Justin Drake proposes ‘Beam Chain’ to replace Ethereum Beacon Chain

I recently caught wind of an interesting Cointelegraph article explaining how investors could earn 41% APY on their Bitcoin without converting it to renBTC or WBTC.In the article, the writer laid out a detailed case for generating yield on Bitcoin (BTC) holdings by investing in options markets instead of decentralized finance (DeFi) apps.While we are…

The ecosystem is gaining momentum as demand for nonfungible tokens and blockchain-based social communities continue to grow. 429 Total views 5 Total shares Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be…

OpenSea also announced expanded support with Polygon, and noted that “Buyers no longer have to pay blockchain fees when making trades on OpenSea.” 599 Total views 4 Total shares OpenSea has become the latest crypto unicorn after it announced a $100 million Series B funding round led by venture capital firm Andreessen Horowitz at a…

An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars. 813 Total views 14 Total shares Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking…

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Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals. 889 Total views 30 Total shares Members of the crypto community on Twitter have been left bewildered by the beleaguered Celsius Network continuing to pay weekly rewards despite pausing withdrawals two weeks ago.As previously reported, crypto lending…

In the time of DeFi boom, how will Beam’s confidential DeFi stand different from others? Beam CEO Alexander Zaidelson spoke to Cointelegraph. 1313 Total views 41 Total shares On June 29th, major privacy cryptocurrency Beam underwent a hard fork to enable "Confidential DeFi" on Beam. In the time of the DeFi boom, how will Beam's…

South Korean tax experts have advised the Korean government to apply a low-level trading tax on cryptocurrency profits before subjecting citizens to a transfer income tax, according to a Business Korea report. The Korean government is expected to announce its tax reform plan in late 2020. The low-level trading tax was recommended because there is a…