Finance Redefined: Puff, puff, pump on 4/20! April 16-21st
A new generation of crypto investors get taken for a ride as Aave makes some puzzling moves. Loyal Finance Redefined readers:Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in order to build [REDACTED], leaving me to take over lettering the news. While I’m thrilled he’ll be keeping around the DeFi ecosystem, I’m also infuriated that there’ll be yet another gigabrain trading against me. Also: journalists quitting their jobs to do DeFi stuff. Talk about top signals. While DeFi tokens and ETH prices in particular....
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World’s first cryptocurrency empowered Cannabis Legalization movement catered for those who are looking to support our purpose all while being providing incentives through yields. Bongweedcoin boasts powerful but balanced tokenomics to ensure project longevity while simultaneously generating passive income towards investors, we like to proudly call this our “puff-puff-passive tokenomics”. Currently standing at 950,000$ Market-cap […]
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If you ever wondered why crypto projects rise and fall so quickly, you are not alone. In fact, barely 7 months after the 2017 bull run ended, over 800 projects have ceased to exist like a puff of smoke. To understand the reason why 90% of crypto startups are going to fail, there are a couple of factors that need to be considered, including shortage of funds, over-reliance on hype, and immature business model. Nevertheless, without projects paving the path towards innovations, there would be no DeFi, IDOs, or even NFTs. The entire cryptocurrency community would not even exist, simply....
FTX CEO Sam Bankman-Fried (“SBF”) has been attracting attention for the past two days with a thread of mysterious tweets in the form of single letters. A few hours ago, he made it complete: WHAT HAPPENED? [NOT LEGAL ADVICE. NOT FINANCIAL ADVICE. THIS IS ALL AS I REMEMBER IT, BUT MY MEMORY MIGHT BE FAULTY […]
Anyone who remembers the movie “Reefer Madness” understands that sometimes government warnings are exaggerated. According to the classic anti-marijuana movie a simple puff on a marijuana cigarette would turn an innocent person into a homicidal maniac. This movie was almost 80 years ago but we can see the same tactic being used today with respect to cryptocurrencies. Before Canada become one of the first countries to regulate Bitcoin, its Finance Department issued a memo back in May 2013 prepared for former finance minister Jim Flaherty, saying that the digital currency has raised flags....