Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity Pool
The Banco Central do Brasil chose seven other projects as part of the Financial and Technological Innovation and Technology Laboratory. Source
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World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown – Mining Bitcoin News
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining
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New Crypto Exchange Platform Bitflex Launches Futures Trading Competition with $15,000 Prize Pool – Press release Bitcoin News
press release PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform can
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Maple, a DeFi Platform for Institutional Lending, Unveils New $30M Liquidity Pool
The Maven 11 pool will provide loans to crypto market makers, or large firms that provide enough money to exchanges to stabilize trading. Borrowers for the pool include Wintermute, Bastian, Flow Traders, Nibbio and Folkvang. In return, the lenders will receive yield from the market makers. Original Source
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Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying?
On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend. Apparently, the dog-themed coin’s price has risen 3.74 percent in the last 24 hours and is presently trading at $0.0000001026, leading the market in
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Biggest ‘stETH’ Pool Almost Empty, Complicating Exit for Would-Be Sellers
A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius. Source
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Terra to burn 1B UST from the community pool as holders vote for it
In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool. Earlier in May, Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response to this, users
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Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
“Currently, the burning of UST is too slow to keep pace with the demand for excess UST to exit the system, which is hindered by the BasePool size,” reads the proposal. “Eliminating a significant chunk of the excess UST supply at once will alleviate much of the peg pressure on
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Drunk Robots Announces 4 Massive New Partnerships and a 5,000,000 $METAL Battle Prize Pool
The post-apocalyptic city of Los Machines has become the hub of Play2Earn activity. After a sold-out IDO, Animoca Brands-backed Drunk Robots has partnered up with Infinity Force and 3 major guilds – has just rehauled its game economy after a sold-out IDO, increasing the rewards and making it even easier
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‘Smart Money’ Is Staking ETH on Rocket Pool and Selling ENS, Nansen Data Suggests
For the second consecutive day, Yuga Labs’ Otherdeeds NFT collection has seen the most volume in the last 24 hours, according to the blockchain analytics platform. Source
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