a discussion of a flattening of the yield curve and what increasingly seems like a failed yield curve control experiment in Australia. He looks at:What the “yield curve” isWhat a yield curve flattening or...
The Bram Cohen-founded firm, which aims to reduce public blockchains’ energy dependency, is developing a model that will enable countries to share information on carbon credits and other climate-related issues.Nov 5, 2021 at 6:43 p.m. UTCUpdated Nov 5, 2021 at 8:18 p.m. UTCChia Network founder Bram Cohen...
DeFi developers will undoubtedly learn from their mistakes and the industry will naturally become safer over time. However, the Aave vulnerability showed investors that no protocol is 100% safe. While it may stand against the ethos of DeFi, smart contract insurance and regulation could become key in onboarding...
On our “Money Reimagined” podcast this week, Sam Ewen, head of CoinDesk Studios, used that religious term to describe how NFT enthusiasts share introductions, ideas, concepts and NFTs themselves, all of which are helping to grow the space at a rapid clip. It’s not purely altruistic because there...
Today is the fifth day of the civil trial between Craig Wright, chief scientist of crypto research firm nChain, and the estate of Dave Kleiman, Wright’s collaborator and business partner in the early days of Bitcoin. For newcomers to crypto, the name Craig Wright might not mean much,...
Another provision included in the bill to amend Tax code section 6050I has also stoked fear in the crypto industry. The law, written nearly 40 years ago to apply to in-person cash transactions over $10,000, essentially requires recipients to verify the sender’s personal information and record their Social...
Bitcoin cash (BCH) saw a sharp but short-lived uptick in its value on Friday after the publication of a fraudulent press release claiming that U.S. supermarket giant Kroger would be accepting the cryptocurrency as payment this holiday season.The crypto rose over 4.6% from $602.63 at around 11:30 UTC...
Decentralized finance (DeFi) lender bZx suffered a hack of reportedly $55 million, according to a tweet on Friday by the blockchain security firm SlowMist.“#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.bZx responded in a...
Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month.If buyers fail to hold $60,000, lower support around the 50-day moving...