Crypto Flipsider News – May 12 – Yearn.finance, EOS, Polkadot, Coinbase, Apple Store, eBay, NFT By DailyCoin

Crypto Flipsider News – May 12 – Yearn.finance, EOS, Polkadot, Coinbase, Apple Store, eBay, NFT

In today’s recap:

• The price of Yearn.finance (YFI) rose to over $ 90,000
• Coin won 50%
• Polkadot (DOT) has been integrated into PARSIQ
• Coinbase became number 1 in the US Apple (NASDAQ 🙂 store, overtaking TikTok, YouTube, Facebook (NASDAQ 🙂 and Instagram
• eBay allows users to sell NFTs

The price of Yearn.finance (YFI) has increased to over $ 90,000

The token is owned by Yearn.finance, an aggregator service for decentralized financial investors in yield farming. The token was introduced a year ago. Price competed with for some time, but rose over the past week.

Turned around:

• On the one hand, it looks promising. On the other hand, there is a lot of criticism of the profitability economy. The platform is also similar to Alchemix. We’ve covered its downside in this article.

EOS shot up 50%

It happened because Block.one, a blockchain software company, launched Bullish Global, a new blockchain-based cryptocurrency exchange, with an initial injection of $ 10 billion.

Turned around:

• Despite large injections of funds, EOS has still not gotten rid of its own problems. Read about it in this article.

Polkadot (DOT) has been integrated into PARSIQ

PARSIQ is a data analysis platform that is not itself a blockchain. It is something of a bridge between different distributed networks, which corresponds to the ideology of the polkadots. DOT became the eighth platform for the network, after Bitcoin, Binance Smart Chain, Solana, Celo, and Algorand.

Coinbase is number 1 in the US Apple Store, after TikTok, YouTube, Facebook and Instagram

It seems impossible, but the Coinbase app has overtaken today’s most popular social media. Is it a generation mindset shift or just a temporary trend rotation?

Now Coinbase only supports Bitcoin (BTC), (BCH), Ethereum (ETH), (ETC) and (LTC). However, the Binance app with its dozen of crypto only takes up 10 times the space in the store.

Turned around:

• First of all, Apple smartphones and computers have always been a bit more expensive. Your Flagman gadgets can be bought by people who can spend more than usual. People in crypto are like that. This means that it has higher ratings than, for example, Google (NASDAQ 🙂 Play.

eBay (NASDAQ 🙂 allows NFT to be sold

The world’s largest trading platform has updated its guidelines. Now users can trade their NFTs. It’s probably a small step for the company, but a small step for the entire blockchain and crypto world.

Turned around:

• eBay has long tried to deal with fraudulent problems. Now there is a chance that the battle with NFTs will persist. However, the platform also offers protection options.

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