Cryptocurrency Analysis and News Portal
A group of core developers maintains the Uniswap codebase, but key protocol decisions are governed by the Uniswap DAO, which grants users voting rights according to how many UNI tokens they hold. Users may also “delegate” their tokens to other entities, thereby enabling those entities to vote on their behalf. Original
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Terra’s commitment to filling up its coffers with Bitcoin has been solidified once more with another $1.5 billion purchase. This is the fruit of a pledge that the project had made to buy more than $10 billion worth of BTC to serve as a reserve for its stablecoin, UST. More
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A price surge in Terra’s LUNA token over the past week has made it the second-largest staked asset among all major cryptocurrencies in terms of total value staked, according to data. LUNA surpassed ether, which has just over $28 billion in staked value, at the time of writing. Source
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Metaverse and gaming applications have made their mark on Terra as well. The recently launched StarTerra, which calls itself a gamified launchpad that supports NFT integration, locks up $21 million in value, while LoTerra, a decentralized lottery, holds over $311,000 in value. Source
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New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network.Data from BTC.com shows that Digital Currency Group-owned Foundry USA stands behind the pool leader AntPool by a hash rate of just 4,000
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This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW covers some of the topics he’s missed throughout the week, including:A new report from Bank of America that calls digital assets “too big to ignore”US Bank custodying crypto via NYDIGAn underperforming jobs reportBitcoin futures ETF speculation hits fever pitchChainalysis report
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Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto.The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoption in the
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On April 28, MercadoLibre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Although the company does not settle property transactions directly, it legitimizes the category as a payment system. The $81 billion retailer is the second largest company in South America and is present
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Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade.According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country by volume. Ripio CEO and co-founder Sebastián Serrano said
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BBVA, the second-largest bank in Spain, with about $840 billion in assets, is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.The Spanish bank will begin its crypto offering out of Switzerland, said a source. Switzerland has relatively comprehensive rules around digital
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