Join us as we discuss the merits of building on Bitcoin with Muneeb Ali and our host, Giovanni Pigni.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
What is Comtech Gold (CGO) and how does it work?
The take-off of digital gold has the potential to disrupt the industry to an unprecedented degree. Historically, gold has been used as a global currency as a hedge against inflation. It has also been serving as an investment venue (commodities), often preferred over other asset classes like equities or foreign exchange, particularly in conventional markets.
However, there are certain disadvantages to owning physical gold, such as inconvenience in transport and storage, as well as the risk of theft. Gold exchange-traded funds (ETFs) might come across as an alternative option, but it cannot be forgotten that the traders don’t actually own the gold while paying the same taxes as gold bullion, or gold bars, and also investors have to pay an annual fee of around 0.4% to 1%. Gold contains all forms of metal, like coins and bars, whereas bullion includes all the exchangeable physical forms of other precious metals, like silver and platinum.
In contrast, digitized gold stored on blockchain comes across as a robust option. This is what Comtech Gold (CGO) comes in, combining the benefits of gold with the advantages of blockchain. CGO solves the prevailing problems in gold trading by rolling out a 100% gold-backed cryptocurrency.
CGO caters to the needs of individuals as well as corporate investors. It eliminates the need for retail investors to visit local markets to buy gold. Moreover, it makes things better for institutional investors by setting aside any need to store gold in physical form.
Introduction to Comtech Gold
Comtech Gold has added another dimension to gold trading by issuing standardized digital gold backed by 100% physical gold. Built on XinFin XDC Network, an advanced blockchain, the project is also Shariah-compliant and certified by one of the renowned Shariah scholars group in the United Arab Emirates.
Crypto adoption: How FDIC insurance could bring Bitcoin to the masses
FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption?
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
DeFi abandons Ponzi farms for ‘real yield’
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens.
Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage?
It depends on who you ask.
The DeFi ponzinomics problem is our natural starting point.
Ponzi farming
DeFi started to arrive as a concept in 2018, and 2020’s “DeFi summer” saw market entrants — DeGens — piling headfirst into DeFi to early mind-blowing returns of 1,000% a year for staking or using a protocol. Many attributed the real explosion of interest in DeFi to when Compound launched the COMP token to reward users for providing liquidity.
Kraken crypto exchange is next to close doors to Russian users
Former Kraken CEO Jesse Powell previously warned crypto investors about the risks of holding crypto on a centralized exchange.
Kraken crypto exchange is next to close doors to Russian users
Former Kraken CEO Jesse Powell previously warned crypto investors about the risks of holding crypto on a centralized exchange.
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
What is "usually" an OTC transaction signals change is afoot among 2018 bear market buyers, says Whalemap.
Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018
Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.
In a Twitter thread, monitoring resource Whalemap flagged a transaction involving 32,000 BTC.
Buyer could be “willing to acquire” 32,000 BTC at $19,000
In the latest sign that the current spot price is affecting the behavior of even longer-term holders, a whale entity that purchased BTC near the pit of the last bear market appears to have sold.
According to Whalemap, 32,000 coins left their wallet for the first time since December 2018 this week.
“32,000 Bitcoins belonging to a whale wallet moved yesterday. They were dormant since Dec 2018,” the Whalemap team wrote in accompanying commentary.
