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Institutional prime broker platform for crypto assets Coinbase Prime announced on Oct 24th that it had entered into a partnership with MakerDAO — the largest single holder of USDC — to become a custodian of $1.6 billion worth of the stablecoin.The MakerDAO community voted to approve this custodianship which will
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After the vote, up to $1.6 billion in USD Coin will be custodied with Coinbase Prime, where it will earn a 1.5% reward. Original Source
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While giving rarity ranks to nonfungible tokens (NFTs) on a marketplace may help collectors decide on whether to purchase NFTs or not, some argue that ranking NFTs may do more harm than good. In a tweet, an NFT investor pointed out several issues surrounding OpenRarity, the new rarity ranking protocol implemented
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press release PRESS RELEASE. DemandCircle is delighted to announce the official launch of Eunoia, Web 3.0’s very own decentralized business knowledge platform. With the goal of bringing industry professionals together in expertise-centric communities, Eunoia incentivises meaningful participation with rewards in the platform’s native token. Eunoia’s end goal is to become
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Prices in the United Kingdom continue to rise, hitting another 40-year high of 10.1%. According to figures from the U.K’s Office for National Statistics, the Consumer Prices Index (CPI) rose by 10.1% in the 12 months to September 2022, up from 9.9% in August. The 10.1% figure mirrors July’s recent
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The DAO essentially meets online via the chat app Discord, where it has various interest channels including fashion, music and art. FWB is the native token of the DAO, and anyone with 5 FWB can become a local member, which grants them access to Discord channels, a newsletter, livestreamed event
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“Within 12 hours of the proposal opening, you shall send back the assets other than USDC, MSOL, MNGO, and SOL as a show of good faith,” reads the counter. “The remaining assets shall be sent within 12 hours once the vote is complete and passes,” the community wrote in its
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While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted this topic and explored why higher inflation is not pushing more people into the crypto space. According to a Reddit user,
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Uniswap is a smart contracts-based crypto exchange with its governance token, UNI, which allows users to trade, supply and borrow assets. zkSync, on the other hand, uses a novel technology called zk-rollups to offer a privacy-focused scaling solution to users, allowing for faster transactions at lower fees. Original Source
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The Blockchain Economy Dubai Summit 2022 highlighted that the crypto
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