Mystery Donor Gives Penn Wharton $5 Million in Bitcoin, School Says It Has 'Downside' Protection

Mystery Donor Gives Penn Wharton $5 Million in Bitcoin, School Says It Has 'Downside' Protection

Decrypt     •     May 20, 2021, 5:33 pm

The University of Pennsylvania announced on Thursday that an anonymous donor has given its prestigious Wharton Business School a $5 million donation, which it will use to fund programs related to…

LEXIT To Launch IDO Aimed at Driving Its Next-Generation NFT Creation Platform

The Daily Hodl     •     May 20, 2021, 4:30 pm

LEXIT, a decentralized finance platform (DeFi) for tokenizing intellectual property into non-fungible tokens (NFTs), announced today the launch of its first initial DEX offering (IDO) hosted on…

Algorithmic Stablecoins In DeFi

Crypto Daily™     •     May 20, 2021, 4:30 pm

Bonded.Finance is a DeFi protocol aiming to unlock an estimated 100bn in dormant capital, residing in altcoins. Bonded’s suite of “smart instruments” can algorithmically determine interest rates as…

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NFT market projected to double by October as trading volume surges

Cointelegraph.com News     •     May 20, 2021, 5:25 pm

Using a linear regression method, analysts at Invezz have determined that NFT trade volumes could rise to $125.9 million in July and $175.2 million in October.