DEFI WORLD

2022-09-06 20:16:55 DAI is the most secure stablecoin. Not

There are different types of stablecoins:

Fiat-backed stablecoins (we don't like them because regulators can censor them);

Crypto-backed stablecoins (we like them because they are uncensorable);

Algorithmic stablecoins (which scammed after the collapse of Terra).

DAI is tied to a “decentralized” stablecoin basket because it is backed by crypto-collateral. But as is often said, decentralization is a spectrum and DAI is also backed by centralized stablecoins like USDC. Bydysch. Open / Comment

2022-09-05 08:05:42 Arcane: The use of associated gas to power bitcoin farms will help significantly reduce global CO2 emissions, and the heat generated by rigs can be used to heat residential premises.

Scammers hacked a South Korean government-owned YouTube channel, renamed it SpaceX Invest, and uploaded fake videos of Elon Musk discussing cryptocurrencies.

The Block Research: Adjusted stablecoin transaction volume rose 33% to $866 billion in August.

Hackers hacked DEX KyberSwap at the frontend level and stole 265,000 USDC. Open / Comment

2022-09-05 08:05:37 Just-In: Aave Community Takes Major Decision Before The Ethereum Merge
https://bit.ly/3QjeGYa Open / Comment

2022-09-02 23:24:31 Binance CEO Changpeng Zhao: In China, Binance is recognized as a criminal organization, and in the West they try to present us as a Chinese company that is secretly on the leash of the Chinese government.

Traders from Georgia withdrew more from Coinbase than they had on the account
due to an error in displaying the price in pairs with the Georgian lari.

Primary land purchases in The Sandbox have collapsed since May to zero.

The CTO of the Thai crypto exchange Bitkub was fined $234,000 for insider trading.

Reuters: US authorities have requested internal documentation from Binance about its AML checks to investigate possible money laundering. Open / Comment

2022-09-02 11:12:31 Crypto exchange Mt. Gox will make payments to the victims of the hacker attack no earlier than September 15th. Investors fear a hard dump.

Israeli cybersecurity firm Check Point Research has discovered the Nitrokod mining virus for mining Monero on six major apps, including Google Translate.

Crypto. com pulls out of $500m UEFA Champions League sponsorship

South Korean authorities have arrested 16 people suspected of arbitrating the "Kimchi Prize".

In the United States, a trial has begun against the founder of MicroStrategy, Michael Saylor. He was accused of tax evasion in the amount of $ 25 million.

The Babylon Finance protocol will wind down its activities due to the attack on the Rari Capital DeFi project. Open / Comment

2022-08-30 20:01:24 More than 10 Russian mining farms use electricity generated through the use of associated gas.

New FUD from The Wall Street Journal: A 0.3% fall in the value of reserves could lead the issuer of the stablecoin Tether (USDT) to "technical insolvency".

Formula 1 registers trademarks related to the NFT and the Metaverse.

The Antpool mining pool announced that it will stop mining Ethereum from September 3 and refuse to mine the new ETHPOW coin, but it will continue to mine ETC.

Sam Bankman-Fried denied plans to buy Huobi.

The Chicago Mercantile Exchange CME Group has launched euro-denominated Bitcoin and Ethereum futures. Open / Comment

2022-08-29 11:00:57 KuCoin Research: India has 115 million crypto investors, 39% of them are people between the ages of 18 and 30.

Cryptocurrencies have been banned in Afghanistan, the police have closed at least 16 crypto exchanges.

Crypto exchange OKX announced the suspension of deposits and withdrawals of Ethereum and ERC-20 tokens in September during the Bellatrix and Paris updates as part of the Merger.

Lenders Mt. Gox denied rumors about the start of reimbursement payments in bitcoins. Previously, these rumors led to a depreciation of BTC.

Cardano activates Vasil hard fork in September. Open / Comment

2022-08-26 11:49:45 Court documents: Failed crypto lending platform Voyager will pay 34 employees $1.6 million in bonuses in total.

Bitcoin ATM operator Bitcoin Depot will go public by acquiring GSR II Meteora, an already listed company on the exchange. Capitalization is estimated at $885 million.

Coinbase CEO Brian Armstrong: the bear market will last from 12 to 18 months.

Vitalik Buterin: Cryptocurrency payments are superior to other forms of payment because of their convenience, and not because of their ability to resist censorship.

The Ethereum Foundation has announced the final period for the Merge: The Merge will end a few days after the Bellatrix update between September 10th and 20th. Update activation will begin on September 6, 2022.

Elliptic: scammers stole over $100 million worth of NFTs in a year. Open / Comment

2022-08-26 11:47:32 Just-In: Binance Enters South Korea To Push Adoption, But There’s A Catch
https://bit.ly/3dMVx3c Open / Comment

2022-08-24 18:43:04 Do you want free crypto? Here you go!

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