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“# Uniswap’s growth lead bites back over Yearn Finance’s SushiSwap merger ” Uniswap growth lead Ashleigh Schap has slammed a recent article from Yearn Finance founder Cronje that criticized forked protocols in the DeFi space, with Schap describing Yearn’s recent merger with SushiSwap as validating a “stolen DApp”. Cronje’s Jan.12 blog post, “Building in DeFi…
“#Biden’s big tech ties and other commentary” From the right: Biden’s Big Tech Ties President-elect Joe Biden is building an administration with ties to all five Big Tech firms that “clamped down this week on President Trump and Parler, a social-media site popular with conservatives,” reports the Daily Caller’s Chuck Ross. At least 14 of…
“#Visa and Plaid call off $5.3B merger citing DoJ pushback” Visa is calling off its marriage with fintech startup Plaid rather than fight the Justice Department’s claims that the tie-up would limit competition in the debit-card market. The two companies announced after the closing bell on Tuesday that they are terminating their planned $5.3 billion…
“#Facebook tells staff not to wear its brand in public: report” Facebook urged staffers not to sport the company’s brand in public following its crackdown on President Trump and his supporters, a new report says. The social-media giant’s security team issued an internal memo Monday telling staffers to avoid wearing or carrying branded gear out…
“# Bancor v2.1 report: Swap fees exceed impermanent loss insurance costs ” Bancor has released a status report for its v2.1 decentralized exchange upgrade covering the performance of its decentralized exchange over the last three months. According to the document, the total liquidity increased by almost 100% resulting in the platform earning about $1.12 million…
“# 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…