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Yield (YLD) Reveals Token Supply Dashboard in Run-up to Mainnet Launch

26 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

On Jan. 26, P2P lending Dapp Yield Credit (YLD) launched a new supply dashboard for users to keep track of the token’s dynamic supply. The YLD supply dashboard is a calculator that helps users monitor the token’s supply as it reacts to the project’s...

Balancer Launches Pilot for Gas Reimbursement

26 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Automated Market Maker (AMM) Balancer has launched a new pilot for a gas reimbursement program, which will test the reimbursement of gas fees for select trading paris, the team announced on Jan. 26. The gas reimbursement program will partially reimb...

Unstoppable Domains Launches Grant for IPFS Projects

26 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Decentralized domain naming services Unstoppable Domains has launched a grant for projects that utilize the InterPlanetary File Sharing (IPFS) network, the team announced via blog post on Jan. 23. The IPFS Innovation Grant is aimed at supporting the...

NFT of a CryptoPunk Sells for $700K+

25 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

A new NFT, one piece in a series called CryptoPunks, sold for $700,000 (at the time) on Jan.23, marking yet another major sale in the burgeoning Non-fungible token (NFT) market. Punk 2890, the title of the artwork, was purchased for 605 ETH or $855,...

Uniswap Fees Surpasses Bitcoin in Day Fees

25 Jan 2021 1 minute read 3 comments Abhimanyu Krishnan

The Uniswap DEX is seeing unprecedented demand as the bullish market sentiment continues, with fees generated on the platform exceeding that of Bitcoin on Jan. 25. Uniswap has generated $2.30 million in the last 24 hours, while Bitcoin is almost hal...

MicroStrategy to Host Conference to Help Other Businesses Invest in Bitcoin

25 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

Microstrategy CEO Michael Saylor, in an interview with CNBC on Jan. 23, said that Microstrategy will host a conference on Feb 3., where the company will help other corporations enter the crypto market. Called ‘Bitcoin for corporations’, Saylor said...

Jack Dorsey-Backed BlueSky Working on Decentralized Twitter Initiative

25 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

BlueSky, a group of open source developers backed by Twitter, provided an update on the progress of the  project on Jan. 21, indicating that it has taken steps towards creating a decentralized social media platform. BlueSky was first announced in De...

BlackRock Can Now Offer Bitcoin Futures in Two of Its Funds

22 Jan 2021 1 minute read 21 comments Abhimanyu Krishnan

On Jan. 20, BlackRock Capital filed prospectus documents with the US SEC to include Bitcoin derivatives in two of its investment products. BlackRock has provided support for Bitcoin futures buys for its BlackRock Global Allocation Fund Inc. and Blac...

Kyber 3.0: Architecture Revamp, Dynamic MM, and KNC Migration Proposal

22 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

The Kyber Network (KNC) team, in a blog post published on Jan. 21, outlined the changes that will accompany the Kyber 3.0 upgrade, which aims to adapt to DeFi trends and facilitate more innovation. The Kyber 3.0 upgrade will see Kyber move from supp...

PornHub Adds XRP, BNB, DOGE and USDC as Payment Options

22 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan

Adult entertainment site PornHub has added support for payments in XRP, BNB, DOGE and USDC, as of Jan 21. With over 3 billion monthly visitors, PornHub stands to gain a lot from cryptocurrency payments, especially after the suspension of Visa and Ma...