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“# Finance Redefined: Uniswap V3 is here, but was it worth the wait? March 17–24 ” Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. Uniswap V3 was publicly announced yesterday and I didn’t really get a chance to write about it, so I wanted to dedicate this newsletter to a review…
“# Price analysis 3/24: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments into fiat but will add to its existing treasury…
“# Ethereum derivatives lean bullish even as ETH price sits at a key support ” Ether (ETH) lost the $1,750 support on March 22, which marked a 7% loss and $230 million worth of futures contract liquidations. It has been holding near the strong support at $1,670, although investors are unwilling to open new long…
“# VCs bet big on layer-two as StarkWare raises a staggering $75 million ” As Ethereum gas fees soar and the demand for scalability reaches fever pitch, layer-two scaling solution has announced today a $75 million Series B funding round led by Paradigm, Three Arrows, Alameda Research, Pantera Capital, and Sequoia, among others. The team…
“# Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities ” Ethereum co-creator Vitalik Buterin believes NFTs can be applied to socially relevant causes such as charities and funding public goods, but not while the technology is still viewed as a “casino that largely benefits already-wealthy celebrities.” The author…
“# Hermez Network launches zk-rollups on Ethereum mainnet to process cheap payments ” Hermez Network has announced on Wednesday the launch of its zk-rollup mainnet release. This means that the network is now open for users, who can benefit from the rollup’s much lower transaction costs than Ethereum. Zk-rollups use zero knowledge proofs to verify…
“# Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report ” A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem. According to the…
“# Coinbase listing effect reemerges as Ankr, Curve (CRV) and Storj rally ” On March 23 the Coinbase listing ‘bump’ reemerged as the exchange announced that it would list Ankr (ANKR), Curve DAO Token (CRV), and Storj (STORJ) on Coinbase Pro. A blog post from the top U.S.-based cryptocurrency exchange stated that inbound transfers for ANKR, CRV…
“# Gambling tokens hit the jackpot as COVID-19 lockdowns drag on ” Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates. Lockdowns and travel restrictions have led to the rise of remote working and altered the way people make…
“# No-collateral lending protocol Teller opens public alpha to NFT holders ” Teller Finance, a project building an undercollateralized lending protocol for decentralized finance, has announced the launch of its mainnet alpha stage. This will enable certain users to obtain credit without requiring to post collateral, which is the case for most other DeFi lending…