While some market participants are panicking amid the recent crash, the most fervent HODLers are buying the dip. El Salvador’s president Nayib Bukele just announced a purchase of another 410 Bitcoin for $15 million. A Nation-State Buys The Dip Bukele announced his recent purchase in a tweet moments ago, faking out some of his followers. The president – known for trading the nation’s Bitcoin from his phone – last purchased Bitcoin in December. After bagging 21 Bitcoin for $1 million,…
Tag: CorionX
The Corion Foundation – Staking with a Community Approach
As the DeFi community continues to expand, staking has become more popular than ever. Staking is a term that refers to a blockchain process in which users lock their funds up in a smart contract for a predetermined time and receive rewards for their efforts. Keenly, staking can be done for multiple reasons. Securing Networks The main reason people stake is to secure Proof-of-stake blockchains. In these systems, stakers act as nodes. They are responsible for securing the blockchain—the more…
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