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Pooled Liquidation and Arbitrage DeFi Protocol KeeperDAO Goes Live

21 Jul 2020 1 minute read comments Abhi K

Pooled liquidation and arbitrage protocol KeeperDAO has launched, the team announced on July 18.  KeeperDAO is an on-chain liquidity underwriter, “acting as a proxy volatility fund” that provides a liquidity backstop for lending and synthetic asset...

Whale Alert Uncovers Satoshi's Fortune

21 Jul 2020 1 minute read comments Abhi K

Blockchain analytics provider Whale Alert has uncovered all of Satoshi Nakamoto’s mined Bitcoin (BTC), as revealed in a blog post published on July 20. The provider had made an effort to see which blocks had been mined by the Patoshi miner - and drew...

ConsenSys Report: 78% of ETH Supply in Wallets Valid for Staking, Security Changes Recommended

20 Jul 2020 1 minute read comments Abhi K

Blockchain software development company ConsenSys published its latest edition of the Ethereum 2.0 Economics review on July 16, a report which examines the state of the Ethereum (ETH) network as it prepares for the Ethereum 2.0 upgrade. It was author...

Balancer Launches Governance Polls and Voting

20 Jul 2020 1 minute read comments Abhi K

Balancer Labs has completed its first round of governance polls for the Balancer (BAL) network, the team announced via Twitter on July 18.  Balancer is a money market protocol through which users can contribute liquidity and consequently earn a port...

Grayscale's Bitcoin Purchases Have Stopped

20 Jul 2020 1 minute read comments Abhi K

Grayscale investment has not purchased a single Bitcoin (BTC) in roughly 3 weeks, as inferred by documentation submitted to the United States Securities and Exchange (SEC). The digital asset management firm would submit a weekly filing to the SEC tha...

Justin Sun Offers $1M Bounty for Information on Twitter Hackers

20 Jul 2020 1 minute read comments Abhi K

TRON (TRX) CEO and founder Justin Sun has offered a $1 million bounty for any usable information on the identity of the individuals behind the massive twitter hack that occurred on July 15. Sun announced the bounty via the BitTorrent account, which T...

PayPal Rumoured to Have Chosen Paxos for Crypto Services

20 Jul 2020 1 minute read comments Abhi K

PayPal is rumoured to have chosen Paxos (PAX) to facilitate its cryptocurrency services, according to two sources of CoinDesk. Neither PayPal nor Paxos has offered a comment following the story’s publishing. In June 2020, reports emerged that PayPal...

DeFi Credit Score Protocol Teller Raises $1 Million

17 Jul 2020 1 minute read comments Abhi K

Newly formed DeFi lending platform Teller has raised $1 million in a seed funding round, according to a press release published on July 16. The startup was incubated by Andreessen Horowitz’s a16z incubator. Investment was led by Framework Ventures, w...

Aave Adds Support for Enjin and REN, and Brings Fiat Onramps

17 Jul 2020 1 minute read comments Abhi K

On July 17, DeFi lending and borrowing platform Aave (LEND) announced several new changes to its platform, including listing the Enjin (ENJ) and Ren (REN) assets. In addition, it has introduced fiat onramps and updates to its risk parameters.  The a...

Crypto Custody Platform Curv Integrates Compound Finance (COMP)

17 Jul 2020 1 minute read comments Abhi K

Cryptocurrency custody platform Curv has integrated Compound Finance (COMP) into its platform, according to an announcement made on July 16. Curv provides institution grade custody solutions, with customers including eToro, Franklin Templeton Investm...