Wednesday, October 28, 2020
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A Guide to Circles, the Project Bringing UBI and FOMO to Ethereum’s xDai Sidechain

Free money always makes the crypto world go mad, even if people don’t know what the new cryptocurrency will be worth or what it’s good for.The case is being proven out again with Circles, a blockchain-based universal basic income (UBI) project that launched Oct. 16 on Ethereum’s xDai sidechain.Founded by

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Russian ‘ex-oligarch’ reportedly backing a new DeFi project

Russian businessman and self-styled “ex-oligarch” Aleksandr Lebedev is backing a new decentralized finance project that aims to compete across a broad spectrum of financial products.As reported by Russian financial publication RBC, Lebedev is providing the initial funding for a DeFi startup under the working name of InDeFinEco, standing for Independent

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Hacker steals $15m after degens pile into unreleased Yearn Finance project

The decentralized finance (DeFi) community's insatiable appetite for unaudited code has once again ended in tears and the loss of millions.Eminence, an unfinished “economy for a gaming multiverse” being built by Yearn Finance's Andre ‘I test in production’ Cronje, was discovered by DeFi sleuths after the developer posted art teasers

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Hong Kong Picks Consensys for Phase Two of Project Inthanon-LionRock

Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.The Hong Kong Monetary Authority (HKMA) has selected Ethereum development studio ConsenSys, as the trusted partner for the Phase 2 of its Project Inthanon-LionRock, the country’s equivalent

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