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Uniswap Has Its First Governance Proposal

14 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

The first governance proposal on Uniswap is currently underway, with DeFi platform Dharma behind the first proposal, according to a tweet posted on October 13. The proposal sees the governance community vote on quorum and proposal thresholds, which...

DeFi Pulse Introduces Safety Rating Metric

14 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

DeFi data platform DeFi Pulse has launched a new safety rating metric in partnership with digital asset modeling platform Gauntlet, according to an announcement made on October 14. DeFi Pulse and Gauntlet launched the alpha version “Economic Safety...

Russia Blocks P2P Exchange LocalBitcoins

14 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Russia's telecom regulator has blocked P2P Bitcoin trading website LocalBitcoins, according to reports from various sources. Telecom regulator Roskomnadzor has banned access to the LocalBitcoins domain; some media outlets have reported that this has...

Brave is the Highest Rated Browser on the Play Store

13 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Privacy-focused Brave browser has become the highest rated browser on the Google Play Store, offering yet another sign of the browser’s popularity. Brave is rated 4.8 out of 5, followed by DuckDuckGo at 4.7 and Microsoft Edge at 4.5 In its short lif...

China 'Airdrops' $1.5M in Digital Yuan to Its Citizens

13 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

China’s state-run bank, the People’s Bank of China, has airdropped $1.5 million worth of Digital Yuan to its citizens in a large scale lottery that was organized in the first week of October. 50,000 citizens, selected at random, were each given 200...

Grayscale's ETH Trust Becomes an SEC Reporting Company

13 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Digital asset management firm Grayscale Investments has made its Ethereum Trust an SEC reporting company, according to a press release made on October 2. Grayscale’s Ethereum Trust is the firm’s second trust to be an SEC reporting company, the first...

Aave Raises $25M in New Funding Round

13 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized lending protocol Aave (AAVE) has raised $25 million in a new funding round. Aave raised $25 million from investors such as Blockchain Capital, Standard Crypto, and Blockchain.com ventures, and others The project has previously raised r...

Ethereum 2.0 Zinken Testnet Launches Successfully

13 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

The most recent testnet for Ethereum 2.0, Zinken, launched successfully on October 12, as reported by Decrypt, which spoke to the Ethereum development team. The Ethereum Foundation live streamed the testnet launch. Ethereum developer Danny Ryan told...

G20 Nations Are Forming a Framework for Stablecoin Use

13 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

The Financial Stability Board (FSB), a global financial authority, has recommended to G20 nations a global stablecoin arrangement for assets like Facebook’s Libra, as announced on October 13. The FSB’s report sets out high level regulation and overs...

Tsunami of Leaders to Invest in Bitcoin, Says Tyler Winklevoss

12 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Gemini exchange co-founder Tyler Winklevoss has made a strong prediction for the cryptocurrency market, tweeting on October 8 that a “tsunami” of big investors would be joining the market. In the tweet, Winklevoss referenced the $425 million investm...