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“# Smart contract standards: Making DeFi transactions on Ethereum more secure ” Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors. Yet while the DeFi space has been progressing over the last year, a number…
“# Poloniex exchange goes down on the brink of new Bitcoin all-time high ” With a new all-time price high in sight for Bitcoin, crypto exchange Poloniex recently went offline. “Poloniex is currently unavailable due to an unexpected issue,” the exchange’s customer support Twitter page said on Friday. “We are investigating the issue and will…
“# Fake Uniswap app on Google Play Store has already lost one user $20,000 ” A fraudulent mobile application claiming to be the Uniswap exchange has reportedly stolen money from an investor, offering an important reminder of the scams that still pervade the nascent cryptocurrency industry. Alex Saunders, founder and CEO of the Australia-based Nuggets…
“# Tim Draper, Pantera Capital back new crypto derivatives exchange ” Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors. Crypto derivatives platform Globe has raised $3 million in seed investments to launch its Globe…
“# First company-sponsored Bitcoin retirement plans launched in US ” U.S.-based asset manager, Digital Asset Investment Management (DAiM), has launched the country’s first employer-sponsored 401(k) retirement plans supporting Bitcoin. According to a Nov. 19 announcement, DAiM will serve as the advisor and fiduciary in helping companies “create a 401(k) plan that offers several recommended model…
“# Poker network now gives ‘95% of payouts’ in Bitcoin — around $160M monthly ” Winning Poker Network, an online network that supports numerous online poker websites across the world, has reported a surge in demand for Bitcoin payouts. In an Nov. 19 report from Bloomberg, the CEO behind Winning Poker Network, or WPN, said…
“# Attack of the vampires: Uniswap loses 57% TVL as rivals up rewards ” With leading decentralized exchange Uniswap having ceased its yield-farming incentive program, rival automated market makers 1inch, SushiSwap and Bancor are snapping up liquidity providers with targeted rewards. On Nov. 17, the same day that Uniswap’s rewards ended, the cloned AMM SushiSwap…
“# Dell-owned VMware launches enterprise-focused blockchain ” Major cloud computing and virtual machine firm VMware has launched VMware Blockchain, an enterprise-ready blockchain platform. The billion-dollar company, owned by Dell, first teased the blockchain’s development in 2018, through its Project Concord, promising an enterprise-grade platform that can enable secure inter-organization data sharing. VMware joins the ranks…
“# Everything The Felder Report got wrong about Bitcoin ” Bitcoiners are crying foul at former billion-dollar hedge fund manager Jesse Felder’s “inaccurate” hot take blog post about Bitcoin today in which he claims the crypto asset “doesn’t make sense as an investment nor as a currency alternative.” Bitcoiners seemed taken aback by the number…
“# Binance hires Trump lawyer who helped put Gawker Media out of business ” In a lawsuit filed today in the U.S. District Court of New Jersey, Binance alleged that an article published by Forbes was defamatory and caused “millions of dollars” in damages. While there are already questions forming around the merits of the…