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MetaMask Introduces Token Swap Feature

7 Oct 2020 1 minute read 14 comments Abhimanyu Krishnan

On October 6, ConsenSys announced that the MetaMask wallet has received a new token swap feature that lets users make swaps within the browser wallet. ConsenSys-owned MetaMask’s new token swap features finds the best prices across a range of platfor...

HSBC Announces Launch of the "Decentralized" Finance Platform Contour

7 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

A consortium of banks, including BNP Paribas, Citibank, HSBC, and Standard Chartered, launched the Contour trade finance platform on October 5.  Contour is a blockchain-based trade finance platform that digitizes processes across a variety of assets...

Ren Protocol Adopts Chainlink's Tech to Improve renBTC's Transparency

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

On October 5, Chainlink (LINK) announced that the Ren (REN) protocol will use its proof-of-reserve solution to improve the transparency and auditability of cross-chain assets. RenVM will use the Proof-of-Reserve to audit its cross-chain assets; init...

Uniswap Can't Keep Up With New Integrations

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Uniswap (UNI) creator Hayden Adams said over Twitter in late September that the team was unable to keep up with the sheer volume of new integrations. Adams was responding to a tweet from user who asked if there were any “semi-obscure integrations” w...

$50K Per BTC, Says Adam Back, Creator of Hashcash System Used in Bitcoin

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Blockstream CEO Adam Back has offered his price target for Bitcoin (BTC) in 2022 over Twitter on October 5, saying that the 1 BTC could be worth $50,000 in two year’s time. Back offered a “conservative” estimate, saying that BTC’s market cap would h...

Stellar CEO to Discuss Cross-border Payments at IMF Conference

6 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Stellar CEO Denelle Dixon will be one of four panellists discussing cross-border payments at an International Monetary Fund (IMF) conference that will take place on October 19. Dixon will discuss the current pain points of cross-border payments and...

MetaMask Crosses 1M Monthly Active Users Thanks to DeFi

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Browser extension MetaMask has crossed 1 million monthly active users, according to a blog post published by the team on October 2, growing over 400% in approximately 18 months. MetaMask has crossed 1 million monthly active users across its desktop...

John McAfee Arrested for Tax Evasion, Also Sued by SEC for Securities Violation Charges

6 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Spanish authorities have arrested entrepreneur and cryptocurrency proponent John McAfee, according to an announcement by the US Department of Justice (DoJ) on October 5. The DoJ levied charged of tax evasion against McAfee, while the US SEC separatel...

Top DeFi Protocol Migrates Token From $LEND to $AAVE

6 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized lending protocol Aave (AAVE) has completed its tokenomics upgrade and converted its LEND tokens to AAVE, according to an announcement made on October 2.  The vast majority of token holders voted in favour of the Aavenomics upgrade, whi...

Decentralized Uniswap Has More Volume Than Coinbase

5 Oct 2020 1 minute read 3 comments Abhimanyu Krishnan

The Uniswap (UNI) DEX now handles more daily volume than popular US-based exchange Coinbase, according to data from September available on Dune Analytics. Monthly DEX volume for Uniswap was $15.3 billion in September as opposed to Coinbase’s $13.6 b...