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Yield Farming Can Be Risky: Ask This Guy Who Lost $5000 Overnight

They say crypto’s biggest appeal lies in how fast one can acquire ‘Lambos,’ fly ‘to the moon’ and get their ‘numbers to go up.’ The Lambo aspect is still relevant as folks are making insane money day in and day out. The other two, not so much.Although traders still bet on prices of Bitcoin, Ethereum (ETH), and other crypto assets, cryptocurrency trading or investing is not the set method for generating humongous wealth presently. DeFi’s yield farming has taken the centre stage in the quest to...

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AjuBit: World’s First Informative Crypto Trading Platform Launching With Lightning Execution

[Press Release – Please read the disclaimer below]Most crypto exchanges don’t have global market data, Social news, Signals. Clients have to go the different websites for data that should be in one place.Everything can be available in “AjuBit Advanced Informative Platform”. The World’s first platform who presents in House & Global market data in front of the client’s eye.Access to other exchanges’ Live pricesCryptocurrency prices, to a certain degree, vary from exchange to exchange. With...

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Paxful Shuts Down Operations in Venezuela, Cites OFAC Sanctions

Another day, another bad news for the people of Venezuela. Paxful has decided to stop supporting the country, giving users 30 days to withdraw their funds and preventing any new sign-ins.Throughout the day, users of the platform received an email, in which Paxful warned it had to “close its operations” in Venezuela after months of hard work:“Although we made our best efforts during several months, we are sad to announce that, in view of the concern for the regulatory scenario, Paxful will...

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First Official Ethereum 2.0 Proposal For Phase 0 Launch Just Submitted

That is until today when the lead developer has submitted the first official proposal for the Phase 0 stage of the migration to Ethereum 2.0.Phase 0 EIP SubmittedEthereum developer Danny Ryan has submitted the first Ethereum Improvement Proposal (EIP) 2982 to the Github repository. This marks the first official step to getting Phase 0, or Beacon Chain, nearer to launch.ITSHAPPENING.GIF@dannyryan has submitted an EIP for eth2 phase 0 ?https://t.co/eqvEDiT3FT pic.twitter.com/NHM3DJ8i4D— Anthony...

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DeFi Risks: CREAM Finance Crashes 70% in 3 Days As Devs Find Liquidity Pool Code Error

Popular DeFi protocol Cream Finance’s staking mechanism has stopped working because of an input error in its smart contract, which has increased the distribution speed ten-fold.At the same time, the Cream Finance (CREAM) token continues plummeting in value and is down by 50% in the past 24 hours alone.Cream Finance’s Tech ProblemThe DeFi protocol took it to Twitter to explain the technical difficulties it’s experiencing. The crCREAM Staking was stopped “for maintenance due to an input...

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Ternio reveals BlockCard: Purchase Bitcoin Directly From BlockCard’s Bank Account

ATLANTA, GA – September 16, 2020 – For Blockcard Account users who noticed recently that they can now activate their own Blockcard bank accounts, a new feature has just gone live: Buying Bitcoin (BTC) and Ternio (TERN) directly with USD.  BlockCard bank accounts now give customers a full on-ramp and off-ramp in or out of cryptocurrency and are the perfect complement to depositing or withdrawing to top cryptocurrency exchanges.The release of Blockcard’s FDIC insured checking accounts is the...

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Tron (TRX) Price Analysis: More Downsides Possible Towards $0.022

Tron price failed to stay above the key $0.0320 and $0.0300 support levels against the US Dollar.TRX price is now trading below the $0.0285 support and the 55 simple moving average (4-hours).There was a break below a declining channel with support near $0.0276 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower towards the $0.0225 support zone in the near term.TRON price failed to hold gains and declined steadily against the US Dollar and bitcoin. TRX price is...

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#971 Bitcoin primäre Rücklage MicroStrategy, Massive weltweite Bitcoin Akkumulation & Ethereum 2.0 Launch

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 971. Im heutigen Video geht’s um folgende Themen: Bitcoin wird primäre Rücklage für MicroStrategy, Massive weltweite Bitcoin-Akkumulation & Countdown zum Ethereum 2.0 Launch. 1.) MicroStrategy geht in die Vollen: Bitcoin wird primäre Rücklagehttps://www.btc-echo.de/schlagzeilen/microstrategy-geht-in-die-vollen-bitcoin-wird-primaere-ruecklage/ 2.) Wall Street Veteran prognostiziert massive weltweite...

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Bitcoin Price Analysis: BTC Eyeing Crucial Upside Break

Bitcoin price found support near the $9,800 area and recently corrected higher.The price is trading above the $10,500 level and the 55 SMA (H4).There is a major rising channel forming with support near $10,560 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must break the $10,960 and $11,120 resistance levels to continue higher in the near term.Bitcoin price is currently recovering higher above $10,500 against the US Dollar. BTC is likely to clear the $10,950...

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MicroStrategy Is Planning to Buy a Whole Lot More Bitcoin

There is evidence all over the place that institutional traders are beginning to have more of a hand in bitcoin and cryptocurrency trades. Grayscale reported more than $1 billion in bitcoin transactions during its second quarter, and another company called MicroStrategy announced that it would purchase more than $250 million in bitcoin to add to its financial reserves.MicroStrategy Is Looking To Garner More BTCThis marks one of the first times where a massive company stated that it would be...

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