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Crypto is the rave of the moment for techies, and it is understandably so. Its applicabilities are boundless, leading to...
02/02/2022

Crypto is the rave of the moment for techies, and it is understandably so. Its applicabilities are boundless, leading to a daily rise of new ideas and innovative projects extending to almost all life spheres. Statistica reports 9,929 cryptocurrencies globally as of January 2022, and the number keeps soaring.

When we say "Crypto," we talk not only about cryptocurrency tokens (as its original context suggests). Crypto in its current context refers to a range of applications that are built on/around a Blockchain. Think of DAOs, NFTs, DeFi, smart contracts, swap protocols, cryptocurrency games, and the likes; then, you'll have a broader picture of what crypto projects entail.

A few years ago, one would have had to be a programmer or a computer guru of some sort to pull off a successful crypto project… That's the first scenario. The second scenario is that you could be a computer genius who codes miracles at the speed of light and know all the workings of a blockchain. Still, you may lack organizational abilities to startup, grow, and secure your project, which invariably means the project is likely to fail.

In the present day, what you need for a successful crypto project is basically an innovative idea. A Crypto incubator like CyberK is available to take your project all the way from its conceptualization stage to development to auditing and security.

What is CyberK?
CyberK is a full-service project incubator and development service. They take on projects at every stage of development and successfully see them to the finish line. Whether the project is only missing a website or needs to be designed from the ground up, CyberK's experienced development team has the solutions.
CyberK has witnessed tremendous success in incubating and establishing crypto projects owing to its team of industry experts who have launched countless successful blockchain projects and can guide a project all the way from the drawing board to release. They handle diverse projects from smart contracts to mobile/web applications, making it a one-stop-shop for all crypto development needs.

Solana-based options protocol PsyOptions acquires Tap Finance.This is the first step for PsyOptions’ goal to become the ...
02/01/2022

Solana-based options protocol PsyOptions acquires Tap Finance.
This is the first step for PsyOptions’ goal to become the go-to on-chain financial services provider for DeFi users all over the world.
The company is actively developing the v2 DOV combining both technologies.
PsyOptions, an options protocol built on Solana, has entered the Decentralized Options Vault (DOV) space by acquiring Tap Finance.

As a result, Tap Finance will be rebranding to PsyFinance. The DOV company will bring its offerings under the Psy Ecosystem umbrella. The new infrastructure allows the team to spin up vaults immediately to match market and user demand. PsyOptions Core Contributor Tommy Johnson shared his excitement about bringing Tap onboard.

Our team is extremely excited to bring Tap under the PSY DAO to lead structured products. This deal isn’t just great because of these incredible developers and people, we are also quickly expanding the PSY DAOs geographical footprint to increase censorship resistance and create an ecosystem with no bounds. We’ve created an incredible roadmap together, and have already begun executing!
Meanwhile, Tap Finance Co-Founder Jerry expressed his own optimism about the acquisition.

The Tap team is excited to be bringing the future of DeFi structured products under the PSY DAO. Joining the PSY DAO will allow us to rapidly scale, and provide our customers with a new generation of option strategies that will reduce risk and provide superior returns.”
This acquisition is Psy Option’s first step in fulfilling its vision to become the de facto on-chain financial services provider for DeFi users internationally. As a result of this acquisition, users can now access options-based yield under one roof.

Psy Options is also actively developing a v2 DOV that will take advantage of the company’s technology. Additionally, the company is also working on liquidity mining initiatives for the v2 DOV.

Although the modern internet connects us like never before, one thing that younger generations have never truly experien...
01/31/2022

Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten what life was like before our every thought and action were tracked.

Web3 envisions an open, trustless, permissionless internet where users can interact with each other peer-to-peer without giving up ownership control, privacy or relying on intermediaries.

Adam Gagol is the co-founder of Web3 venture studio Cardinal Cryptography and of Aleph Zero, a Swiss organization offering a scalable privacy-enhancing smart contract infrastructure suitable for enterprise-grade applications. Adam earned a Ph.D. in mathematics for his work on applications of probabilistic methods in combinatorics. In the blockchain space, Adam’s achievements with Cardinal Cryptography include designing Aleph Zero’s consensus protocol, which was peer-reviewed by the Association for Computing Machinery in 2019.

Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe ...
01/28/2022

Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin.

The Brussels MP’s monthly salary of EUR 5,500 will be converted to Bitcoin using Bit4You crypto trading platform, reported Bruzz. Beukelaer who represents Humanist Democratic Centre (CDH) party, hopes his move would inspire other politicians in the region to show a similar interest in the nascent tech

Serial entrepreneur and serial crypto-tweeter Elon Musk seems to have been the catalyst for a double-digit bounce Tuesda...
01/26/2022

Serial entrepreneur and serial crypto-tweeter Elon Musk seems to have been the catalyst for a double-digit bounce Tuesday for his favorite crypto pet project — Dogecoin (DOGE).

On Tuesday, Dogecoin was up more than 10% at one time following a 7:30 a.m. tweet when the CEO of Tesla (NASDAQ:TSLA) and SpaceX stated, “I will eat a happy meal on tv if accepts Dogecoin.” Almost immediately following that tweet at 7:34 a.m. the price of the meme coin spiked sharply. The reason being that if a major food chain, such as McDonald’s, decided to accept Dogecoin as payment, that would be a significantly bullish signal toward broader adoption for DOGE and the entire crypto-sphere.

As additional context, Musk’s tweet was a direct response to a message that McDonald’s posted to its Twitter (NYSE:TWTR) feed Monday afternoon. The global fast food chain decided to poke fun at crypto investors on Twitter when it asked this question, “how are you doing people who run crypto twitter accounts?”

The playful jab was a response to a series of discussions on Twitter and Reddit forums over the past few days where crypto traders joked about having to apply for a “real job” at the Golden Arches because of the crash in digital currencies. In fact one clever content creator has taken the ironic joke a step further by turning a blank McDonald’s job application into an NFT and subsequently selling it on OpenSea for the crypto equivalent of $25 U.S.

On a handful of occasions in 2021, tweets from Musk have triggered the crypto markets to both pump and dump. Most famously was his tweet in May 2021 where he posted on his Twitter account that Tesla would no longer accept Bitcoin as payment for Tesla electric autos — only weeks after announcing the acceptance of e-money for his e-vehicles.

Musk’s reasoning was that the ban on Bitcoin for buying e-cars was due to the crypto’s mining practices, which were allegedly too damaging to the environment. Whether true or not, that single missive was the catalyst for a rapid decline of nearly 50% in value across the digital asset category. We’ll have to see if Tuesday’s price action was a temporary blip or sustained rebound.

bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing us...
01/25/2022

bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price.

The bug seems to be prevalent with Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collectibles, where the exploiter managed to buy them at their old listing price and then sold them for the current market price. The affected NFTs include BAYC #9991, BAYC #8924, MAYC #4986.

Russia’s recent crypto ban has received a lot of criticism from several big names, including Alexei Navalny’s Chief of S...
01/24/2022

Russia’s recent crypto ban has received a lot of criticism from several big names, including Alexei Navalny’s Chief of Staff Leonid Volkov and Telegram founder Pavel Durov. This comes as a result of Russia’s Central Bank publishing a report proposing a blanket ban on domestic minor crypto trading and mining on January 20.

In detail, the report indicates that the risks of crypto are “much higher for emerging markets, including Russia”. However, it occurs that this suggested ban isn’t universally accepted in the former Soviet Union.

In fact, the Telegram CEO stated that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy. Durov added:

Such a ban will inevitably slow down the development of blockchain technologies in general. These technologies improve the efficiency and safety of many human activities, from finance to the arts.
While Durov revealed that the “desire to regulate the circulation of cryptocurrencies is natural on the part of any financial authority,” he concluded that “such a ban is unlikely to stop unethical players, but it will put an end to legal Russian projects in this area.”

Meanwhile, in his January 20 telegram post, the Chief of Staff wrote that the ban would be like: “calling a spade a spade.” In his announcement, Volkov referenced a report done by Bloomberg. It claimed that Russia’s Federal Security Service (FSB) was instrumental in extending the ban because crypto can be used to finance “non-systemic opposition and extremist organizations.

Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increa...
01/23/2022

Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView.
Data from Cointelegraph Markets Pro and TradingView followed Bitcoin (BTC)/USD as it fell through $35,000 during the first half of Jan. 22.

The Metaverse is disrupting the web 2.0 space and expanding its limits to what has now become web 3.0. This expansion is...
01/19/2022

The Metaverse is disrupting the web 2.0 space and expanding its limits to what has now become web 3.0. This expansion is allowing influencers, brands, and audiences to experience the next-level digital economy.

Currently, Metafluence is proving to be a groundbreaking project that aims to connect influencers and their brands to wider audiences. While it is centered on building an influencer-centric and tokenized ecosystem where SM influencers can connect with new target audiences, it also amplifies the popularity of their content and relates with their fan bases in the Metaverse.

The launchpad of Metafluence is Keepface – the parent company of Metafluence that was launched in 2017. Currently, Keepface is home to over 500,000 influencers, 5,000+ registered brands worldwide, and has already managed more than 1,600 global influencer campaigns with Fortune 500 companies.

Keepface attempts to key into this disruption by launching Metafluence, the first influencer platform created to connect social media (SM) influencers, their audiences, and brands in the metaverse.

Presently, the Metafluence team is focused on developing a performance-based influencer marketing model where influencers can earn, not only on media results but also on commissions out of the sales they generate. More so, the project has onboarded top-class experienced developers and creatives with more than 5 years of industry experience in influencer marketing across different industries and geographies.

Imge su Cetin, CEO of Defy Trends, breaks the mold of the enigmatic night-owl coder with her strong leadership and outgo...
01/19/2022

Imge su Cetin, CEO of Defy Trends, breaks the mold of the enigmatic night-owl coder with her strong leadership and outgoing personality. After sitting on her laptop programming or scraping together data from thousands of sources, she likes to unwind by bringing like-minded people together and learning from smart friends. She even DJs for fun.

Imge su was born in Turkey. She moved to the United States when she 5. She moved back and forth between Turkey and the US, adapting to both cultures and developing the cosmopolitan savviness that she is known for today . After obtaining a B.S. in Economics at Bilkent Univesity, one of Turkey’s most prestigious academic institutions, Imge su worked for the United Nations in Iraq for a year. While living in Iraq she Imgesu also taught English to locals. She got her M.S. in Data Science at the University of California San Diego, working on research in EV charging optimization on the side while completing her degree. Imgesu’s proudest accomplishment was being selected among only 2,000 applicants for a full-time data scientist position in the UN. During her professional and academic careers, Imgesu was always passionate about blockchain technology and trading, creating apps for herself in her downtime to better guide her investments.

In the following piece, Imgesu shares her insights on some of the problems that need to be solved in the world of cryptocurrencies, how data analytics platforms can help to solve some of these problems, and offers a tantalizing hint of what’s to come.

DeFi Data Analysis Will Help Solve Cryptocurrency Stability
If you want to survive and thrive as a crypto trader and investor in 2022, you need to understand data analytics. Applying data analysis to meet goals is the center of analytics, and I founded my company, Defy Trends, to achieve one goal: understanding where cryptocurrency markets are going, and why.
There are billions upon billions of data points to be found online that might, in aggregate, tell us something about where crypto markets are going. Gathering data in the blockchain space is not always easy. Finding the right data set and method of analysis is a primary challenge. And dismissing rubbish data and cleaning the data set is an art form. The more accurate and timely the data is, the more trustworthy and profitable it has the potential to be.

Great data analysis benefits everyone with steady returns and the insights to navigate volatile swings in the market. The process of building up and analyzing a data set is extraordinarily complex, but the growing incentive to inform investment decisions with analytics-driven insights means that the challenge of analyzing available data on where crypto markets are going will be met.

There is a lot of money on the line, and anyone who can crunch market data the right way stands to make big returns. In modern trading, information analysis and speed are the keys to making good decisions. Being able to collect, collate, and analyze that data to produce valuable metrics and insights that provide results to investors is of massive importance for the growing pool of individual and institutional investors curious about cryptocurrency.

One major concern for investors who are new to cryptocurrency is the volatility that has characterized cryptocurrency markets in recent years. While that volatility has decreased in the last two years in particular, valuations in crypto markets are still more volatile than stocks and bonds. While it is nice to think that added liquidity in the crypto market will continue to dull volatility and cushion major shocks, we are unlikely to see the taming of volatility in digital asset markets any time soon. Volatility is here to stay, and crypto investors can profit the most when they accept and accommodate that inherent volatility.

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99 Lees Avenue
Ottawa, ON
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