We are approaching the end of July and many interesting things are happening in the Cryptoverse! We had the rumor that Amazon will start accepting Bitcoin, and this was the spark required by the market to surge. Even if they denied the rumor, the market kept rejuvenating. Bitcoin currently sits close to $40,000 and could pass this barrier any minute.
Grayscale Investments is launching a new diversified fund focusing on DeFi. Michael Sonnenshein, Greyscale's CEO, said that the growing demand for DeFi assets was the core idea for launching the index containing ten blue-chip projects: Uniswap (UNI), Aave (AAVE), Compound (COMP), Curve (CRV), MakerDAO (MKR), SushiSwap (SUSHI), Synthetix (SNX), Yearn Finance (YFI), UMA Protocol (UMA) and Bancor (BNT), with Uniswap having nearly half of the total allocation, 49.95 percentages.
Greyscale holds over 650,000 BTC in the company's portfolio and the DeFi index will open new opportunities. This move will tap into a new customer pool, those that believe that blockchain will redefine the future. Greyscale offering is innovative, trusted and secure as the new DeFi Index fund comes to fill the investors demand. This new market exposure will boost blue chip DeFi projects to new heights. Read more about UMA in the SuperUMAns blog by PVM and check if you have the skills to join the SuperUMAns!
CakeDeFi and a slice of DeFiChain
Have you joined CakeDeFi? The most transparent way to put your crypto to work? The sign up offer of $20 worth of $DPI after depositing $50 got enhanced to $50 for a limited time. During the Summer Olympics, CakeDeFi upgraded the bonus to $50 worth of $DPI for new joiners using any referral code. Please note that KYC is required and $50 deposit. The sign-up bonus will be locked in the auto-compounding pool for180 days, generating profit the whole period.
It may look long but you must have some patience with crypto. I joined in December 2020 after reading Felix article about CakeDeFi and all my DPI is now unlocked. Since then, my DPI stash grew nicely and at the moment I am holding x worth of DeFi Chain. Join now and enjoy a nice profit in January 2022!
Blockchain technology is the solution for many industries and the NFTs can be more than a collection of digital stickers. San Marino approved a vaccination pass using VeChain (VET) technology and NFTs to create certificates of free travel. The innovative system will use QR codes linked to a NFT on the VeChainThor Blockchain, that can be easily accessed. The digital solution doesn't require a specific app or complicated tracking apps as the VeChain NFT can be checked on the blockchain. The VET Vaccination Digital Certificate will increase the authenticity of the data and has zero risk of counterfeiting. Expand your knowledge about VET and learn why VeChain (VET) is the future of the trading industry
The Revuto Airdrop (10 $REVU) is still active and signing up will award 10 $REVU tokens to every new user. Revuto is crypto-powered Dapp designed to manage the subscription payments, helping users to pay only approved memberships. Their app is built on the Cardano network and brings innovation in managing paid subscriptions with tools to manage, approve, block, or snooze payments in seconds.
$REVU is the Dapp native token and is designed to help users to save your money while paying for subscription charges for top names such as Netflix, HBO, Spotify, Amazon Prime, Dropbox or even cloud options, business tools and dating apps.
Bad news for Bitcoin miners came from Malaysia, where over one thousand BTC mining rigs were destroyed by to Government. The mining rigs taken after a huge police operation and six people were charged for illegal Bitcoin mining. where steamroller. The fun part of the story is that a steamroller was used to crush the rigs and the whole event was treated as a celebration.
Coinbase keeps adding new earning crypto opportunities as Clover Finance was added to Coinbase Earn. Users can earn $3 worth of Clover, while BarnBridge, $AMP and Polygon are still available to claim.
It's not all rainbows and butterflies but cryptocurrencies and blockchain technologies are the future!
Resources:
Join the CakeDeFi revolution and get $30 worth of DeFiChain (DFI)
Amazon author page: PV Mihalache
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Thanks alot for the news updates. Do you think the destruction of the mining rigs in Malaysia will have any impact on Bitcoin?
Oh there is a typo error somewhere, it's that point you said you invested in Cake Defi in December 2020 and you are asking us to join and enjoy a nice profit in January 2020. The mistake is in the dates