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Potion Protocol is a community-driven project that aims to protect users from the many risks lurking in decentralized finance. It is accessible, open, web3-native and transparent. Furthermore, it aims to help users earn yields when selling insurance minimizing the risk of losing their assets. Potion Labs is preparing to launch Potion Unlock shortly, an open-ended, on-chain social game that rewards players with the decryption and release to the public domain of the Potion protocol’s codebase and related documentation. It’s based…

Monero (XMR) faces the risk of a majority attack shortly. Despite being a reputable alternative to altcoins for incognito transactions, the privacy coin could soon compromise its integrity. In light of recent efforts to kick out ASIC miners, new metrics continue to expose the susceptibility of Monero’s blockchain to a 51% takeover. A majority attack means a user (or a group of users) has pooled resources to usurp a blockchain by possessing more than 50% of its computing power.  Miners…

After reaching its donation goal of 21 BTC, Bitcoin for Truckers has announced plans on how and where it will allocate funds to support Canada’s “Freedom Convoy”. The fund has transformed into a far more critical lifeline for the movement than its initial plans. This could be a result of the increasingly draconian laws related to fundraising for the protest that it faces. How Will Truckers Redeem The Bitcoin? Nobody Caribou – a liaison between Bitcoiners and truckers in Ottawa…

Renowned Texas Rep. Ted Cruz is making waves after delivering a passionate defense of Bitcoin against its “authoritarian” critics. Calling out Elizabeth Warren and other “big government” Democrats, he said they only oppose the technology because they “can’t control it”. Bitcoin Beats Authoritarianism Ted Cruz aired his view on the matter during episode 109 of Verdict's political talk show on Saturday. In conversation with Michael Knowles, the two noted how Bitcoin was being used as a roundabout way of donating…

Potion Unlock, a novel release model for decentralized Protocols registered sales of $12 million last January, from renowned DeFi firms and individuals. The Potion Labs team behind the project had previously raised $3.2M in August 2020 from top-tier DeFi investment firms. The project attracted interest from experienced DeFi parties such as Polychain, Placeholder, Pantera, Maven 11, The LAO, MetaCartelVentures, ParaFi, Spartan, Robert Leshner and Tarun Chitra, Fernando Martinelli, Synthetix founders, Crypto Plaza, Roble VC, CULTUR3, Lemniscap, Zee Prime, beToken Capital,…

Coinbase Super Bowl ad got a lot of attention, so much so that it crashed their site. The crypto exchange created an unconventional ad for the Super Bowl time slot when viewership is at an all-time high. Their ad, however, featured just a logo that bounced across a black screen. In the nearly 60 seconds the ad lasted, the logo changed to a QR code. The ad, which cost an estimated $14 million, did not explain the QR code. Naturally, this…

How blockchains and cryptocurrencies handle investor data is a topic of great interest in the market. The data-encryption layer of a blockchain is one of the mechanisms that attract traders the most. However, there is an essential difference between encrypting users' data and providing transaction anonymity. How can a system guaranteeing perfect traceability of transactions achieve excellent privacy protection? This article introduces and explores the topic of crypto anonymity with some practical, real-life examples. The original Bitcoin idea Before better…

Cult DAO is a community-driven autonomous organization seeking to contribute towards a decentralized future. The project aims to constantly fill and send out its DAO treasury and fund investments in various technologies building tomorrow’s decentralized world. This Cult DAO review looks closer at the project’s features and long-term plans. Read on to discover how to take part in this initiative! What is Cult DAO? Cult DAO is a blockchain-based, non-governmental and non-profit organization. Its purpose is to empower those working…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,892 trillion. Bitcoin is up by almost 2% after a short-lived bull run this week. Ethereum decreased by over 4% to trade again below $3,000. XRP is up by more than 20% after a good run over the past seven days. Almost all altcoins are trading in the red after a highly volatile week.…