Finance Redefined: The curious implications of algorithmic stablecoins, Dec. 2–9

Some stablecoins are more useful than others. This is the latest issue of Finance Redefined, Cointelegraph’s DeFi-centric newsletter delivered to subscribers every Wednesday. A relatively quiet week in DeFi finally has given me some breathing room to talk about a subject I’ve been postponing since almost the beginning of this newsletter, namely: What’s up with […]

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PowerPool launches ‘meta-governance token’ for Yearn ecosystem

Powerpool has launched an index and meta-governance token for the recently consolidated Yearn.finance ecosystem. PowerPool, a project exploring the utility of Ethereum-based governance tokens, has launched YETI — an index and “meta-governance” token for the Yearn.finance ecosystem. YETI was conceived by Messari’s Ryan Watkins, who published the proposal for a Yearn Finance ecosystem index token […]

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‘Low income’ Oyster Protocol founder allegedly has $10M yacht full of gold bars

The founder of Oyster Protocol has been arrested and charged with operating a multimillion-dollar tax evasion scheme. Amir Burno Elmaani, the founder of the now defunct cryptocurrency scheme Oyster Protocol, has been arrested and charged for what the Department of Justice describes as a “multimillion-dollar tax evasion scheme.” On Dec. 9, the DoJ announced it […]

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