DeFi
Mining
What is driving Bitcoin miners to New York’s fading blue-collar towns?
Abundant renewable energy sources, including cheap hydroelectric power, enable ‘green-energy mining’–but upstate environmentalists are not convinced.
Exchanges
Binance plans to launch in the U.K. and prepares for seeking FCA approval
In order to offer its wide range of products in the UK, Binance CEO revealed that the company is preparing to apply for FCA’s approval.
Technology
The upgrade combining security of Bitcoin and Ethereum based smart contracts goes live on Syscoin
Syscoin’s novel take on infrastructure is set to combine the best traits of Bitcoin and Ethereum, while leveraging scalability with zk-rollups.
Hacks
Was Celsius the ‘biggest victim’ in the recent BadgerDAO exploit?
The popular lending platform hasn’t yet confirmed the rumors that are circulating on social media, but on-chain data supports the claim.
People
Polkadot founder Gavin Wood thought about calling ‘Web3’–‘Post-Snowden Web’
Famous whistleblower Edward Snowden and Polkadot founder Gavin Wood debated on how Web3 can help society to move away from fundamental issues of trust.
NFTs
Obscure NFT collection from 2019 racks up a $100 million valuation
WHALE token is marketed as the first social crypto backed by the NFT collection.
DeFi
Here’s why the demand for Moonriver (MOVR) could rise as Chainlink integration begins
The native integration with Chainlink oracle services enables EVM developers in the Kusama ecosystem to use external data resources and off-chain computations for building DeFi applications.
Investments
Not waiting around for the SEC, Fidelity will launch a spot Bitcoin ETF in Canada
One of America's most prominent names in investing decided not to wait around for the SEC to start approving Bitcoin spot-based ETFs and took its product North.
DeFi
Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack
While the hacked project investigates the attack, early estimates reveal the scope of the damage, with one of the most affected users losing roughly 900 Bitcoin.
Investments
Grayscale launches Solana (SOL) trust after 11,000% rally in past year
The new investment vehicle follows similar Grayscale products that offer exposure to single-assets, including Bitcoin, Ethereum, Chainlink.
Legal
Grayscale writes a letter to the SEC, accuses the regulator of violating the law
Grayscale sent a letter to the SEC, arguing that the agency’s discrimination against Bitcoin spot ETFs is in violation of the Administrative Procedure Act (APA).
DeFi
DeFi risks and protocol safety with Tarun Chitra of Gauntlet Network
Chitra broke down fundamental differences in security models between PoW and PoS protocols, alongside talking about two categories of DeFi risks. While focusing on attacks caused by unexpected user behaviour, such as rug pulls, his team uses a simulation engine that enables risk predictions.
