The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
Here’s why Terra (LUNA) recorded a 78% gain in February
There are indications that Terra could flip its ATH judging by its recent price performance.
KPMG Canada buys an NFT after investing in crypto
KPMG in Canada is bullish on digital assets and intends to use its experience investing in NFTs to help clients develop effective investment strategies.
Nation.io inaugurates launch with fundraising DAO for Ukraine
Nation.io helps people build custom DAOs without requiring any technical or crypto knowledge.
Bitcoin is now a top 15 currency as it surpasses Russian Ruble
Bitcoin’s valuation has surpassed that of the Russian Ruble and also institutions like JPMorgan, Meta and others.
Barron’s says Bitcoin has decoupled from the stock market due to Russian sanctions
American financial newspaper Barron's argues sanctions on Russia worked in favor of Bitcoin as it may have decoupled it from the traditional stock market.
MIT includes Ethereum’s Proof-of-Stake in 2022’s top 10 breakthrough technologies
The consensus algorithm set to be adopted by Ethereum is the 6th most important technological break this year, according to MIT.
Spike in addresses holding more than 1K Bitcoin attributed to WBTC custodian
A record spike in addresses holding more than 1000 Bitcoin on February 28th was attributed to a WBTC custodian creating new addresses rather than whale accumulation.
Osmosis introduces Superfluid Staking. How is this a game changer for the Cosmos ecosystem?
Decentralized exchanges (DEXes) and Proof-of-Stake (PoS) blockchains typically compete for the same resources, however, the new feature native to the Osmosis zone on Cosmos, enables users to simultaneously use their tokens for staking and liquidity providing (LP).
Ukraine post DOT address, hence Polkadot’s Gavin Wood donates $5.7M
Yesterday, after the official Ukrainian Twitter account posted BTC and ETH addresses for donations, Polkadot founder Gavin Wood tweeted he’ll donate $5 million if Ukraine posted a DOT address. In a remarkable turn, this is exactly what happened.
This new launchpad will bring verified projects on Kadena
Hypercent aims to leverage a blueprint for Pact devs building on the scalable Layer 1 PoW public network.
Uniswap enables direct donations to the Ukrainian government
Users can now swap tokens for ETH and send them directly to Ukraine.
“Bored Ape Yacht Club” NFTs selling on eBay for less than $50, what’s the catch?
Although priced significantly less than the real thing, these "off brand" apes still represent a huge mark up versus buying directly from OpenSea.
Russians are paying up to $20,000 above market rate to buy Bitcoin
Sanctions bite leading to the collapse of the ruble. Data suggests Russians are turning to Bitcoin to protect themselves from the fallout.
Say it again: NFTs are more than digital art
A lack of understanding from sceptics should not blunt our NFT enthusiasm. NFTs (or Non Fungible Tokens) have been on the tips of everyone’s tongues for the last few months. Brands from Givenchy to the NBA are getting in on the game.
Celsius’s Alex Mashinsky on “Feeding the Plankton”
With the masses preferring their routine dentary check-up and the potential of a tooth bow out rather than a trip to the bank, it might be time for a change. Alex Mashinsky, once dubious Bitcoiner, now facilitates a million individuals with more competitive yields on crypto-assets than any traditional bank sees today.