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🚀 To mint or not to mint, that is the question..
Fresh start to a fresh week Geckos! K-POP is about to bring their unstoppable world dominance to the crypto scene. RBW Japan will be working together with an exchange (Xeno) to issue NFTs and other digital products. Fans of RBW will be able acquire real ownership over digital products related to their lineup of entertainers such as Mamamoo, Oneus, and Vromance. In today's news, Goldman Sachs is joining the crypto train, YFI's controversial proposal is cooling down, and Optimism begins its first testphase. Read on! | | |
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| | CoinGecko's Monthly Virtual Meetup is back! Take a look back at 2020 with us as we explore all the exciting events such as Bitcoin hitting a new all-time high, the rapid growth of the DeFi sector, and more! Don't miss out on Session 1: 2020 Year-End Review as we discuss the key highlights from our freshly published 2020 Yearly Report. Digital assets including cryptocurrencies are quickly becoming a popular choice amongst large corporations, retail investors, and more. As we move into a new year, what will be the trends for the crypto space in 2021? Join us as we discuss the State of Crypto in 2021 in Session 2 with Alex Svanevik (Co-Founder & CEO of Nansen), Arthur Cheong (Founder of DeFiance Capital) and Larry Cermak (Director of Research at The Block). Sign up now! | | Goldman Sachs Eyes Digital Gold More and more banks are starting to follow JPMorgan's lead. After issuing a request for information (RFI), Goldman Sachs has made it clear that they are looking to explore digital asset custody. The banking powerhouse reportedly stated that this is part of a broad digital strategy after the regulators gave the greenlight on stablecoins. CoinDesk | | YFI's Dilemma Is Becoming A Solution Yearn.finance's (YFI) debacle has finally been resolved after a controversial proposal was published to reward their developers. In order to preserve YFI's sustainability, a community member proposed minting an additional 1000 YFI tokens which would be distributed to the developers. While initial opposition remained strong, the number of supporters in favour of the proposal are slowly growing to form a general consensus. Cointelegraph | | Optimism Is Entering Its First Testphase Optimism has launched its Optimistic Virtual Machine (OVM) and will be onboarding Synthetix (SNX) as their first trial subject. OVM is touted as the first scaling solution with "full cross-layer porting capabilities for smart contracts without rewriting them." The Layer 2 scaling solution is part of a larger effort to address rising costs of gas fees on the Ethereum (ETH) network. TheBlockCrypto |
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| | | | Buy wallBuy walls are a relatively new phenomenon in public order book exchanges with the rise of cryptocurrency trading. Buy walls are always manipulative in nature, designed to scare traders and skew price perception by placing anomalously large buy order(s) at a single price point. This will be reflected in the order book as a seeming "wall". Learn about other Crypto terms here | | | |
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