My Journey with Mimas Tokens, #1 Lesson From Navigating the Volatility of DeFi

My Journey with Mimas Tokens, #1 Lesson From Navigating the Volatility of DeFi

*Disclaimer: The following article recounts a personal experience in the crypto space and is intended for informational purposes only. Cryptocurrency investments come with risks, and readers are encouraged to conduct their own research and seek professional advice.* — Introduction They say that the crypto space can be a wild ride, and my journey with Mimas … Read more

Urgent News Update Mimas Finance & Tranquil Shutting down DeFi services by October 31, 2023

Mimas Finance Shutting down 31 October 2023

Mimas Finance & Tranquil Shutting down DeFi services by October 31, 2023 In a shocking turn of events, Mimas Finance and Tranquil Finance have announced the closure of their DeFi services, sending shockwaves throughout the cryptocurrency community. The announcement, made on their official channels, comes as a result of careful consideration and a desire to … Read more

Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin, and more

Paxos’ 0K Bitcoin fee, FTX tokens sales set to begin, and more

Blockchain infrastructure firm Paxos has confirmed that it made a mistake in paying over $500,000 in Bitcoin transaction fees, and the Bitcoin miner who received the funds has returned them. A bankruptcy court has approved the sale of FTX digital assets, excluding Bitcoin and Ether, which can be sold separately. Digital Currency Group has proposed … Read more

What Can Ethereum’s New Testnet Offer? A Closer Look

What Can Ethereum’s New Testnet Offer? A Closer Look

Ethereum Unveils Shiny New Testnet, What Does It Do Ethereum developers have launched a new testnet called Holesky, which is expected to replace the Goerli Testnet. The Holesky testnet will be used for testing complex upgrades and infrastructure until 2028. It is said to have better testing capabilities than the Goerli testnet. Validators on the … Read more

Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

Polkadot Community Platform PolkaWorld Ceases Operations Following Unsuccessful Funding Attempt

Polkadot community PolkaWorld halts operations after failed funding bid The Polkadot community, PolkaWorld, has suspended operations after its proposal to receive funding from Polkadot’s treasury was rejected. PolkaWorld raised concerns about the treasury management under the new open governance system called “OpenGov,” claiming it is affecting long-term contributors to the Polkadot ecosystem. The organization believes … Read more

DJ 3LAU’s Decision to Skip Friend.tech Raises Concerns over Regulatory Risks

DJ 3LAU’s Decision to Skip Friend.tech Raises Concerns over Regulatory Risks

DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks DJ and crypto investor 3LAU has withdrawn from decentralized social media platform Friend.tech due to concerns over regulatory risks. He specifically pointed out the automated market maker (AMM) feature of the platform as a potential regulatory grey area. 3LAU stated that he … Read more

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

Sam Bankman-Fried Blames Everyone but Himself for FTX’s Collapse

The content highlights that Bankman-Fried, the founder of crypto exchange FTX, refuses to acknowledge or take responsibility for the $8 billion loss and the impact on people’s life savings. He seems oblivious to the possibility of facing jail time for his actions. Interestingly, his main remorse appears to be focused on his tarnished public image, … Read more

Lessons Cryptocurrency can Take from AI on Achieving Influence in Washington

Lessons Cryptocurrency can Take from AI on Achieving Influence in Washington

What Crypto Can Learn From AI About Getting Its Way in Washington Traditional media sources, which were once relied upon heavily in the late 1990s and early 2000s, have weakened. As a result, more Americans now receive their news from social media platforms that prioritize engaging content over educating. This leaves the public vulnerable to … Read more

New Reports Reveal the Amount of Capital Withdrawn from Crypto in August

New Reports Reveal the Amount of Capital Withdrawn from Crypto in August

New Reports Shows How Much Capital Was Pulled Out Of Crypto In August According to a report by Bitfinex, the crypto market experienced a capital outflow of around $55 billion in August. This is the largest capital drain this year, with most of it coming from two isolated events, including a flash crash that caused … Read more