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“# DeFi coverage protocol expands protection against centralized exchange hacks ” DeFi coverage protocol Nexus Mutual expanded the list of centralized exchanges eligible for incident protection. Users trading on Binance, Kraken, Coinbase and Gemini are now able to buy protection in the event of an exchange hack or prolonged withdrawal downtime. The project announced the…
“# Bakkt has no plans to support XRP, says CEO ” Bakkt, one of the biggest cryptocurrency companies in the United States, will not support XRP as part of its further product development, according to the CEO. On Jan. 11, Bakkt CEO Gavin Michael sat down with the Axios Re:Cap podcast to discuss the mainstream adoption of…
“# XLM re-enters top-10 coins by market cap after surging nearly 30% ” Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LINK) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko. At publishing time, Stellar’s market cap amounts to $6.6 billion, while LINK and BNB’s market…
“#Big Tech stocks plunge as backlash against Silicon Valley grows” Big Tech stocks tumbled Monday amid a growing backlash against Silicon Valley’s crackdown on President Trump and his supporters. Twitter shares plunged as much as 12 percent to $45.17 in the first trading session after it booted Trump from the platform on Friday, saying his account posed…
“#This month’s Paris Fashion Week goes totally digital” PARIS — Ending the confusion over the fate of Paris Fashion Week, French fashion’s regulatory body has said that this month’s Paris men’s and haute couture shows will be strictly audience-free over coronavirus fears. The Fédération de la Haute Couture et de la Mode has told luxury…
“# Binance and Orbs sponsor new accelerator for DeFi startups ” Orbs, an Israeli blockchain company building a public blockchain infrastructure project, and Binance, announced Monday the launch of a new accelerator for the DeFi ecosystem. Named DeFi.org, the accelerator focuses on supporting research and development of open-source software and community development in the DeFi…
“# Aragon merges with Vocdoni to improve governance for DAOs ” Aragon, a platform specializing in managing decentralized autonomous organizations, announced a merger with the Vocdoni protocol, a blockchain voting and governance solution provider. Unlike the Yearn.finance mergers, this acquisition has a much more traditional nature. Aragon has acquired Dvote Labs OU, the company behind…
“# Ethereum layer-two network to offer batched Tether payments ” Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday. As part of the collaboration, batched USDT transactions will be possible once the Hermez network officially launches in early 2021. David Schwartz, project lead at…
“# IOTA blockchain used to track COVID-19 test results at Frankfurt Airport ” Early on in the pandemic, the heightened need for various biosurveillance measures sparked interest in the relevance of privacy-enhancing technologies such as blockchain that could protect public health data amid the crisis. An individual Twitter user claimed last week that Frankfurt Airport’s…
“# State-owned Chinese bank rolls out ATMs for digital yuan ” China’s efforts to develop a centrally-issued digital currency took a leap forward on Sunday as the state-owned Agricultural Bank of China launched the first digital yuan ATMs. Customers at select branches within the Shenzen region have reportedly begun spending and converting the digital yuan…