DeFi Pulse has done a partnership with Gauntlet network to create economic safety grades that allows users to more easily qualify and compare risks that they come across while using on-chain protocols. Decentralized lending protocols have grown to become essential tools for DeFi users, but with that growth came added complexity.
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Popular cryptocurrency exchange, CEX.io has announced that it will add 10 new tokens on its exchange. This includes Aave (LEND), UMA (UMA), Yearn.finance (YFI), Synthetix Network Token (SNX), Kyber Network (KNC), Balancer (BAL), Curve DAO Token (CRV), Wrapped Bitcoin (WBTC), DAI (DAI) and True USD (TUSD).
Developer behind MANY, an Ethereum token tricked another admin to add another owner on the $MOAR multi-sig dev wallet. He then waited until all other admins was asleep and dumped on the community. One of the most popular and well-known Cyptocurrency Twitter account, ImNotTheWolf was one of largest liquidity providers on MANY / ETH and MOAR / MANY pair on Uniswap decentralized exchange.
Continue reading “MANY token exit scams costing people thousands of dollars”
The US is a complicated patch-work of jurisdictions when it comes to laws. It has multiple regulatory bodies, multiple types of law (civil vs criminal, etc), multiple regulatory jurisdictions (state vs federal) and hefty debate on how the law is applied.
Continue reading “DeFi needs BSA compliance or ban US users to stay compliant”
SingularityNet developers have announced that they will be moving from Ethereum blockchain to Cardano’s blockchain. They say that the current speed and cost issues with the Ethereum blockchain will bring more on board.
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EMN token creator has exit scammed by dumping all of his tokens in one go on Uniswap exchange, a decentralized cryptocurrency exchange that lets you trad without any KYC or sign up.
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Uniswap developers have pushed v3 of Uniswap to their github. It is interesting to note that Uniswap v2 has been out for just few months till now and team has already churned out Uniswap V3.
Continue reading “Uniswap v3 released, here’s what has changed”
Ethereum surpasses Bitcoin in average daily value transferred. This means Ethereum is used more than Bitcoin for moving real value between people. This metric does not include ERC20 tokens and just native ETH transactions.
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SUSHI is a DeFi project that runs on Ethereum blockchain. Its founder recently sold all of his tokens on Uniswap and swapped them for 18000 Etheruem. CZ, CEO of Binance says he does not know the founder of SUSHI project. However, for every other project, proper background checks are done to ensure only the quality projects make it to Binance exchange.
Continue reading “Binance CEO’s views on SUSHI’s controversial listing”
