Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country has seen in 30 years. Inflation Continues to Rise…
Burger King Giving Away Bitcoin, Ether, Dogecoin in Partnership With Robinhood
Burger King is giving away 20 bitcoin, 200 ether, and two million dogecoin this month in partnership with trading platform Robinhood. “Each entrant may receive up to 21 Prize Codes” that can be redeemed for cryptocurrencies on Robinhood. ‘Burger King With a Side of Crypto’ Fast food restaurant chain Burger King has announced “Burger King…
How to Recover a Lost Dogechain.info Wallet Password and Unblock 2FA – KeychainX Expert Explains
Have you lost the password for a Dogechain.info wallet or have it locked behind 2FA and fear you will never get to hold your precious coins ever again? Good news, KeychainX wrote a handy guide on how to recover such wallets. This is a trusted service provider that specializes in recovering lost Bitcoin wallets from…
An In-Depth Look at Olympus DAO Protocol and the Not-So-Stable Stablecoin OHM
In mid-October, Bitcoin.com News reported on how decentralized finance (defi) or algorithmic stablecoins have seen significant demand in 2021. One particular stablecoin called OHM is quite different from the traditional reserve currency defi protocols today, as OHM is a free-floating currency backed only by what’s held in the Olympus DAO treasury. OHM may not be…
Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change
As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesn’t Directly Improve Finance When it comes to financial products and solutions, almost everything comes with a catch, be it exceptional…
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe for the public to comment on the draft proposals suggests he wants…