EIP 1559 – a proposal to add a fee burning mechanism to Ethereum transactions – has raised nearly $60,000 from Gitcion Grants with two days left for fundraising. Gitcoin Grants operate using quadratic funding, a process where small donations are matched on a more even scale compared to larger donati...
Newsletter
29 June 2020
3 coins to keep an eye on | Issue #84
It's been another wild week in Bitcoin with the price covering a nearly 10% range - jumping up to short stops at $9,800 before plummeting down to near $8,800. The altcoin marketcap mirrored Bitcoin's movements with its value climbing from $94 to $98 billion, before ending the week near $90 billion. While we wait to see ...
Accord to a recent court filing, Telegram has agreed to pay the U.S. Securities and Exchange Commission (SEC) $18.5 million over its $1.7 billion "unlawful" token sale. As part of the agreement, Telegram must also notify the SEC should it choose to issue another cryptocurrency within the next three ...
Today the Electric Coin Company (ECC) released its June 2020 transparency report, reviewing income, expenses and use of funds in Q4 2019. The company ran a $300,000 monthly deficit in the quarter, having received coins at an average of $410,000 a month and while having realized ~$710,000 a month in ...
AVA Labs, the development team behind the Avalanche blockchain, has raised $12 million in a private sale of its AVAX token. Participating VC firms included Galaxy Digital, Bitmain, NGC Ventures, and Dragonfly Capital, among other undisclosed investors. Initialized Capital also joined the round, addi...
W3BCLOUD, a joint venture between Advanced Micro Devices (AMD) and ConsenSys, announced that it has completed its initial close of $20.5M in convertible notes. The joint venture aims to build out its first line of Ethereum data centers. Why it matters: - AMD’s computing and graphics segment, which ...
Despite the cryptocurrency blockchain being protected from hacking, which prevents counterfeiting of transactions and thus theft of coins, attackers have invented many other ways of appropriating other people's crypto money. Often this becomes possible due to the theft of personal data of cryptocurr...
According to a press release, Circle will add support for USDC on Algorand. The move will enable “customers of Circle Business Accounts and Circle APIs to easily move funds between traditional banks and card networks to digital dollars on the Algorand blockchain.” Algorand will be the first blockcha...
ETHE now trades at $91.33 and is down 53% since June 18th. From its $239.50 all time high reached June 4th, ETHE is down 61%. The ETHE premium to NAV has dropped down to ~380% from ~790% on June 18th and ~950% on June 4th. The premium collapse illustrates that the ETHE price drop is a product of inv...
DeFi Money Market (DMM), an Ethereum-based loan platform backed by real-world assets, raised $6.5 million through an “Initial DEX Offering” that utilized Dolomite as well as Gnosis Protocol in a structure that replicates a bonding curve. The DMG token is a fork of the recently distributed COMP token...

3 coins to keep an eye on 👀