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Yearn Finance to Launch V2 This Week

27 Jul 2020 1 minute read comments Abhi K

Liquidity aggregator yEarn, which launched the YFI token on July 17, is preparing to release a new version of their platform, according to an announcement published on July 24.  yEarn.finance v2 will launch in 3-4 days, and bring the following impro...

Binance Lists MKR and DAI

24 Jul 2020 1 minute read comments Abhi K

Binance has listed the MKR and DAI tokens, according to an announcement made on July 23. The two assets will each be paired against Bitcoin (BTC), Binance Coin (BNB), Binance USD (BUSD) and Tether (USDT). A Binance spokesperson said that the exchange...

Legendary Chess Player Garry Kasparov Supports Bitcoin

24 Jul 2020 1 minute read comments Abhi K

Former World Chess Champion, writer and political activist Garry Kasparov has spoken in favour of Bitcoin (BTC), as heard in a July 23 interview with Forbes.  Kasparov commented on the general use of cryptocurrencies, the overblown fears surrounding...

CoinMarketCap Lists BNB as #1 DeFi Token, Removes it Following Backlash

24 Jul 2020 1 minute read comments Abhi K

On July 23, popular market data tracker CoinMarketCap briefly listed the Binance Coin (BNB) at the top of its DeFi section, before removing it only a few hours later following public disapproval. Binance acquired CoinMarketCap in March 2020, which se...

Steve Wozniak Joins Ripple in Suing YouTube for Giveaway Scams

23 Jul 2020 1 minute read comments Abhi K

Apple co-founder and technology entrepreneur Steve Wozniak has filed a lawsuit against YouTube for giveaway scams, according to an announcement by law firm Cotchett, Pitre & McCarthy, LLP published on July 22. The complaint also notes that similar sc...

Aragon Liquidity Program Starts Today

22 Jul 2020 1 minute read comments Abhi K

On July 21, the Aragon (ANT) project announced that its ANT liquidity rewards program is live and will begin counting rewards from July 22 at 3 PM UTC, marking the project’s first step into liquidity rewards. Liquidity providers for the ANT-ETH pair...

YouTube Finally Responds to Giveaway Scams

22 Jul 2020 1 minute read comments Abhi K

In a report published by Law360 on July 21, YouTube has responded to a lawsuit filed by Ripple and its CEO Brad Garlinghouse that demanded that YouTube take action for XRP giveaway scams. The legal team of the video platform denied that it had any li...

Mastercard Accelerates Its Program for Crypto Companies

22 Jul 2020 1 minute read comments Abhi K

Mastercard announced on July 20 that it would expand its cryptocurrency program, which would subsequently make it simpler and faster for compliant payment cards to enter the market. It also revealed that Wirex had become the first cryptocurrency plat...

New DeFi Token YFI Looking at Yields of 1000% APY

22 Jul 2020 1 minute read comments Abhi K

Newly formed DeFi platform yEarn launched its token YFI on July 17 - and yields are currently standing at 1000%. The protocol has seen a total locked in value of over $480 million with the YFI token rising by 80 times, reaching as high as $2,324. It...

Final Ethereum 2.0 Testnet to Launch on August 4

22 Jul 2020 1 minute read comments Abhi K

Ethereum platform launch organizer Danny Ryan has revealed that the final public testnet for Ethereum 2.0 will launch on August 4, according to a posting on a Discord channel. The testnet is expected to be running until at least November, as these te...