Nasdaq to list Valkyrie’s Bitcoin Mining ETF
It is expected that the Valkyrie Bitcoin Miners ETF will invest at least 80% of its net assets in companies that receive at least 50% of their profits from bitcoin mining. With Bitcoin prices on the rise, a new Bitcoin mining-backed exchange-traded fund (ETF) is expected to go public on February 8. In accordance with […]
Hack Attack: $4.4M Reportedly Stolen From Blockchain Infrastructure Firm Meter
The hack attack on Meter resulted in the loss of about 1391 ETH ($4.3 million) and 2.74 BTC ($115,000), according to blockchain analytics firm PeckShield. Meter, a blockchain infrastructure company, said $4.4 million was taken during a hack on the network on Saturday morning about 9 a.m. ET. The company claims to provide an architecture […]
DeFi (Decentralized Finance) explained
DeFi (short for “decentralized finance”) refers to financial services provided by public blockchains, most notably Ethereum. You can earn interest, borrow, lend, purchase insurance, trade derivatives, exchange assets, and more with DeFi, but it’s faster and doesn’t involve paperwork or a third party. DeFi is global, peer-to-peer (directly between two people, not through a centralized […]