In a blog post released Sunday, Poloniex announced the launch of its new token sale platform, called LaunchBase. In addition to providing a token issuance platform, LaunchBase, will also offer advisory services to its projects. “JUST,” Tron’s new decentralized stablecoin project, will be the first ...
Loom Network, a layer-2 scaling solution for Ethereum and a few other chains, has seen its fair share of departures over the last few months. Former CEO Matthew Campbell stepped down from his position towards the end of Feb. In the following weeks, several validators in the chain's DPoS system, such...
Newsletter
06 April 2020
3 coins to keep an eye on | Issue #73
It's been a mind blowing month since our last issue on March 9th. The global COVID-19 outbreak threw financial markets into a frenzy, and the cryptocurrency market was no exception. Bitcoin plunged a stunning 56% before a rebound. Currently, it's deciding whether to break resistance near $6900 or to test the pivot near $63...
In the weekly governance call, CEO of the Maker Foundation Rune Christensen presented the Self-Sustaining MakerDAO Initiative that would result in the dissolution of the Maker Foundation, the key entity leading development and governance of MakerDAO. As part of the new Governance Paradigm, Rune disc...
Thesis, the blockchain development firm behind the Keep Network and TBTC app, has raised $7.7 million by selling its KEEP tokens. TBTC allows users to "trustlessly" exchange Bitcoin for Ethereum-compatible tBTC tokens and access Ethereum's decentralize finance (DeFi) sector. The app is still only av...
News
02 April 2020
Factom to be liquidated
According to a London Stock Exchange announcement, Factom, announced it would liquidate after failing to receive additional funding. FastFoward, Factom’s largest backer, is now receiver and is currently seeking to appoint a receiver to take control of Factom’s assets. A timetable for Factom’s liquid...
A federal judge has rejected Telegram’s request to carry out the distribution of GRAMs to non-US investors, stating the company failed to explain how it could effectively fence off US investors or “lawfully modify” the sales agreements. The decision comes less than a week after the same judge ordere...
Coinbase has invested 1 million USDC into the ETH/USDC Uniswap pool and 100,000 into PoolTogether as part of its effort to provide more liquidity in DeFi. Coinbase is a part of the Centre Consortium along with Circle that launched USDC in 2018. Last fall, they announced the creation of a Bootstrap F...
Staking has been a trending theme over the last few years. The high-profile launches Cosmos and Tezos, the rise of staking services, and the noise generated by Ethereum’s long-awaited upgrade have all helped drive the narrative that proof-of-stake (PoS) could be the next evolution of consensus mecha...
Today the Federal Reserve (Fed) announced the establishment of a temporary repurchase agreement facility (repo) for central banks and other international monetary authorities. The facility will allow participants to exchange their US treasury securities held with the Fed for US dollars, which can th...

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