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RyanAir CEO: I Would Never Invest in Bitcoin

25 Aug 2020 1 minute read 1 comment Abhimanyu Krishnan

RyanAir CEO Micheal O’Leary has no interest in Bitcoin or cryptocurrencies, according to statements made in an interview with the Times on August 23. O’Leary said to  “avoid Bitcoin like the plague” and called it a ponzi scheme O’Leary’s likeness wa...

Balancer Approves Liquidity Staking Incentive

25 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 23, automated market maker Balancer (BAL) passed a governance proposal that introduces BAL liquidity staking on the platform. The goal of the amendment is to increase liquidity and accelerate protocol decentralization by allowing “non-shar...

Aave Now Has the Highest TVL, Almost Tripling Since the Start of August

25 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized lending and borrowing platform Aave (LEND) has nearly tripled the total value locked in the protocol since the start of August, according to DeFi data platform from DeFiPulse. Aave has overtaken Maker in terms of the total value locked...

DeFi Aggregator Bella Protocol Raises $4M

25 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

DeFi aggregator Bella Protocol has raised $4 million in a seed funding round led by Arrington XRP Capital, according to a press release issued on August 25. Bella Protocol is designing an all-encompassing platform that covers a range of DeFi service...

Swiss DeFi Data Aggregator Raises $15M

24 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

DeFi data aggregator DIA has raised $15 million through its governance token sale, according to a press release issued on August 21. The platform is an open-source platform for community-drive oracles. The Zug-based company said that this was the fi...

Dave Portnoy Doesn't Trust Bitcoin at All

24 Aug 2020 1 minute read 3 comments Abhimanyu Krishnan

Barstool founder Dave Portnoy, who was persuaded by the Winklevoss twins to invest in cryptocurrencies, has changed his stance on the asset class after making a considerable loss. Portnoy posted a video on Twitter on August 21, where he talked about...

Biggest Bitcoin Farm is Being Built in Kazakhstan

24 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Mining facility operator Enegix will be building one of the biggest Bitcoin (BTC) mining farms in the world in Kazakhstan, according to a CoinDesk report published on August 21. Enegix will open a 180 megawatt data center for mining pools in Septemb...

Satoshi Used One PC to Mine 1.1M Bitcoins

24 Aug 2020 1 minute read 5 comments Abhimanyu Krishnan

Sergio Dermain Lerner, a researcher who has extensively analyzed the mining habits of Satoshi Nakamoto, posted his latest findings via a blog post on August 22. Lerner suggests that Satoshi could have been a single individual who used just one comput...

With Bug That Led to $371K Hack Fixed, Opyn Launches YFI and WETH Options Contracts

24 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Ethereum (ETH) options issuance platform Opyn has launched two new put contracts, only a few weeks after it suffered a hack that saw $371,000 siphoned. The team announced on August 21 that it had thoroughly stress tested and vetted the protocol. Opy...

1inch unveils 1INCH token and Mooniswap Liquidity Mining

24 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

On August 22, DEX aggregator 1inch revealed its native governance token 1INCH alongside a Mooniswap liquidity mining incentive.  1INCH will serve as a governance token; the token can be staked for network security and be used in governance of specif...