Even the behemoth of crypto exchanges — Binance — couldn’t resist listing Lorenzo Protocol’s BANK perpetual futures as the next asset. The immediate reaction? The result was a fairly predictable pump, soon followed by an equally predictable retrace. And everybody is wondering if this is the beginning of a new...
Nothing has had quite an impact as Binance’s decision to list BANK futures, those pegged to the Lorenzo Protocol. This relocation represents a significant step forward for the Lorenzo Protocol, which focuses on Bitcoin-backed DeFi. It raises serious questions too Consumers benefits and risks, sustainability of the project and impact...
Binance, a leading cryptocurrency exchange, announced it will list BANK perpetual futures contracts, causing a significant price increase for the low-cap altcoin. In announcing the partnership, Binance noted its continued support for BANK, which is the token of a decentralized finance (DeFi)-focused platform with an $18.85 million market cap. Beginning...
For the last several years, advocates have touted Bitcoin as being "digital gold." They envision it as a protection against inflation and a safe-haven asset when the economy is turning. A rising chorus of investors is challenging this comparison. They are turning back to physical gold as a more stable...
I told you so. I really told you so. For years, crypto evangelists have screamed from the rooftops that Bitcoin is “digital gold.” They view it as a refuge from economic shocks and a hedge against whatever there is to hedge against. Now look at them. Humbled. Silent. Bagholders.Where are...
Recreate that emotion you felt when you bought your first NFT. I do. It was a pixelated pug in aviators and I was sure that it was my path to an early retirement. That pug just looks back at me now from my digital wallet. Second, it’s a great lesson...
The NFT sky isn't falling, folks. Quite the opposite, in fact. The pixelated crypto-collectible CryptoPunks has finally met its match. Believe me, it’s a blessing to the digital ecosystem as a whole and opening up a thousand wildly weird creative new initiatives. Cut past the front-page headlines shouting about a...
Ethereum is coming into dramatic steerage as she forges past realizations to restart her battle to regain her crown atop the crypto area. The Ethereum Foundation has named two new co-executive directors, Tomasz Stańczak and Hsiao-Wei Wang. This decision is intended to deepen leadership at a critical time for the...
Ethereum, bless its heart, has been a bit–how shall we say this? I know, I know, Bitcoin is all the rage these days. With new blockchains popping up everywhere, it’s a complex ecosystem that is as confusing as a kitten in a ball of yarn. But don't count ETH out...
Ethereum, the second-largest cryptocurrency by market cap, is at a turning point. For years, it has struggled with scalability problems, resulting in costly gas fees and sluggish transaction speeds. Layer 2 solutions, especially optimistic roll-ups, have offered great hope and relief for the Ethereum community. Now, though, they’re moving more...
