How will the crypto industry fare in the new year? Another year has come and gone. The rollercoaster that was 2020 requires little (if any) preamble. It must be said, however, that the blockchain segment experienced something of a return to form during these otherwise painful latter days. Indeed, we closed the year with prices […]
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Positive news, active communities and a shift toward DeFi appear to be the catalysts responsible for the rallies seen in Zilliqa, Terra (LUNA), and VeChain. During a bull market, negative news is quickly digested and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the […]
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Cover, the peer-to-peer coverage market, is the latest DeFi project to suffer an attack. A suspected hacker has exploited the Cover staking protocol, inflating the token supply by printing over 40 quintillion “coins” However, in a surprising move, the suspected attacker returned the funds with a note saying: “Next time, take care of your own […]
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A crypto trader’s scheme to win big from the 1inch airdrop goes haywire. On Christmas day, prolific DeFi users found a surprise in their stocking courtesy of a unicorn that looks a little like Kurt Russell: decentralized exchange platform 1inch launched its governance and utility token 1INCH, which peaked at nearly $2.80 per token shortly […]
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Ethereum 2.0 is finally taking form after the beacon chain launch, so how has it affected the DeFi and Dapp ecosystems so far? The end of 2020 has been huge for the crypto community. Not only was there a spectacular price surge across digital assets, possibly signaling the beginning of another bull market, but there […]
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One serial DeFi user now controls around 11% of 1INCH token supply following the exchange’s governance token distribution event. On Christmas day, decentralized exchange aggregator service 1inch has released its governance and utility token. As part of the launch, the platform airdropped 90 million 1INCH tokens to users who had previously traded on the exchange. […]
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The 1INCH tokens will govern both the platform’s automated market maker protocol and its DEX aggregator. The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec. 25 announcement. The 1INCH token will be used for both the platform’s automated market maker protocol and its decentralized exchange aggregator […]
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A UC Berkeley blockchain group is playing a direct role in Uniswap governance. Blockchain at Berkley, a student-run blockchain organization, has become the tenth-largest delegate for the Uniswap exchange, highlighting the diverse groups involved with the emerging DeFi platform. The student group has amassed 2.5 million votes, where it’s tied with three other organizations, according […]
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When it comes to billion-dollar crypto projects, DeFi certainly took the lead this year. A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during […]
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2020 has been an epic year for crypto and blockchain, but some did more than most to help spur adoption. In future years, it’s possible that 2020 will be seen as a watershed moment for cryptocurrencies. When Black Thursday hit in March, it wiped billions off the markets in a matter of hours. Anyone would […]
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