Ethereum DeFi Broke Records in June, But Other Categories Are Suffering
Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem. Go to Source Powered by WPeMatico
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Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while the web portal daistats.com shows there’s only 160 … Read more
Coinbase and Circle-Backed Stablecoin USD Coin Breaks $1B Market Cap
Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months. Go to Source Powered by WPeMatico
TRX in Trouble? Binance Moves $300M Tether From Tron to Ethereum
Does this week’s 300 million USDT migration from Tron to Ethereum blockchain mean trouble is brewing for TRX? Go to Source Powered by WPeMatico
Public Mint Launches, Announces 200 Banks Are On Board
Public Mint wants its tokenized fiat currencies to power DeFi-like open financial applications. Go to Source Powered by WPeMatico
LGBTQ+ in Blockchain/Crypto: A Safe Space With Room for More Inclusion
Socials: LGBTQ+ people in the sector say crypto is a welcoming space: “The crypto sector is more than supportive of LGBTQ+ rights.” Go to Source Powered by WPeMatico
DeFi Governance Tokens Tread Carefully as the SEC’s Invisible Hand Looms
The COMP token distribution raised some questions on a potential reprisal against DeFi from the SEC, given certain similarities with traditional stocks. Go to Source Powered by WPeMatico
Incognito Blockchain Launches DeFi Privacy for Kyber
The Incognito privacy project released pKyber, which enables users to hide their activity from the public Ethereum ledger within the Kyber Network. Go to Source Powered by WPeMatico
Compound’s COMP Token Takes DeFi by Storm, Now Has to Hold Top Spot
Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable? Go to Source Powered by WPeMatico
Hacker Steals Balancer’s COMP Allowance in Second Attack Within 24 Hours
Balancer hacked twice within 24 hours, though this time the sum is relatively small. Go to Source Powered by WPeMatico