TEZOS STAKING ON COINBASE PRO Coinbase Pro has announced Tezos staking for all holders on Coinbase, meaning all eligible customers in the US can receive staking credits. Why? -> Coinbase is focused on offering customers a simple way to grow wealth in the space How? -> Offering staking rewards on Coinbase for all customers (including USA) What? -> ROI currently approximately 5%, this will accrue in real time on the app. After the first 35-40 days...Continue Reading
ETH 2.0 STAKING STRUCTURE ROI ETH 2.0, due out in 2020, brings with it the proof-of-stake switch for the second largest blockchain – Ethereum (ETH). Preliminary numbers show that: 32 ETH will be required to be staked (approximately $5,800 USD) ETH 2.0 will maintain inflation rates below 1 percent and dynamically adjust rewards scale for validators. ROI before costs between 4.6-10.3% ROI after costs of around 5.83% (based on Collin Myers numbers) ETH founder Vitalik Buterin, is still...Continue Reading
BINANCE LAUNCHES RUBLE TRADING Just over a week ago, massive crypto exchange, Binance announced via Twitter that they would be offering trading of the Russian Ruble and cryptocurrency pairings on its platforms whilst attending a Government led event “Open Innovations Forum” in Moscow. Honestly, I find this pretty surprising news given the cryptocurrency industry in Russia is not yet officially regulated. The country has continually delayed its crypto bill on digital and financial assets with the most recent...Continue Reading
BLOCKFI CHASING INSTITUTIONAL INVESTORS BlockFi is a cryptocurrency lending start-up that raised $18.3 million USD in series A funding back in August of this year. Among the funding parties, contributions were made by Winklevoss capital, Galaxy Digital and Morgan Creek. BTCMANAGER reported this week, BlockFi is intending to launch Institutional Services, a new platform specifically designed for that space, targeting “…family offices, market-makers, funds, and bitcoin trading venues”. The new platform will offer enterprise-grade solutions to service blockchain...Continue Reading
VITALIK STRIVING FOR MOST SECURE CHAIN This week, Vitalik Buterin,Ethereum co-founder, made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the Ethereum proof of work (PoW) model to a PoS model has been a long time coming and is also a massive talking point in the industry in...Continue Reading
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