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Author: CryptoPress

earn 55% APR with KAVA on Sushi

Earn up to ~50% APR With the KAVA/USDC Sushi Pool

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About Kava Kava (kava.io) is a safe and fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos into a single, scalable network. The pool pays in USDC, WKAVA, and SUSHI. The only way to get USDC is to collect trade fees in the USDC/KAVA pool. WKAVA can only be obtained by collecting both trade fees and incentive rewards. The rewards that are given to the pool each day are...

Staking, Yield farming

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Circle's USDC goes to war with USDT

Circle goes to war with Tether

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In a recent blog post on the Coinbase website, the company said that it is going to fight Tether, a controversial stablecoin that has been linked to scandals and problems for a long time. Tether has been under scrutiny for years due to its questionable relationship with the Bitfinex exchange and its lack of transparency regarding its backing. This has led to concerns about whether Tether is actually backed by the US dollar, as it claims to...

Cryptocurrencies, Front page, Main, News, Stablecoins

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Mike McGlone

Mike McGlone: Crypto will rise again in 2023

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Mike McGlone, a Bloomberg commodities strategist, believes that the cryptocurrency market will rise again in 2023. In a new analysis, McGlone notes that the value of the cryptocurrency market declined by $1.3 trillion in 2022, as of early December, which is roughly equivalent to the combined decline in market capitalization of Amazon and Google. According to McGlone, this decline shows that the cryptocurrency market is still in its early...

Cryptocurrencies, Ethereum, People in crypto

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Proof of reserves PoR

What is Proof of Reserves (PoR)?

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Proof of Reserves (PoR) is a method that exchanges use to show that they hold assets like cryptocurrencies and fiat cash. This is important for exchanges because it allows customers to verify that the exchange has the assets it claims to have, which helps to build trust and confidence in the exchange. It is an auditing technique that is provable using cryptographic proofs, checks of public wallet ownership, and recurrent audits to verify...

Exchanges, Featured, Glossary

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Crypto Today: The worst; BTC Decoupling; FTX Impact

Crypto Today: The worst; BTC Decoupling; FTX Impact

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Is the worst nearly over?  In this still-emerging business, volatility has always been a constant. Cryptocurrency is infamous for its steep declines and spectacular recoveries. Long-time Bitcoin supporters can confirm that this is not the first crypto winter. May cryptocurrency prices and stocks recover in 2023? Hany Rashwan, CEO of 21.co, a cryptocurrency investment business, said, “It is very evident that we as an...

Bitcoin, Cryptocurrencies, News

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