Americans Who Reinvested Stimulus Checks in Bitcoin See 442% Growth In Profit
By the end of October, a timely reinvestment of $3,200 in stimulus cheques into Bitcoin would yield a total profit of $4,514 (almost 141 percent). The US government issued three rounds of stimulus cheques to the typical American taxpayer in order to re-ignite the economy by raising consumers’ spending power. For some, it represented the […]
Cardano’s Project Catalyst funds dcSpark in order to improve the ecosystem
Cardano’s Project Catalyst is a fascinating concept: a $1 billion decentralized fund that will be voted on and distributed to individuals who submit suggestions to improve the Cardano ecosystem. On the 29th of October, an ecosystem builder reported that Catalyst had financed not one, but all of its bids. Project Catalyst members voted to allocate a […]
What happened to the $60 million raised by this DeFi project with a dog theme?
An investor allegedly lost $470,000 to a dog-inspired DeFi project. In an interview with CNBC, the investor admitted. AnubisDAO , the project in question, raised $60 million with its ANKH token sale. However, a deeper examination of the community reveals that the full $60 million in cash has vanished. The decentralized autonomous organization (DAO) was […]
Crypto investments for pension funds may be prohibited in South Africa
In terms of cryptocurrency acceptance, South Africa is among the top 20 nations in the world. In addition, for the first time, crypto trading in the country just surpassed $141 million. However, according to a local newspaper, new draft guidelines would prohibit South African pension funds from investing in Bitcoin and other cryptocurrencies. If the […]