One of the boxing greats, Mike Tyson, sure knows how to keep up with the latest trends. Since retirement, the former boxer has become a podcast host, started a marihuana business in Nevada and appeared in numerous TV shows and movies. In 2015 he was already a part of a crypto venture. Now, he is asking his fans which of the big two cryptocurrencies they prefer.
The cryptocurrency markets have again ended another week in the red resulting in another $100 million decrease of the total cryptocurrency market capitalization – the market cap dropped from $1.4 trillion to $1.3 trillion throughout Week 28. Very rare were the coins to end the week with a gain. Nevertheless, some coins and tokens are more likely to recover than the others. You can find three crypto assets that have the potential to appreciate in the following few weeks in the following article.
If you are new in the crypto area, you’re probably wondering what’s the deal with crypto staking and why people prefer it instead of mining. Well, the answer is pretty simple. Mining requires a lot of computational power and the equipment is rather expensive.
The U.S. Federal Reserve (Fed) chairman appeared before Congress and shared his opinion before the representatives that the regulation on stablecoins should resemble that of bank deposits and other similar traditional monetary instruments. The most recent statement echoes the sentiment of the current US administration, which is also lobbying for additional regulatory measures for stable digital currencies.
![YDragon Seeks to Solve Existing Decentralized Finance [DeFi] Problems](https://staging-blog.coincheckup.com/wp-content/uploads/YDragon-cover-768x414.png)
A nascent trend in the trillion-dollar crypto market, decentralized finance, DeFi as it is fondly called has become one of the most talked-about concepts in the space. Worth billions of dollars according to CoinGecko, decentralized finance seeks to eliminate the need for intermediaries in the course of transactions, expediting the transfer process.
According to a 2018 Forbes article, over 1.7 billion people are unbanked. As further revealed by the aforementioned source, over 80% of that number live in developing countries, yet a larger percentage own a smartphone. Pretty ironic!
Ethereum is among the quickest developing blockchain platforms in the world. Thanks to a very engaged community and a talented team of experts, the network has been receiving a steady dose of new upgrades since its inception in July 2015. The latest in the line is the London mainnet upgrade, which is scheduled to go live on August 4th.
Key takeaways: Binance’s decentralized finance (DeFi) ecosystem had a short-lived success, as regulatory obstacles and Ethereum play a pivotal role in shrinking its market share. According to Messari’s Q2 DeFi report, Binance Smart Chain suffered from too many speculative investors and tokens that “have little use outside incentivizing user speculation.” Despite decentralized exchanges (DEXs) volume…
Credmark, a DeFi risk modelling platform, is launching its first consumer facing product, SmartPool, on July 19th as a limited release. The new tool is powered by a model that will allow the user to select their risk preference when deploying capital to Uniswap. The initial product is being released as a Beta via Discord which will allow the early adopter community to participate in a bug bounty and validate the extensive, internal testing the team has conducted.