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“# Funds locked in DeFi surge $1B as analyst tips post-election bull run ” Following a six week cooling-off period for the majority of decentralized finance protocols, the DeFi bulls are back in action as total value locked surges to new record highs. The amount of crypto collateral locked across various DeFi protocols has hit…
“# Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight ” Chainlink’s verifiable randomness function, or VRF, has made its way to the Ethereum (ETH) main net. VRF will provide a decentralized source of randomness for the project’s decentralized ecosystem. A trusted source of randomness is essential for many applications, such as those…
“# Siemens-backed blockchain energy platform showcases in Germany ” A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today. The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual demo of its blockchain-based marketplace platform for optimized…
“# Yearn Finance doppelganger scam tries to trick visitors out of their keys ” Decentralized finance yield farming platform Yearn Finance has a doppelganger that is tricking visitors into sharing the private keys of their cryptocurrency wallets. The scam website of Yearn Finance perfectly copies almost every aspect of the original yearn.finance website down to its…
“# Finance Redefined: Is DeFi really a threat to centralized finance? Oct. 14-21 ” No major euphoria-worthy moments happened this week — the ecosystem is still cooling off. I think the biggest sign of that is Uniswap’s trading volume. After hitting a peak of slightly less than $1 billion in daily volume in early September,…
“# Brock Pierce: True decentralization is a way off ” U.S. presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near future. He told Celsius founder and CEO Alex Mashinsky in an hour-long #MOIP interview released earlier today that while DeFi, is headed towards…
“# Will PayPal’s crypto offer turn into a tax nightmare? ” The news that payments company PayPal will support cryptocurrencies has given the industry a major boost — but there are tax implications that are little understood by crypto noobs. PayPal users will soon be able to use digital assets as a funding source for…
“#Joe insults allies, media shrug and other commentary” Foreign desk: Joe Insults Allies, Media Shrug Joe Biden last week warned of “the rise of totalitarian regimes in the world,” including democratic Poland and Hungary — and that “half-insulting, half-clueless remark” set off a “diplomatic firestorm,” sighs Gladden Pappin at Newsweek. Yet despite the vigorous protests…
“# Shifting gears: Driving enterprise DeFi adoption through tokenization ” Decentralized finance has quickly risen to prominence, largely driven by the fact that there is over $11 billion of total value locked in the sector. While it makes sense that DeFi — a space characterized by terms such as “yield farming” and “meme tokens” —…
“# ConsenSys and Protocol Labs team up to integrate Filecoin into Ethereum’s dev tools ” Blockchain firm ConsenSys has made official a collaboration with open-source software laboratory Protocol Labs to integrate Filecoin’s marketplace for data storage with ConsenSys’ Ethereum product stack. According to the announcement, Filecoin’s miners, developers, and users of the network will be…