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Crypto ETF Race Heats Up in 2021- Valkyrie Bitcoin Trust Files to List Shares on NYSE

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2021 has been an explosive year for bitcoin as the crypto asset has touched new all-time price highs as cryptocurrencies have seen increased demand. Meanwhile, a number of crypto proponents expect the first exchange-traded fund (ETF) to be approved this year as a number of firms are racing to launch an ETF. On Friday, the […]

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Love & coordination at the frontier of governance: How Yearn minted $300 million

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A core Yearn contributor gives the behind-the-scenes account of what may be the most consequential vote in decentralized governance history   On February 2nd, at 6:00pm UTC Yearn Improvement Proposal 57 passed mandating that Yearn Finance, the decentralized and permissionless neo-hedge fund where I work, mint 6,666 new YFI tokens. YFI holders themselves passed this […]

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Amid inflation woes, Turkey announces CBDC tests planned for 2021

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While the announcement came as a surprise to some, a digital Lira has been in the works since 2019 As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central bank governor Naci Agbal revealed that “conceptual” research had been completed […]

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