In this blog I cover major public blockchain developments, cryptocurrency shifting from speculation to utility, and personal opinions as to how the space will develop going forward.
26 Oct 2020 3 minute read 0 comments CPix
The Good: PayPal enabling cryptocurrency (Bitcoin, Ethereum, Bitcoin Cash, Litecoin) will give 300M+ new users access to price movements of this new asset class. This will be a huge opportunity to educate those who have never used cryptocurrency but...
20 Oct 2020 2 minute read 0 comments CPix
Detailed Tread for Q3 DeFi Data- Jack Purdy. Total DeFi users going through the roof. 600k unique addresses. Because any one person can have multiple Ethereum addresses, a better estimate for the real number of unique users may be somewhere around th...
15 Oct 2020 1 minute read 0 comments CPix
Coinbase has launched an advanced learn to earn opportunity for Compound. To get this extra reward in $COMP Coinbase users can go through the process of lending $USDC (provided by Coinbase) to Compound.finance. Coinbase also sends each eligible user...
12 Oct 2020 8 minute read 0 comments CPix
Bitcoin Treasuries in Publicly Traded Companies Grayscale Bitcoin Trust ($GBTC): 449,596 BTC, ~$5B CoinShares ETP ($COINXBT: SS): 69,730 BTC, ~$770M Microstrategy ($MSTR): 38,250 BTC, ~422M Galaxy Digital ($BRPHF): 16,651 BTC, ~$184M Square ($SQ): 4,...
5 Oct 2020 3 minute read 0 comments CPix
RWAs in MakerDAO From looking at the MakerDAO community forum it appears as though MakerDAO will soon be onboarding Real World Assets (RWA). There have been a couple MIP6 proposals to onboard traditional real world assets into the MakerDAO system to...
29 Sep 2020 6 minute read 0 comments CPix
NFT App If you’re an aspiring artist or just someone who wants to use a new Ethereum application, app.rarible.com is a great place to start. The user interface is easy to use and understand. Rarible allows anyone to mint, buy, or sell an Ethereum Non...
22 Sep 2020 2 minute read 1 comment CPix
Uniswap proved once again how much of a DeFi powerhouse it truly is. After losing over $1B of liquidity to the SushiSwap Vampire Attack a couple weeks back, Uniswap has now attracted a total liquidity back up to near $2B. Gas prices exceeded 750+ gw...
15 Sep 2020 3 minute read 2 comments CPix
I believe it is safe to say DeFi entered into its “Wild West” phase this summer. Since Compound launched the $COMP liquidity mining program for its users, it seems like every token project (Curve, Yearn, Sushi, MEME) has taken advantage of this new d...
31 Aug 2020 2 minute read 1 comment CPix
The largest DeFi protocols are now billion dollar projects. YFI, UMA, and Aave all sit right around $1 billion dollars in market cap value. Not only that but several DeFi protocols have over $1 billion locked up in smart contracts. These valuations...
25 Aug 2020 3 minute read 1 comment CPix
Crypto native insurance is a unique but integral part of the DeFi ecosystem. Without a proper insurance system, most people wouldn’t feel safe locking their funds in a smart contract. The DAO Hack back in 2016 is a prime example. The DAO raised a few...
