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Even with less risk, Moreau said, Jet’s model faces some friction from big traders like market makers who have grown used to the flexibility of variable-rate products, where they can often pull their money at any time (assuming the utilization rate isn't too high, of course). With a fixed-rate product
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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that bitcoin investors will get richer when the Federal Reserve, the Treasury, and Wall Street pivot and trillions of dollars are printed. Robert Kiyosaki Predicts Bitcoin Investors Will Get Richer The author of Rich Dad Poor Dad, Robert
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"We are going to refocus on liquidity, latencies and a vibrant derivatives community including BMEX Token trading," BitMEX said in a statement shared with CoinDesk. "As an undesirable consequence, we had to make changes to our workforce. Our top priority is to make sure all employees who will be impacted
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The troubled crypto lender Celsius paid down a $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. A day earlier, Celsius used a debt-paydown to reclaim collateral on the Maker protocol. Source
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DappRadar, a popular platform that provides analytics and portfolio tracking for the decentralized application (DApp) and nonfungible token (NFT) markets, has announced an upcoming company restructuring to a decentralized business model, in addition to releasing a native governance token, RADAR.Founded in 2018, the site currently boasts over 4 million global
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Which is harder, mining bitcoin or selling pancake batter?Nate’s Foods is about to find out.The little-known, publicly traded company, based in Huntington Beach, Calif., announced Oct. 25 that it has started mining the oldest and largest cryptocurrency by market value. Ditching its original product – premixed pancake and waffle batter
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In this issue U.S. Congress wrestles with another ‘digital dollar’ billFacebook’s Libra scales back ambitions but muscles in on China’s digital currencyCrypto world in a sweat over ‘bitcoin halving’In China: Blockchain Service Network launching soon, Huawei tech zone, and more Latest in funding: Atomic Loans in Canada and Airwallex in Hong KongFrom
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Payments startup Circle is pivoting its business to solely offering stablecoin services with the sale of its OTC desk. As part of the move, the firm confirmed the departure of additional executives, just weeks after co-CEO Sean Neville announced he would be stepping down.In a lengthy blog post Tuesday, Neville
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