Author: Dave Lawrance
I’m an experienced translator and editor with 25+ years of experience specialized in financial, business and legal texts offering expert translation Portuegese to English and Spanish to English.
Cryptocurrency staking has become a popular way for investors to earn passive income in digital assets. TrueFi Token (TRU) is a cryptocurrency that enables holders to participate in the TrueFi lending platform and earn passive income through staking. In this article, we will discuss what the TrueFi Token is and how it works, the future of the TrueFi Token, and how to earn TRU tokens through staking. What is TrueFi Token and How Does it Work? TrueFi is a decentralized, peer-to-peer lending platform that provides uncollateralized loans to borrowers. The platform is built on the Ethereum blockchain, allowing lenders to…
The average interest rate for 30-year mortgages in the United States reached 6.94 percent, the highest level since 2002, while demand for mortgage loans reached the lowest level since 1997. The average interest rate on 30-year mortgages in the United States rose to 6.94 percent from 6.81 percent. The Mortgage Bankers Association (MBA) reported that mortgage applications fell 4.5 percent in the week ending Oct. 14 compared with the previous week. At highest Level Since 2002 The national average 30-year mortgage rate rose to 6.94 percent from 6.81 percent. This puts interest rates at their highest level since 2002. Joel…
https://youtu.be/r2FZkTzwjNE NFT Korea Festival 2023 will be held in Art Hall 2, Dongdaemun Design Plaza (DDP), Seoul, South Korea, on March 7 and 8, presented by LM LLC and Superchief Gallery NFT with the NFT marketplace playNomm, according to a statement from The Moon Laboratories, which runs the NFT marketplace playNomm. Together with partners like Meta Oasis, Searchfi, and NFT ASIA, this event is supported by Ledger, a hardware Wallet Company, the Foundation, the Digital Art NFT Marketplace, the Blockchain firm Fingerlabs, and others. Superchief Gallery NFT, one of the top NFT art galleries in the world, is curating the…
https://youtu.be/5v0FO6ap49M Blockchain technology has managed to permeate every aspect of our lives. Undoubtedly, it would not be wrong to say that the work in Asian countries is one step ahead. Hong Kong is in the process of setting up a web3 working group composed of policy makers, regulators and crypto industry participants. “We will deepen our work on virtual assets” Hong Kong Financial Secretary Paul Chan said, “Going forward, we will deepen our work with key departments, regulators and virtual assets. At the same time, I will organize and lead a working group on virtual asset development composed of market…
PayPal, a global payments giant, and Galaxy, an investment management firm, have joined forces to provide Chaos Labs with $20 million in seed capital. Based in New York City, their cloud platform specializes in securing blockchain technology from external threats and risks. The software is specifically designed to protect crypto protocols against market exploitations or manipulation events by offering agent-based and scenario-based simulations. With this new funding round comes increased security for users looking to invest or explore blockchain options! Big Names of the Crypto World Participated in Seed Funding Chaos Labs’ seed funding campaign has sought to further develop…
Theta Fuel (TFUEL) is one of Theta’s two native tokens. TFUEL should not be confused with Theta Token (THETA), the governance token on the Theta blockchain, which is supported by hundreds of collaborative guardian nodes and corporate validators such as Google, Binance, Blockchain Ventures, Gumi and Samsung. TFUEL is the second currency on the Theta blockchain and serves as a gas token, as well as a decentralised video and data transfer. This means that it is used for all activities on the Theta Blockchain, including payments to relays for sharing a video stream, distribution and interaction with smart contracts, and…
Celo is a permissionless, carbon-negative Layer 1 blockchain with a diverse ecosystem of global partners developing new Web3 applications to promote a more equitable financial system. The Celo ecosystem consists of a decentralized proof-of-stake blockchain technology stack (Celo Platform), the CELO governance asset, and three stable mento assets (cUSD, cEUR, cREAL) that enable real users to distribute digital assets. The debut of the open-source Celo Mainnet took place on [Earth Day 2020]. Today, it supports more than a thousand startups in over 150 countries, helping to create the conditions for everyone to succeed. Who Founded Celo? Rene Reinsberg, President of…
On Monday, the native token of Liquidity ‘s censorship-resistant decentralized stablecoin lender (LQTY) experienced a 45% surge to its six-month high of $1.07 following an instruction from New York regulators for Paxos to stop minting their centralized dollar-pegged cryptocurrency BUSD. This was LQTY’s most significant single-day percentage gain in at least one year and highlighted the incredible potential that this crypto holds, according to data sourced from the TradingView charting platform. Liquidity ‘s Rise Could Be Due to US Regulators’ Attitude to Paxos The rally is likely a result of the Paxos-BUSD drama that sparked worries about potential government regulations…
Silvergate Capital Corp., a crypto bank, is currently the second most heavily shorted stock in the US. According to recent data from FINRA (Financial Industry Regulatory Authority), 72.5% of its outstanding shares have been sold short – meaning that investors and traders believe they will profit when the price drops. Thus far, this has proven to be true; Silvergate’s value continues to decline as expectations remain low for future growth opportunities. Silvergate Dropped Nearly 90% With shares of Silvergate (SI) dropping by a whopping 87% over the past twelve months, it’s no surprise that many investors have been discouraged from…
After a video exposed a flaw in Bard AI, a company-developed artificial intelligence (AI) platform, Alphabet’s shares, which are owned by Google, plunged. The business ran a Bard AI advertising campaign on YouTube on February 9th, but a mistake in one of the AI replies concerning the James Webb telescope was quickly discovered and scrutinized by several users. What Exactly Happened with Bard AI? In a nutshell, Bard AI claimed that the new telescope being built by NASA would have produced the first photograph of a planet outside of our solar system, but in reality, exoplanet photos had already been shot in…