Despite the snapshot on Dec. 12 for the upcoming FLR airdrop event, XRP’s value has not gained much ground, staying put at around $0.50. While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over […]
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The Technology Advisory Committee heard a briefing on DeFi’s functionality, as well as the pros and cons of holding programmers legally liable for bad usage. The Commodity Futures Trading Commission is trying to make heads or tails of the recent explosion in decentralized finance. On Monday, the CFTC’s Technology Advisory Committee hosted a presentation called […]
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LINK, the native token of Chainlink, is beginning to recover after seeing a major drop against Bitcoin. The price of LINK, the native cryptocurrency of Chainlink, has increased by 10% in the past three days with the recovery coming despite a “death cross” on the LINK/BTC chart. Josh Olszewicz, a cryptocurrency trader and technical analyst, […]
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The two Polkadot parachains will communicate to create a unified DeFi environment. Cross-chain DeFi lending protocol Equilibrium (EQ) is set to bring its USD-pegged stablecoin to Moonbeam, a Polkadot (DOT) project building an Ethereum-like blockchain. DeFi projects building on Moonbeam will be able to use Equilibrium’s stablecoin as if it were native to the blockchain. […]
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Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought. Polkastarter, a decentralized exchange on the Polkadot platform, is launching a mechanism for crowdfunding, with several projects lined up to offer token sales through the platform. Through a so-called “Fixed Swap Pool”, projects can list their tokens and […]
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The protocol is safe, but its founder lost his stash of 6% of all tokens. An unknown attacker stole $8 million from the personal wallet of Hugh Karp, the CEO of DeFi coverage platform Nexus Mutual. According to a disclosure by Nexus Mutual, the funds were drained on Monday morning UTC by compromising Karp’s personal […]
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Decentralized exchange LINKSWAP reaches $10 million total value locked in its first week as the Ethereum DEX market competition heats up. LINKSWAP, a decentralized exchange (DEX) on Ethereum (ETH) has become the eighth-largest DEX by total value locked (TVL) on Dec. 14, a week after its launch. YFL, the governance token of the DEX, has […]
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A pair of hackathons from two fast-rising blockchain projects augur more composability, interoperability, and tooling for DeFi On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, […]
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Bitcoin may never be a widely used medium of exchange, but it has become a useful store of value, former critics concede in 2020. Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction. That’s why recantations — that is, public acts of refuting a […]
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Traders and developers are trending towards greater DeFi depositor protections in unison On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely […]
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