Dharma’s Uniswap governance proposal risks giving it too much power, according to critics in the community. Decentralized exchange Uniswap is currently undergoing its first governance vote, which was submitted by open-source lending protocol Dharma. But a number of community members have raised concerns that if successful, the proposal will hand Dharma too much control over […]
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Tether’s USDT stablecoin dominates crypto market volumes but data shows its $15.7B market cap does not negatively impact Bitcoin’s volume. Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other […]
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Uniswap’s first community governance proposal is up for a vote. The Uniswap community is currently holding its first-ever vote, set to be completed by October 19. Up for consideration is the reduction of thresholds required to submit governance proposals and quorums. In recent weeks, there has been much discussion and criticism about the protocol’s standing […]
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Here’s how investors can use Bitcoin options to generate DeFi-sized yields without having to wrap their hodl stack. I recently caught wind of an interesting Cointelegraph article explaining how investors could earn 41% APY on their Bitcoin without converting it to renBTC or WBTC. In the article, the writer laid out a detailed case for […]
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This one won’t just be another instance of CeDeFi, the exchange reassures. Bithumb, a major cryptocurrency exchange based in Korea, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology. The company says that Clover will be an open platform for DeFi applications, leveraging cross-chain capabilities and […]
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Despite Binance recording the highest crypto derivatives volume in September, OKEx seems to be fighting back. At the start of October, the crypto market was faced with extremely tumultuous financial conditions, thanks in large part to the recent filings against BitMEX, which saw the company’s top brass being indicted by the United States Commodity Futures […]
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LocalBitcoins’ website has been blacklisted in one of its key markets. LocalBitcoins, a major peer-to-peer cryptocurrency exchange, is no longer available in Russia without using additional tools like a VPN. LocalBitcoins.net is officially blacklisted in Russia as local telecom regulator Roskomnadzor placed the URL on a register of platforms disseminating prohibited information. According to official […]
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The post-BitMEX trading arena is not skewed to selling despite BTC/USD nearing $11,500, CryptoQuant data shows. A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said. In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average […]
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UK media boss and former banker Alexander Lebedev, has revealed he is looking to launch a decentralized finance-powered “bank 2.0.” Alexander Lebedev, the owner of U.K. newspapers Evening Standard and The Independent, along with Russian publication Novaya Gazeta, has spoken glowingly of the potential for cryptocurrency and smart contracts to revolutionize finance. In an extensive […]
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Kraken has identified a decreasing correlation between Bitcoin and the legacy financial markets. A report published by major U.S.-based crypto exchange Kraken has identified signs the correlation between Bitcoin (BTC), the greenback, and legacy markets, is continuin to weaken. Kraken’s September volatility report found Bitcoin (BTC) largely maintaining a negative correlation with the U.S. Dollar […]
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