GM to everyone keeping their crypto keys close to themselves.
Just don’t tattoo it please.
Markets
Here are today’s market moves:
Here's what you need to know:
Beginners guide to crypto staking
Give a man a steak, he’ll eat for a day. Teach a man to stake, he’ll eat for a lifetime.
Those were the words of the modern day Crypto Confucius.
Staking is a way of earning yield by locking up crypto through a centralised exchange. Here’s a Medium article that discusses staking, how it works, and how it is creating such high yields.
Bobu: An Azuki NFT experiment
Bobu is a decentralized governance experiment. The owner of Bobu (that’s what he calls his Azuki NFT) fractionalized an Azuki NFT into 50,000 pieces and sold 20,000 tokens to the community.
Check out the thread below to know what happens to those 50,000 pieces 👇
Robinhood's new debit card to offer crypto rewards
Robinhood plans to replace its current debit card with a new Cash Card. The new card will offer users rewards similar to those offered by credit cards, including crypto bonuses and discounts.
The interesting USP of the card is a round-up feature that invests surplus change in stocks or cryptocurrency. Users who activate this feature receive a weekly bonus from Robinhood worth up to $10.
Check this out
Sculptor creates real life “block” of Bitcoin and is auctioning it at The Bitcoin Conference in early April.
He calls it “Awakening”
Crypto lingo of the day
Rug Pull:
The most hated word in the crypto space. Rug pull is where crypto developer(s) abandon a project and run away with the money. Just like pulling the rug out from under someone only to reveal the true nature.
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