Author Archive: Jeremy Parkinson

Dogecoin Clone Turns to Vitalik Buterin for Coin Burn

Dogecoin Clone Turns to Vitalik Buterin for Coin Burn

Key Takeaways Shiba Token, a Dogecoin clone, has deposited half of its supply into the wallet of Ethereum creator Vitalik Buterin. The move is an attempt to carry out a coin burn, keeping prices high by removing a portion of the supply from circulation. SHIB’s value has risen by more than 1,500% over the past […]
After $11M Hack, Rari Capital Team to Reimburse Lost Funds

After $11M Hack, Rari Capital Team to Reimburse Lost Funds

Key Takeaways The hack used a price manipulation attack to trick Rari Capital’s smart contract into misjudging the price of Alpha’s ibETH token. The team has been working with other Ethereum developers to fix the vulnerabilities and has been actively answering community questions. During a community call, Rari’s team announced they were foregoing their token […]
UBS Exploring Bitcoin Offerings for Wealthy Clients: Report

UBS Exploring Bitcoin Offerings for Wealthy Clients: Report

This news was brought to you by Phemex, our preferred Derivatives Partner. A Bloomberg report suggests that UBS may soon offer its wealthier clients exposure to digital assets.  UBS Exploring Crypto Offerings UBS, the Swiss banking giant with $3.5 trillion in assets under management, is planning to offer crypto products to rich clients, Bloomberg reported […]
Ethereum Sets New Record High Above $4,000

Ethereum Sets New Record High Above $4,000

Key Takeaways ETH has set a new all-time high price above $4,000. The second crypto has been rising at a rapid pace for weeks. It’s outperforming Bitcoin by some distance. Although a correction may be overdue, Ethereum still has a big few months ahead with EIP-1559 and Proof-of-Stake looming. Thanks to its latest run, Ethereum […]
DeFi Project Spotlight: Indexed Finance, Index-Based DeFi Investing

DeFi Project Spotlight: Indexed Finance, Index-Based DeFi Investing

Key Takeaways As retail interest in DeFi grows, solutions like indices offer easy passive portfolio management opportunities. The index space is highly competitive, with DeFi Pulse Index taking the large majority of the market capitalization. The project’s upcoming release will turn all underlying tokens in the indices into yield-generating assets. This news was brought to […]
American Cancer Society Accepts Dogecoin Donations

American Cancer Society Accepts Dogecoin Donations

Key Takeaways The American Cancer Society is now accepting Dogecoin donations alongside 15 previously supported coins. The ACS aims to raise $1 million through its crypto cancer fund. The decision to accept cryptocurrency seems to be the result of outreach from the Dogecoin community. The American Cancer Society (ACS) is now accepting Dogecoin donations, according […]
Goldman Sachs Launches Crypto Trading Desk: Report

Goldman Sachs Launches Crypto Trading Desk: Report

Key Takeaways A note obtained by CNBC reveals that Goldman Sachs has formed a cryptocurrency trading team. The trading team has already executed trades on two Bitcoin derivatives. Goldman has shared mixed views on cryptocurrencies in the past but made shown clear moves towards adoption this year. This news was brought to you by Phemex, […]
Terra Virtua, Hashmasks Create Joint NFT Collection

Terra Virtua, Hashmasks Create Joint NFT Collection

Key Takeaways Terra Virtua and Hashmasks have created a new NFT collection called the vFlect Hashmasks. Released in an edition of 73, the first drop sold out in minutes. Hashmasks owners will earn a portion of the sale proceeds when their NFT is used in the vFlect Hashmasks collection. Terra Virtua and Hashmasks link up […]
Amazon Web Service Offers Chia Crypto Mining to Chinese Clients

Amazon Web Service Offers Chia Crypto Mining to Chinese Clients

The current bull market is breathing life into a long-forgotten crypto project challenging Bitcoin mining’s environmental impact. Now, Amazon is joining Chia Network’s green mission. Amazon Backs Chia Mining Chia is a blockchain that uses a new type of consensus mechanism called Proof of Space and Time. To mine, or rather, farm its native cryptocurrency […]
Will Elon Musk’s SNL Appearance Boost Dogecoin?

Will Elon Musk’s SNL Appearance Boost Dogecoin?

Key Takeaways Elon Musk will host Saturday Night Live on May 8. Past tweets from Musk suggest he is planning to do a Dogecoin-themed spoof of the Godfather called the “Dogefather.” His controversial appearance could end Dogecoin’s rally, or it could help the coin rise further by encouraging adoption. This news was brought to you […]