Don't use aliens as NFTs
Tempus comes to Fantom, Yearn Finance, Order Flow Technical Analysis and... much more!
Dear Tokeners,
Almost, almost done for the week. And today we found out that… NASA says that it will not allow the use of its logos and content for NFT 🙄😲. Which has led us to ask ourselves a few questions…
Does that include to E.T.? And the aliens? And the little green men? Really?
Joking, just kidding... well, not so much, because... if someone decides to take an image from space... do you understand that it is from NASA? And if he takes it to the NFT market… will NASA claim? Will you be able to keep the benefit? We'll have to see how it evolves in the future... We'll throw a 👀... or two! 👀👀
Out aside from the little green men and the NFT abductions, today we come loaded. Our colleague Jordi Guillamon speaks to us in "Don't Panic! Quiet!" about Year Finance, the pioneer of DeFi. We bring good news, and that is that Tempus arrives at Fantom. And the folks at ZenTradingLab bring us their weekly “Order Flow Technical Analysis. ETH, ATOM and CELO”.
Also, we told you about Reddit, which is testing a feature that would allow users to set any NFT they own as their profile picture, Cosmos HUB and the future of shared security, and 4 ways to survive the crypto bear market, including others.
Take advantage of Friday, we won't miss tomorrow, faithful to our appointment ;-).
Read, reread, enjoy, share and… 👇👇
DON’T PANIC!
Yearn Finance, the pioneer of DeFi
Throughout the year 2021 we have been able to see how the boom of NFTs and Play to Earn games have completely eclipsed all global attention. In turn, we have been able to observe how the world of decentralized finance has continued to take steps to continue advancing in its objective of leading the finances of the future. Or more than the future, the present, given that the need to flee from this traditional financial system to which we remain tied is becoming more and more obvious. The need for a change within the world of finance has been observed for quite some time, and it was in the winter of 2020 that Yearn Finance was born to revolutionize the crypto-space with a clear objective: to simplify the DeFi space for all types of investors. Initially the project was devised by Andre Cronje under the name of iEarn launched in February 2020. It was not until July, when it was renamed Yearn Finance and in turn introduced new tools and the YFI token, that the project had not gained all the notoriety it has generated today.
Source: Criptotendencia
Yearn Finance perfectly defines the term DeFi, popularly known as a term that refers to an ecosystem of financial products built on blockchain networks that allow easy access to financial products, facilitating access to the current financial system to people with ignorance . The DeFi ecosystem was born in order to leave behind the burdens of the traditional financial system. On the way to 105 billion dollars (current market capitalization of the Defi market), unthinkable advances were achieved, among them, a permit economy, without restrictions for those who want to participate with infinite options to finance themselves.
Source: CriptoNoticias
Read more: 👉
Tempus is coming to Fantom
Bringing fixed yield to the Fantom ecosystem
As you may know, we had previously announced that we would be launching our Yearn integration on Ethereum on Wednesday 26 January 2021. However, in the current market conditions, the APR available on Ethereum has dropped significantly (for example, the APR available on DAI at the moment is around 3%). For this reason, we have taken the decision to delay the launch of our Yearn integration on Ethereum. We haven’t been sitting idle however and have been exploring other exciting opportunities instead!
🤝 More 👉 Medium
Cosmos HUB and the Future of Shared Security
The Cosmos Hub allows developers to not only create and connect their own blockchains but also rent the security they need for building bigger and better applications
Proof-of-stake (PoS) networks are secured by validators who stake tokens on the network to validate transactions and produce blocks. The overall security of a PoS network, then, will roughly be in proportion to the total market cap of the token, because the more tokens being staked, the higher the cost of attacking the network.
Read more: 👉 blockworks
FORTY-TWO (42)
Order Flow Technical Analysis
ETH, CELO and ATOM
This week we will analyse 3 very interesting projects: ETH: the main layer 1 in the industry, secondly the internet of block chains (ATOM) and lastly the global payment infrastructure for crypto payments on a mobile phone- CELO.
Ethereum (ETH)
Weekly Chart
On the weekly chart we see a mitigation of institutional orders in the demand area.
The demand point has a liquidity level above that was absorbed so that the institutions can accumulate orders.
Daily Chart
On this chart we see a possible rally into the supply zone. If this supply zone breaks, we are likely to see all-time highs in the near term. Otherwise, ETH could head for $1,500.
Keep reading… 👇👇
Reddit is testing out NFT profile pics but ‘no decisions have been made’
Reddit is following Twitter’s footsteps to join the NFT bandwagon as it explores ways to add NFT profile pictures
Reddit is testing out NFT profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature.
The popular social media platform had around 430 million monthly users in 2021, and is reportedly working on an NFT profile picture implementation that will enable users to set their profile picture to any non-fungible token with an attached image.
In an Interview with Techcrunch on January 27 , Reddit spokesperson Tim Rathschmidt stated that:
Read more: 👉 cointelegraph
4 ways to survive the crypto bear market
Just a few months ago, Bitcoin was at a record high and celebrities were pitching obscure cryptocurrencies. However, with Bitcoin prices cratering amid to around $36,000 from a record of nearly $68,000, and other digital tokens in freefall, one-time crypto fans are turning into skeptics and reassessing their tolerance for financial risk.
Read more: 👉 fortune
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally.
Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825.
Read more: 👉cointelegraph
NASA blasts NFTs: Says they won't take off with its imagery
Concerning NFTs, NASA stated that it “does not wish for its images to be used for these purposes.
Despite a general consensus amongst degen apes that NFTs are headed to the proverbial moon, space agency NASA has revealed it will not clear the use of its content and logos for take off.
This is an important clarification as the US government agencies’ images and video content are typically not copyright protected, and can ordinarily be freely used for educational and informative purposes in media. (Its logos meanwhile are copyrighted and can only be used if approved by NASA).
Read more: 👉 cointelegraph
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