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    Crypto Currency Markets Reality is often disappointing

    September 08, 2021

    Crypto Currency Markets Reality is often disappointing

    Reality is often disappointing

    Posted: 08 Sep 2021 05:07 PM PDT

    The SEC has told us (Coinbase) it wants to sue us over Lend. We don’t know why.

    Posted: 08 Sep 2021 09:15 AM PDT

    Solana is carrying the Crypto Market on its back

    Posted: 08 Sep 2021 01:02 PM PDT

    NFTs and DeFi assets can be helpful and useful in securing loans according to Drops

    Posted: 08 Sep 2021 08:18 AM PDT

    NFTs can be put to work and assist in securing loans and document-free loans are another option that may be accessed with DeFi assets. Drops provides these assets with the functionality they require. Using a wallet like MetaMask, users may borrow loans and earn extra yields from a pool of assets that can be utilized to form a lending pool that can be trusted.
    Any thoughts about it?
    https://btcmanager.com/drops-idle-nft-defi-assets-access-loans/?r=1

    submitted by /u/Cool-Statement-6959
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    Ukraine has passed their Digital Currency and Virtual Asset Laws! Huge news for CBDCs and Asset Tokenization. Both Stellar and Smartlands have front row seats!

    Posted: 08 Sep 2021 04:06 AM PDT

    Asset tokenization is the next crypto gold rush, with a potential market of TRILLIONS of dollars that will be on-ramped over the coming years. The hardest part at the moment, as we know, are regulations. Projects working in the United States, in particular, are finding it very tough to get off the ground with all the red tape between them and their ambitious goals.

    Thankfully there's a few countries leading the charge, such as Liechtenstein with their Blockchain Act, and the newest frontrunner bringing blockchain to a fully integrated digital economy is one of the world's fastest growing developing countries: Ukraine.

    In July, Ukraine passed their digital currency statute that has been signed into law and will now allow the roll-out of perhaps the world's first Central Bank Digital Currency (CBDC).

    They have been working in direct partnership with the Stellar Development Foundation to create the network infrastructure required to pull this off. This is a huge deal for Stellar, that has always been working diligently behind the scenes, and you should expect some big moves from XLM. If the CBDC is in any way related to the public Stellar network, well… all bets are off.

    Don't underestimate Stellar and XLM – once they are able to prove they can develop one country's CBDC there are others already lined up. The news is coming.

    Last week, the President of Ukraine went on tour around Silicon Valley in the US to discuss with businesses and tech investors their ambitious plans to bring Ukraine to the forefront of blockchain and digital integration. This included meetings at the highest level, such as that with Tim Cooke from Apple.

    Today the next major step in Ukraine's journey to be one of the world's most progressive crypto economies has been passed by their government. The Virtual Asset Laws will allow a whole host of business and investment integration to take place across all levels of legal and economic requirements. Fully regulatory compliant asset tokenization, with flexibility and direct support for startups and tech initiatives from the government.

    Let that sink in for a bit:

    Regulatory compliant asset tokenization.

    Trillions of dollars opening up to blockchain.

    There aren't that many crypto projects yet making moves into Ukraine, for whatever reason. Binance is a big one – they have recently started pushing marketing their hard. Another one is Smartlands, a startup asset tokenization project on the Stellar network that has been diligently building throughout the past four years and is now ready to hit the big leagues.

    Here's why Smartlands stands out from other Asset Tokenization projects:

    · Legal frameworks will allow direct ownership of assets;

    · Retail investors will have access to the asset tokens on the investment platform;

    · Secondary markets and governance flexibility is unlocked by the new regulations;

    · They have proven themselves in the United Kingdom, with an FCA-licensed building tokenization project already completed.

    · Multiple asset classes – this isn't just about real estate. This is set to unlock asset classes across many sectors, they will be adding SME funding to their real estate listings soon.

    · Company revenue sharing – part of the genius tokenomics of Smartlands (and their token SLT) is that ALL revenue received by the company will be converted into SLT on market before being split 2/3 to the company and 1/3 to staking holders. This creates both scarcity and buy pressure simultaneously.

    · The first four properties listed on the platform are seeking tokenization of $18.5 million dollars. That will generate $945,000 of fees as revenue for Smartlands that will be converted to SLT on market and then distributed 1/3 to staking holders – we expect around 10c per SLT to be distributed in the first round.

    This is still a small cap project – currently only sitting on around $30mil market cap and with a total max supply of 7.2mil tokens.

    What you are seeing here is everything lining up for a fully regulatory compliant start-up, yet to hit the big leagues or even start their marketing proper (they were waiting for the project to be ready – with these laws it now is), ready to move into a multi-trillion dollar sector.

    They are working in Ukraine with partnerships with Ukrainian investment banks (Empire State Capital) and government-linked initiatives for businesses (Big U), alongside investment management firms (White Asset Management) and full legal representation (Quantum Attorneys). All of it already established. In Ukraine. On day one of these laws being passed.

    $30mil market cap. 7.2mil supply, with staking to begin shortly.

    You do the math and please DYOR -> Smartlands.io / slt.finance / empire-state.capital

    SLT is available on the Stellar DEX (Lobstr app, Stellarterm, StellarX etc.) and Whitebit exchange.

    Get ready for some serious fireworks, this is going to be fun!

    submitted by /u/320Prophecy
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    When an ERC20 token emerges from people who know nothing about the development side of their coin.

    Posted: 08 Sep 2021 03:45 PM PDT

    Proof-of-stake: Ethereum 2.0 ranks worst energy consumption

    Posted: 08 Sep 2021 04:21 PM PDT

    Crypto is booming. However, you're not too late to jump on board, since you're still very early in the game.

    Posted: 08 Sep 2021 01:17 PM PDT

    You are aware that everyone around you and the media are discussing cryptocurrency from Bitcoin to Ethereum and even NFTs and mining...

    When it comes down to it, most people still don't have a clue what the crypto market is all about. Even those who work in the financial markets know just a few basic facts about it. They haven't done their homework and found out about NANO, KOKOSwap, PhoenixDAO, and their potential.

    If you're in a hurry to get into the crypto market, take your time, do your homework, and pick the proper currencies.

    submitted by /u/-Aporia
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    Has anyone here used Gluwa? It looks like an interesting bridge between DeFi/CeFi

    Posted: 08 Sep 2021 07:41 AM PDT

    https://twitter.com/gluwa

    Looks to have ties to CreditCoin and Aella

    They're offering 5% APY paid daily: https://twitter.com/gluwa/status/1434093883969835009

    They just hit 600k transactions in August: https://twitter.com/gluwa/status/1431194789790298114

    Why haven't I heard much about them?

    submitted by /u/carmar2020
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    What are the best crypto hardware wallets?

    Posted: 08 Sep 2021 05:41 PM PDT

    Hi all,

    As most of you know, the exchanges are the LEAST safe place to store your crypto. A reputable hardware wallet will keep your assets 100% secure OFF the exchanges. If you are still storing it on an exchange, I would seriously recommend doing some research on a hardware wallet. Here's a really comprehensive comparison of the top brands. Hope it helps!

    https://cryptocurrencyhaus.com/best-crypto-hardware-wallets/

    To help others here, if you already have a hardware wallet, what's your favorite and why?

    submitted by /u/chriistyii
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    Australian Crypto Businesses Decry Banking Access Denial

    Posted: 08 Sep 2021 03:18 PM PDT

    What are the DeFi Systematic Risks?

    Posted: 08 Sep 2021 09:13 PM PDT

    General Conclusion

    Risk is one of the most prominent issues in traditional financial markets. In particular, risk helps investors to quantify a specific number representing an asset value, in order to assess whether that level of risk is acceptable.

    In DeFi, however, risk is often undervalued as the majority of participants do not fully appreciate it. Several lending/borrowing protocols are at the forefront of this field when it comes to assessing the risk of an asset. In other protocols we rarely see full consideration of risk.

    In this article, we will introduce the concept of systematic risk (generalised) from traditional markets to DeFi.

    What Is Systematic Risk?

    Assuming you invest in a single asset, what is the source of risk for this "portfolio"?

    We can say that there are two common sources of uncertainty:

    1. Risks arise from overall economic conditions, such as business cycles, inflation, interest rates and exchange rates. These economic factors are difficult to predict with certainty and all affect the return on assets.
    2. Risk comes from the asset itself (specificity). For example, is the government controlling the asset or is their direct demand for it, etc. These factors affect one asset but do not affect other assets.

    Now we look at the "portfolio" of even more assets (a diversification strategy), asking the same question, what about portfolio risk?

    Diversifying multiple asset classes spreads the risk of the entire portfolio. The ability to decrease the value of one asset provides the ability to increase the value of another asset. These effects will offset and stabilise the return on the entire portfolio and portfolio volatility will continue to decrease.

    However, even if we hold a certain amount of assets (e.g. >1000 assets), we still cannot avoid risk completely, because almost all assets are affected by factors such as general macro factors. For example, if all assets held are affected by the business cycle, then we cannot avoid business cycle risk no matter how many assets we hold.

    This risk that persists even after diversification is called market risk, which is associated with sources of market-wide risk. Such risk is also known as systematic risk, or non-diversifiable risk.

    Note: Risk that can be eliminated by diversification is called unique risk, nonsystematic risk, or diversifiable risk.

    TLDR:

    In conclusion, risk analysis of DeFi protocols is a very complex process as the areas of risk exposure are very different and often interfere with each other. For example, a protocol that allows more freedom in governance will attract investors who want to make the most out of being able to cast their votes on a wide variety of factors, but it will also be subject to more volatility in changes and be undesirable to another group of investors who want to hold the tokens for stability in asset value. Thus, we have to be clear of our purpose first, and then make the relevant analysis and comparison across protocols.

    submitted by /u/economicsdesign
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    What is Harmony? Detailed Harmony ONE guide (2021)

    Posted: 08 Sep 2021 09:02 AM PDT

    Ethereum's Top 10 Whales Hold the Largest Portion of ETH's Supply Since May 4, 2017

    Posted: 08 Sep 2021 01:08 PM PDT

    YIELD App - YLD token Bi-Weekly Stats

    Posted: 08 Sep 2021 04:39 PM PDT

    Taking this chance to invest in some of the projects I’ve always wanted to invest in but never got the chance.

    Posted: 08 Sep 2021 04:21 PM PDT

    There are more than a couple on my list, but I'm specifically excited about MATIC. This dip is exactly what I needed to get the balls to finally invest into a project that I actually think has a good concept.

    Its rare to find projects like these with a good use case. I've been plagued by ETH gas fees for sometime and I think something like MATIC would be the best solution for me. These guys also recently acquired Hermez which is a Zk rollup that makes the already fast MATIC transactions ten times faster and much cheaper. Gonna buy cheap now cause I have a feeling this will blow up soon!

    submitted by /u/Mandrake_m2
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    Bitcoin Timeline [2013 to 2021]

    Posted: 08 Sep 2021 04:08 PM PDT

    Binance-backed company, Dtravel, is looking to create a decentralized Airbnb. I'm not a fan of another big company taking over, but these centralized intermediaries need to be eliminated! Here is the Marketing Head explaining how the project works.

    Posted: 08 Sep 2021 07:37 PM PDT

    Bloody Day on Bitcoin Day in El Salvador – What’s Happened and What To Expect From Now On? Slowly up, then quickly down sometimes. That's part of the Bitcoin game.

    Posted: 08 Sep 2021 05:45 AM PDT

    The 51% attack is only 34% (or less!) according to some

    Posted: 08 Sep 2021 09:23 AM PDT

    Emin Sirer, founder of AVAX, wrote a paper describing a 33% (or less) attack on Bitcoin.

    https://www.cs.cornell.edu/~ie53/publications/btcProcFC.pdf

    ​

    Here is a discussion of it in plain language:

    https://podcast.solana.com/episodes/emin-gun-sirer-episode-7-no-sharding-podcast-QFS6ASq9/transcript

    (Emin also started a crypto called Karma which was actually the first proof-of-work system as it predated Bitcoin.)

    Leemon Baird, the founder of Hedera Hashgraph, also describes this type of attack in his talk at Harvard in 2017 https://youtu.be/IjQkag6VOo0?t=3728 and says that every crypto network is vulnerable to it."there's also 34% attacks if we're assuming that there are things like firewalls in the world"

    submitted by /u/sowtime444
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    Xlm flash crash. Anything to do with Ukraine? Hmmmm...

    Posted: 08 Sep 2021 07:04 PM PDT

    What would you buy?

    Posted: 08 Sep 2021 07:02 PM PDT

    Question. I've invested a small amount into crypto. Less than 1k. I can't invest as much as some on here, but I've got a little to play with in the hopes that something takes off one day and makes me a little money

    My question is…. Say if you were to set up a purchase every 2 weeks, heck even just once a month,for a small amount, say, $50, what would you be buying?

    submitted by /u/pred03
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    Not sure whats goin on with AMP but never seen NO volume before. Just crazy. Careful AMP hodlers

    Posted: 08 Sep 2021 06:44 PM PDT

    Ripple CEO Talks SEC Attack on Crypto & XRP - Dan Tapiero's 10T $750M Crypto - Standard Charter BTC & ETH Price Predictions

    Posted: 08 Sep 2021 06:35 PM PDT

    Crypto users can borrow with fixed lending fees using MOR

    Posted: 07 Sep 2021 11:51 PM PDT
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