OMIC Holders can stake their coins in return for more tokens. “The main benefit for stakers comes from supply growth. The protocol mints new OMIC tokens from the treasury, the majority of which are distributed to the stakers,” an official explainer says. “Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important … [Read more...] about DeFi Protocol Omicron’s Token Jumps 10-Fold After Namesake Covid Variant Emerges
COVID
Bitcoin Reverts to $58k as Renewed Covid Concerns Jolt Traditional Markets
While bitcoin is trading 2% lower on the day near $57,800 at press time, the S&P 500 futures are nursing a 1.3% loss. The MSCI Asia-Pacific index has slipped 1.8%, and the commodities complex is bleeding, with oil down over 2% on both sides of the Atlantic. Meanwhile, anti-risk assets like the Japanese yen and U.S. Treasuries are gaining ground. Source link … [Read more...] about Bitcoin Reverts to $58k as Renewed Covid Concerns Jolt Traditional Markets
A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week Bill to make Bitcoin legal tender passes in El SalvadorEl Salvador has officially become the … [Read more...] about A new milestone for Bitcoin, COVID hits conference, Buterin’s DOGE payday
‘Covid Alien’ CryptoPunk NFT sells for $11.8 million at historic auction house
A single ‘CryptoPunk’ non-fungible token (NFT) sold for over $11.8 million at the legendary American auction house Sotheby’s yesterday, as per a report on Reuters this morning.Moments ago in our #London saleroom, an extremely rare “Alien” CryptoPunk #7523 from the collection of @sillytuna sold for $11.8M as part of our #NativelyDigital NFT auction – setting a new world auction … [Read more...] about ‘Covid Alien’ CryptoPunk NFT sells for $11.8 million at historic auction house
Algorand (ALGO) is powering the first blockchain-based COVID ‘passport’ in Latin America
The world’s first blockchain-powered COVID passport has gone live in Colombia as part of a joint project between Algorand (ALGO) and Koibanx. The tool is capable of generating user-friendly, reliable, and simple experiences for patients and allows users to go from having a paper certificate to a digital certificate.Why blockchain for tracking COVID?Called VitalPass, the digital … [Read more...] about Algorand (ALGO) is powering the first blockchain-based COVID ‘passport’ in Latin America