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🚀Fighting for your country ... or for bitcoins?
🚀Fighting for your country ... or for bitcoins?
It's Bitcoin Tuesday, Geckos! The Venezuelan Army has inaugurated a cryptocurrency mining center with Bitcoin (BTC) mining equipment. It aims to generate 'unblockable income' as the country attempts to bypass U.S sanctions. The mining center has the support of the country's crypto regulator, Sunacrip. Additionally, it is supported by more than 26 national legal norms, the country's new anti-blockade law, and the civic-military alliance. In today's news, Coinbase makes a new introduction, Ethereum Classic goes through an upgrade, and Andre Cronje just can't stop. Read on! | | |
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75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | | Coinbase Is A Fan of ETH 2.0 The Ethereum Beacon Chain will officially launch on December 1st after it successfully won the support of the Ethereum community. Coinbase plans to support the ETH2 movement by allowing its users to convert Ether (ETH) in their Coinbase accounts to ETH2 and earn staking rewards. While staked ETH2 tokens remain locked on the beacon chain, Coinbase enables trading between ETH2, ETH, and all other supported currencies. Coinbase | | Avengers Assemble: Thanos Is Here! Ethereum Classic (ETC) has undergone a hard fork through the ECIP-1099 protocol (Thanos) which involved the migration of over 90% of existing miners. (Editor's Note: The hard fork ... was inevitable.) The Thanos upgrade was automatically triggered at 3:45 UTC on 29 November 2020, after reaching a block height of 11,700,000. Terry Culver, CEO at ETCLabs, has said that the upgrade will 'ultimately increase network security and promote a more distributed and healthy mining ecosystem.' CoinDesk | | Yearning For Sushi Yearn.Finance (YFI) has announced that it will merge with DeFi protocol SushiSwap, combining both their total value locked (TVL) and development resources. Andre Cronje said that 'more and more overlap became apparent' between the protocols' work, and that merging would take their relationship 'to the next level'. The merger represents the 5th for Yearn.Finance, with the other four being Pickle Finance (PICKLE), Cream Finance (CREAM), Cover (COVER) and Akropolis (AKRO). (Editor's Note: Sushi, pickles and cream? That's a weird combination.) TheBlockCrypto |
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| | Soft capA soft cap refers to the targeted amount that an initial coin offering (ICO) looks to raise. If the ICO is unable to raise that amount, it may be cancelled and the collected funds returned to participants. See also: hard cap. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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