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Argentinians turn to Bitcoin mining to support livelihood amidst failing economy

In the heart of an economic crisis, ultra-low utility costs are enabling Argentinians to bank on mining Bitcoin (BTC) as foreign miners head for their piece of the electricity cake, local reports said. Not only locals are taking advantage of the situation as Bitfarms, a Canadian Bitcoin mining company, announced it is opening a new…

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PlanB confirms Bitcoin ‘S2FX’ model still on track for $288,000

Anonymous yet wildly popular crypto trader “PlanB,”who created the Bitcoin stock-to-flow model (S2F), provided an update on how the leading cryptocurrency is performing following the recent crypto crash. Last month closed -35%, but PlanB sought to reassure his followers by saying the journey isn’t going to be a straight line up. Nonetheless, despite the dip,…

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Crypto robo-advisor Makara launches mobile app with 20,000 on early access waitlist

Makara, a leading SEC-registered cryptocurrency robo-advisor, today announced the launch of its service and availability in the App Store, as per a release shared with CryptoSlate. The app was officially registered with the US Securities and Exchange Commission (SEC) earlier this year and has seen early demand for the service exceed more than 20,000 waitlist…

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Crypto exchange BitMEX grants $150,000 to Korean Bitcoin developer

Crypto exchange BitMEX announced a one-year grant extension for Bitcoin developer Calvin Kim yesterday, it shared in a blog post. “BitMEX is delighted to announce a one-year grant extension for kcalvinalvinn. We are providing US$100,000 of funding, to work on open-source Bitcoin development on a no strings attached basis,” the exchange’s Research division said in…

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Possible Yearn rival Convex Finance passes $1 billion in total value locked

Both Yearn and Convex rely heavily on Curve, but that doesn’t necessarily mean the two are in competition. While much of the market reels from a devastating pullback that has dragged DeFi’s closely-watched total value locked (TVL) figure down from all time highs, one protocol is shrugging off the macro weight and surging up the…

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Privacy blockchain Dusk establishes $5 million grant program

Folks looking to build solutions involving Dusk’s privacy-focused blockchain can apply for support, as the company has $5 million to dish out. The crypto space has grown significantly in recent years, with various projects harnessing different blockchains for their solutions. Dusk Network, a blockchain focused on privacy, now offers projects the opportunity to apply for…

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‘Sidequests,’ sponsorships and e-sports as DeFi protocols ponder user acquisition

DeFi projects are starting to get creative with their outreach and marketing strategies. One of the most intractable problems in decentralized finance (DeFi) may be facing a ecosystemwide effort as a growing number of protocols are beginning to get creative with their advertising and outreach efforts. Automated market maker Uniswap announced on Tuesday a collaboration…

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The Soccer Club That’s Offering Ownership Via NFT

Thought you’ve seen it all in NFTs? Think again. Sure, we’ve seen digital art collectibles, even some with tangible assets intertwined. Recently, we’ve even seen NFTs including things like patents and Nobel Prize-winning invention documentation. Today, Liga MX franchise Club Necaxa announced their intent to offer something especially unique via NFT – team ownership. Bidding…