May 20, 2020

Daily Archives

Latest news

  • Coinbase Custody launches staking for Cosmos

    Coinbase Custody clients now have the ability to use their Cosmos assets to earn rewards through staking without having to put their funds at risk.By Bryce Ferguson, Product Manager, Coinbase CustodyCoinbase Custody was the first crypto custodian to offer staking and active governance for digital assets held in safe, offline storage. This means that our clients can earn rewards through staking activities and vote without having to put their funds at risk. We are excited to announce that we now p… … More

  • UMA Lauches First Priceless Synthetic Token: ETHBTC Backed by DAI

    UMA – a sector-rising derivatives protocol – has just released its first priceless synthetic token – ETHBTC – on mainnet. ETHBTC Synthetic Token is LIVE on Mainnet This is the first “priceless” synthetic token created using UMA’s infrastructure. You can now bet on ETH outperforming BTC—tokens are on Uniswap v2.
    Read on for details + why this is important for #DeFi …
    — UMA (@UMAprotocol) May 20, 2020 For those unfamiliar … … More

  • What Is Proof of Stake?

    Ethereum 2.0 will bring the move from Proof of Work to Proof of Stake. Proof of Stake offers unique revenue-generating capabilities to ETH holders.Explore our Ethereum 2.0 Knowledge Base for Eth2 FAQs, resources, and more.In 2020, the first phase of Ethereum 2.0 will go live, marking an overhaul of the existing Ethereum 1.0 blockchain and notable improvements in scalability and accessibility. The core of the Ethereum 2.0 architecture is the Proof of Stake (PoS) consensus mechanism, which will re… … More

  • 3 Things DeFi can learn from the Financial Crisis

    Level up your open finance game three times a week. Subscribe to the Bankless program below.Subscribe nowDear Crypto Natives,Yeah, it’s easy to quantify the interest in the DeFi protocol you’re using but are you quantifying risks?Or are you just chasing yields?There’s a good reminder for us in today’s article.Just because it’s open finance doesn’t mean it’s not prone to the same structural risks of traditional finance. The question is—wha… … More

  • SAI Governance, Infura Livestream, MyCrypto Q&A

    Welcome to the Compound newsletter. Join our community and discuss on Discord or Twitter!Proposal 003: Limiting SAIFollowing MakerDAO’s shutdown of SAI, members of the Compound community debated and proposed that the protocol gradually deprecate the legacy stablecoin SAI.Proposal 003 reduces the SAI Collateral Factor from 75% to 65% (making it less useful to borrow against), and increases the Reserve Factor from 10% to 100% (the portion of interest set aside as reserves). The proposal succeeded … … More

  • The “Bailout” for Everyone Else—Maker and Dharma Partner to Stimulate the Meme Economy

    Share a Meme, Get Dai The world is in quarantine, people are not permitted to work, and governments are doing what they can to keep the economy afloat during the Covid-19 pandemic. In the United States, the Federal Reserve is buying back securities to add money to the economy. That tactic, called “quantitative easing,” is done so that banks will then loan money to those who need it at lower rates. That loaned money would be used to make purchases, which would, in turn, stimulate the global m… … More

  • dYdX Becomes Largest DEX by Trading Volume Thanks to BTC Derivatives

    Hello Defiers! Yesterday, centralized crypto has a horrible day with BlockFi leaking users’ information (something that just can’t happen in DeFi because users control their data), while BitMEX was down. But DeFi kept growing. Here’s what’s up:dYdX’s BTC perpetual swaps are surgingDXdao’s Decentralized fundraiser crossed $1M markIdle Finance upgrades pl… Read more … … More

  • The Disruptors And The Disrupted

    To investors,The coronavirus pandemic has accelerated a number of trends that were already underway before the health crisis. We are seeing physical retail stores buckle under the economic pressure, while we continue to see e-commerce giants accelerate. The idea of remote work has gone from a niche approach by a small number of companies to something th… Read more … … More