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“# Grammy winner Portugal. The Man launches fan token on Ethereum blockchain ” Grammy Award-winning American pop-rock band “Portugal. The Man” has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token will reportedly grant fans exclusive access to various events and perks, including a livestream party, previously unreleased…
“# Ethereum eyes new all-time high after bears unable to sink ETH below $900 ” Bitcoin’s (BTC) price saw a significant 28% correction during the week from $41,000 to $30,000. At the same time, Ether (ETH) also saw a drop of 32%. The recent high for ETH/USD was $1,350 — or about $70 shy of…
“# Gnosis receives $2.3B Ethereum in a day, now 3rd largest ETH holder with 2.2% of supply ” Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday — worth over $1.7 billion at the time of the transaction. Although…
“# Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch ” The Cream Finance project, a lending protocol that recently merged into the Yearn ecosystem, announced the upcoming launch of its Iron Bank feature, a name inspired by the once-popular TV show Game Of Thrones. Cream’s Iron Bank is an attempt to create…
“# Exodus of key staff from Aragon amid philosophical differences ” It’s been a rough week for the Aragon governance platform where philosophical differences have brought about a long list of resignations. Aragon co-founder Jorge Izquierdo announced on Jan. 11 he would no longer be working as CEO of the for-profit Aragon One, a company…
“# The Ethereum network is being turbocharged by layer-two solutions ” The number of decentralized exchanges running layer-two solutions is growing as the Ethereum network struggles to keep up with its own popularity. As excessive Ethereum gas prices continue to hamper smaller transactions and operations on the network, the number of faster and cheaper options…
“# DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance ” The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are making gains based on solid tech developments and…
“# Price analysis 1/13: BTC, ETH, XRP, LTC, ADA, BCH, DOT, XLM, LINK, BNB ” The top 100 richest Bitcoin (BTC) addresses have added 334,000 Bitcoin to their existing holdings over the past 30 days, a clear signal that whales and institutional-size investors bought the dip. A positive sign is that most of them have…
“# 3 key reasons why the DeFi sector is booming again ” Data from Messari shows that over the past 30 days, the majority of tokens listed on the site’s DeFi Assets index have rallied by more than 20%. A few standouts such as Maker’s MKR, Synthetic Network Token (SNX) and SushiSwap’s SUSHI gained more…
“# Yearn proposes “buyback and build” strategy for YFI holders ” The Yearn.finance community is introducing a proposal to reform the current token economics of YFI. Popularly called “buyback and build,” the proposal aims to bolster the project’s treasury while also generating value for all stakeholders. Its list of authors includes Yearn core developers Banteg,…