On Friday morning, the value of Spectra Chain’s native token, SPCT, dropped sharply by 43%, as rumors surfaced suggesting that the project’s team might be involved in a “rug pull” – a type of scam where developers abandon their project and take away investors’ funds. Currently, the token is priced at $0.0094 during this composition, … Read more
At the notable TOKEN2049 conference, Telos shared exciting news: a pioneering partnership with Ponos Technology is underway to construct an Ethereum network (Layer 2) based on zkEVM and boosted by hardware acceleration. This initiative, spearheaded by Executive Director John Lilic, signifies a major achievement for Telos. At the #TOKEN2049 conference today, our Executive Director, @ChiefOfTelos, … Read more
Discover the process of generating passive income through lending out cryptocurrencies, such as Bitcoin, on decentralized finance (DeFi) systems. Table of Contents Generating passive income on Bitcoin What is defi lending? How does defi lending work? How to choose a defi lending platform How to sign up for a defi lending platform Risks of lending … Read more
Safe, a prominent provider of smart contract wallets, is improving its blockchain offerings by taking over Multis, a company specializing in wallet management software. Safe Acquires Multis On April 8th, the cryptocurrency wallet service provider Safe bought Multis, a crypto treasury administration platform, for an unspecified amount. The deal encompassed Multis’ technology and top executives … Read more
BitMEX, a pioneer in crypto derivatives and perpetual swaps, has raised the stakes even higher. They’ve increased the leverage available on their main Bitcoin perpetual swap, XBTUSD, to an astonishing 250 times. This decision follows closely on the heels of heightened interest from traders eager to capitalize on the upcoming Bitcoin Halving event. Stephan Lutz, … Read more