Hacktivist Bitcoin developer Amir Taaki took aim at Ethereum co-founder Vitalik Buterin on Twitter recently for essentially writing off smart contracts inventor Nick Szabo as a right-wing crank. Taaki wrote that this sort of attitude was typical of an “Eth[ereum] culture which is about sparkling burner parties, privileged digital nomads, microdosing LSD, sex orgies and […]
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Major crypto exchanges are consolidating smaller, niche services to expand their overall market reach. The past few months have seen a number of major crypto companies facilitate some serious big-money acquisitions. For example, on Aug. 25, blockchain software firm ConsenSys bought out JP Morgan’s enterprise-variant of the Ethereum blockchain Quorum. Similarly, earlier this year, global […]
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Demand for Wrapped Bitcoin is increasing along with the DeFi rally. Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi. Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is now tradeable on Binance, according […]
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The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded. Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30. The explosive growth of the Decentralized Finance (DeFi) market has pushed many avid investors to DEXes over centralized exchanges. […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. Top Stories This Week YFI price soars to $38,800 hitting $1 billion […]
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Hybrid offerings to suit different needs. Two exchanges will offer both decentralized and centralized financial options. Both Bitrue and OKEx separately announced plans to provide hybrid services that cater both to the DeFi market and more mainstream centralized finance products. OKEx CEO Jay Hao tweeted on August 30 that the exchange launched its hybrid lending […]
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DeFi platform Synthetix (SNX) surpassed $1 billion in total value locked but what’s fueling the protocol’s growth? Synthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020, having hit its […]
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Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move. Ripple Labs CEO Brad Garlinghouse believes that the U.S. Federal Reserve’s recent decision to allow inflation to stay above its 2% target objective could debase the dollar further. According to Garlinghouse, this decision is […]
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Developers are building the future of finance. Aave has emerged as a top DeFi protocol with $1.5B locked in its smart contracts. It has also become the first DeFi project to reach a $1B market cap and receive an Electronic Money Institution license from the United Kingdom Financial Conduct Authority. Aave recently launched its Aavenomics […]
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It just keeps going up. Decentralized finance (DeFi) hit another milestone as its locked in value reaches $9.02 billion as DeFi projects gained speed in the past few months. Aave continues to be the largest DeFi project, with $1.71 billion locked, followed by MakerDAO with $1.43 billion, Balancer at $1.36 billion, Curve Finance at $1.26 […]
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