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Andre Cronje Suggests Aave Has a Major Vulnerability
On 29.10.2021 bySome unsavory developments between DeFi communities have occurred in the past two days; however, it might be mostly noise. DeFi War? Not So Much Yearn founder Andre Cronje tweeted today that Aave (TVL of over $19 billion) users are vulnerable to many of the same risks that have recently troubled other protocols. He wrote: “Aave
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Modern Portfolio Theory and the Efficient Crypto Portfolio
On 29.10.2021 byWhile all investing carries some risk, that doesn’t mean all risk is created equal. Learn how to optimize your portfolio weighting for the best risk-adjusted returns using modern portfolio theory and the Sharpe ratio. Modern Portfolio Theory To calculate the most efficient crypto portfolio, we will utilize aspects of Modern Portfolio Theory (MPT). The theory
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$60M Stolen From AnubisDAO Crypto Fundraise
On 29.10.2021 byAnubisDAO has suffered from an attack in which an unknown entity stole $60 million from the project’s auction pool. Funds Drained From AnubisDAO In Suspected Rug pull AnubisDAO, a newly-launched dog-themed crypto project, suffered a massive attack today. Based on the on-chain data, someone drained $60 million worth of ETH from the project’s launch pools.
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Crypto Trading Platform Amber Group Partners With Climate Tech Company Moss Earth
On 29.10.2021 byAmber Group, a leading cryptocurrency trading company, has announced a partnership with climate tech company Moss Earth that tokenizes carbon credits and develops an environmental platform that utilizes those credits. Partnership details The main part of the deal is to purchase MCO2 tokens worth 250,000 carbon tons. The above-mentioned amount of tokens is sufficient for
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Patreon May Let Creators Offer Fans ‘Exclusive Memberships’ Through Social Tokens
On 29.10.2021 byPatreon lets creators earn income directly from supporters via subscriptions, potentially yielding stronger bonds with fans while enabling new types of business models. Now, the service says that it is considering adding the option for creators to offer their own personal crypto tokens—or social tokens—to help monetize their communities. At The Information’s 2021 Creator Economy
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Squid Game Token Jumps 40,000% But Holders Can’t Sell
On 29.10.2021 byA crypto token inspired by the hit Netflix series Squid Game has rallied more than 40,000% as several so-called “meme coins” balloon in value. However, the token mechanics look suspicious. Squid Game Inspires Token Squid Game has inspired a dubious meme coin. A Binance Smart Chain project called SquidGame has created the SQUID token, promising
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Apple Co-Founder Steve Wozniak Claims That Governments Will Ban Crypto If It Becomes Too Big
On 29.10.2021 byDuring an interview with Yahoo Finance, Apple co-founder Steve Wozniak opined that the government will never allow cryptocurrencies to be out of its control. Hence, he predicts that crypto will be banned if it reaches widespread mainstream adoption: Trouble is that the government will never allow it to be out of their control. If it
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Here's How You Can Buy a Piece of Ertha Land as NFT
On 29.10.2021 byErtha (derived from “Earth”) is an eccentric NFT-oriented project built around a metaverse that mirrors Earth’s surface. Its players can experiment with various strategies in economic, political, industrial and social progress. Ertha Land introduces NFT-centric game with 350,000 tokens According to the official statement by Ertha Land, a project that “splits” Earth’s surface into digital
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$181 Million Worth of Shiba Inu Tokens Mistakenly Appears in Coinbase Account of NASCAR Driver
On 29.10.2021 byNASCAR driver Keith McGee woke up to quite a surprise on Thursday: $181 million worth of Shiba Inu tokens on the balance of his Coinbase account. In a tweet, McGee claims that this money does not belong to him, and now he wants to return it. Hey @coinbase I woke up to having $181 million
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BTC, ETH and XRP Price Analysis for October 29
On 29.10.2021 byAfter a few days of growth, the market has entered a correction as most of the coins are in the red zone now. Top coins by CoinMarketCap BTC/USD Yesterday morning, bears failed to push through the support of $58,000, and the price of Bitcoin gradually recovered above the psychological mark of $60,000. BTC/USD chart by