May 22, 2020

Daily Archives

Latest news

  • This Week in DeFi – May 22nd

    To Our DeFi Community,
    Another week in the books chock-full of progression and innovation! This Week in #DeFi @UniswapProtocol launches V2 @argentHQ rolls out DeFi update @UMAprotocol releases first synthetic token @TheRealBlockFi experiences data breach @WrappedBTC surges on Ethereum
    Onwards! https://t.co/qeABYTzRFk
    — DeFi Rate (@DefiRate) May 22, 2020 This week featured the launch of two new, key products for the DeFi ecosystem. First and foremost, one of Ethereum’s favo… … More

  • What Happens to My ETH on Ethereum 2.0?

    Ethereum 2.0 is launching in 2020. And no, you don’t need to do anything with the ETH you’ve bought over the years.In 2020, the first phase of the Ethereum 2.0 network will go live. Called Phase 0, this initial evolution of the 2.0 network will launch the beacon chain and enable the Proof of Stake consensus mechanism.The whole blockchain ecosystem, and Ethereum in particular, has evolved considerably in its early years, with a lively history of hard forks, airdrops, ICOs, wrapped tokens, and tok… … More

  • Wrapped Bitcoin (WBTC) Growth Drives Maker DAI Supply to Near ATH

    For anyone who’s been keeping an eye on the growing trend of Bitcoin making it’s way to DeFi, you’ve surely seen the recent surge in wBTC driving the creation of new Dai. $WBTC in @MakerDAO just exploded pic.twitter.com/nuCGyGrSi1
    — DeFi Pulse (@defipulse) May 20, 2020 For those who missed it, Maker recently added support for wBTC as collateral, marking the fourth asset support outside of ETH, BAT and USDC which can be used to mint new Dai. While many were skeptical t… … More

  • /r/EthTrader DONUTS Surge Following Reddit Launch & Issuance Halving

    In the past week, Reddit’s Community Points announcement has brought a significant amount of attention to the Ethereum and DeFi ecosystem. Wow. @reddit mobile app now has an integrated Ethereum wallet and they’ve launched community currencies!
    r/FortniteBR & r/Cryptocurrency will distribute tokens to contributors, the value of which derives from paid memberships, tipping & badges!
    Amazing onboarding story too! pic.twitter.com/OGCt14p6LG
    — Jesse Walden (@jessewldn) May 14… … More

  • DAO Legal Battle: Aragon vs Autark Community Grant Dispute

    When it comes to the growing DAO movement, virtually all of our coverage has been sunshine and rainbows. With the rare exception of DigixDAO, we’ve yet to see any major contention when it comes to distributed communities fighting for a common goal. However, we just saw one of the first major DAO disagreements in the form of a legal dispute between Aragon – a leading DAO provider – and Autark, a project building coordination tools for digital cooperatives. 1/ Today, we disclose… … More

  • Aave x Token Terminal: Interview with Stani Kulechov

    In this blog series we interview founders in the crypto space to learn more about what’s going on with their projects.We sat down with Stani Kulechov, CEO of Aave. Aave is a protocol for earning interest on your deposits and borrowing assets. Recently, Aave surpassed $70M in market size.BackgroundAave is a decentralized money market protocol where users can earn interest on deposits and borrow assets. Aave is open-source, so our code is freely available and anyone can build on it.We currently su… … More

  • Volatility and Correlation: Bitcoin vs Gold, Fiat, and Equity Markets

    By Sacha Ghebali and Olivier MammetFollowing the effects of COVID-19, market volatility has gone up over the past months. After strong market swings at the end of the second week of March, investors and politicians are still facing uncertainty on the repercussions of the health crisis on the economy. How does historical volatility compare across asset classes? Assets taken from crypto, gold, FX and equity markets are analyzed from January to May 2020.Main takeawaysWhilst the historical volatilit… … More

  • Executive Vote: Change the Stability Fee Structure and Raise the USDC Stability Fee

    The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to approve the following alterations to the protocol: Change the Stability Fee Structure to allow a negative Base RateRaise the USDC Stability Fee from 0% to 0.75% The Executive Vote (FAQ) will continue until the number of votes surpass the total in favor of the previous Executive Vote. This is a continuous approval vote. Review These cha… … More

  • Ethereum Has a Popularity Problem: Fees Are Spiraling Higher

    Hello Defiers and happy Friday! Here’s what’s going on in DeFi:Transaction fees are surging on EthereumBitcoin in DeFi surged by 5x in one dayOver half of ZRX holders are making money after rally“Hand of God” comes to Ethereumand more :)The open economy is taking over the old one. Subscribe to keep up with this revolution.Subscribe now🎙Listen to this week’s podcast: Interview with the Winklevoss twins🙌 Together with Eidoo, a cryptocurrency-power… … More

  • Our Network: Issue #22

    Click here to join the Our Network telegram chat. Welcome to Issue #22 of Our Network, the newsletter about on-chain analytics that reaches almost 2000 crypto investors every week.This week our contributors are back covering DeFi:0xdYdXKyberUniswapWBTCI am an active DeFi investor and user myself, and something I have been thinking a lot about lately is just how quick this ecosystem is maturing. It’s a lot faster than people realize. A year ago, I would have agreed with many of the skeptics… … More

  • Friday Open Thread: why don’t your friends use crypto?

    Why don’t your friends use crypto?What’s preventing DeFi from going mainstream?Let’s talk about the barriers. Too hard to use? Too confusing? Too scary? Missing something?Is the banking system “good enough” for most people?Will crypto have its Netscape moment?I want to hear what you think. Why don’t your friends use crypto?(Above) The ‘Netscape Moment’ from Netscape’s 1995 annual report … More

  • The Economic Restart Will Be Full Of Starts And Stops

    To investors,There are various geographic regions that are beginning to open their economies. Some are choosing to take a phased approach that sees different subsets of the economy turned back on one by one. Others are choosing to simply go from “shelter in place” to “economy fully open.”I will leave the nuances of re-opening the economy to the healthca… Read more … … More