DeFi
Lending
Terra’s Anchor protocol hits $5 billion in TVL, LUNA’s price surges
Anchor was launched on the Terra blockchain in March and quickly grew into a third yield farming protocol.
Technology
Cosmos (ATOM) ecosystem logs 1 million transfers on IBC in a month
Recorded IBC transfers indicate an increase in activity in the expanding Cosmos ecosystem, creating value for the protocol’s native ATOM token.
Adoption
Crypto and God: Mississippi church provides Bitcoin, Ethereum, and others as giving option
While the adoption process in the US continues gaining traction, the Southern Baptist church introduces crypto as a giving method.
Stablecoins
A gold-backed stablecoin will be launching on Cardano
DeFi liquidity protocol MELD is preparing to launch a gold-backed stablecoin on the Cardano network.
Regulation
U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says
Powell was responding to his earlier suggestions that cryptocurrencies could be replaced by a CBDC and reassured that the authority has no intention of banning crypto in the US.
Adoption
Ripple jumps on the NFT bandwagon, launches $250 million ‘Creator Fund’
The fund will provide creators with targeted support needed for exploring and delivering new NFT use cases.
DeFi
1inch geofences US IP addresses, says new product for the American market is in prep
In preparation to launch a new product for the US market, 1inch added a pop-up notification and technical layer to control its terms of use compliance, geofencing certain jurisdictions.
Adoption
“It’s not possible to destroy crypto,” says ‘Dogefather’ Elon Musk
Musk shared his perspective on China’s most recent cryptocurrency ban at the Code Conference that took place on September 28.
People
What next as Ethereum dev Virgil Griffith pleads guilty to North Korea sanctions
The former senior researcher for the Ethereum Foundation was arrested in November 2019 after presenting at a conference in Pyongyang.
DeFi
On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano
In the new series report, DappRadar explores the value flow within the industry, starting with fiat money flows into the blockchain.
DeFi
Ethereum’s Vitalik Buterin states “there’s a lot of subtleties involved” with addressing governance
Ethereum co-founder broke down his perspective on collusion prevention, while addressing challenges surrounding blockchain governance systems.
DeFi
DeFi protocol run by ex-Coinbase dev just did $3.6 billion in daily trading volume
Decentralized derivatives exchange dYdX has witnessed a strong surge in trading volume recently and celebrated surpassing Coinbase for the first time.
