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The Pandemic Was Just the Catalyst

The Pandemic Was Just the Catalyst

Harry Dent predicted 2020’s economic upheaval several years in advance. The coronavirus pandemic was just a trigger to a long-term reckoning over public debt.

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Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule

PLUS: The OCC’s green light for banks to use stablecoins, Brazil’s booming crypto sector and the bitcoin mining machine supply crunch.

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DeFi governance games: Curve, Uniswap, 1inch

Quick Take

  • Some DeFi protocols have launched governance tokens with retroactive distribution to their users.
  • Despite the controversial token launch, Curve Finance is already distributing fees to veCRV holders.
  • Uniswap governance, with the help of Dharma and the Gauntlet Network as delegates, executed its first proposal for Grants Program.
  • The community saw signs of vote manipulation by 1inch to receive the most revenue.

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Open interest on Ethereum derivatives hit an all-time high on Sunday

The aggregated open interest on Ethereum (ETH) options and futures broke records this past weekend, according to data compiled by The Block Research. 

The post Open interest on Ethereum derivatives hit an all-time high on Sunday appeared first on The Block.

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Bitcoin News Roundup for Jan. 5, 2021

With BTC back above $32K and a billion dollars worth of bitcoin exiting Coinbase, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan

While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.

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Ripio announces acquisition of BitcoinTrade, Brazil’s second-largest crypto exchange

Digital asset services firm Ripio said Tuesday that it acquired BitcoinTrade, Brazil’s second-largest crypto exchange, for an undisclosed amount.

The post Ripio announces acquisition of BitcoinTrade, Brazil’s second-largest crypto exchange appeared first on The Block.

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CoinDesk acquires crypto index startup TradeBlock

TradeBlock, a crypto market index provider and data firm, has been acquired by CoinDesk. The deal, announced Tuesday, will see TradeBlock, which previously raised funds from the likes of A16z and Digital Currency Group, become a wholly owned subsidiary of CoinDesk, which is itself a subsidiary of DCG. The terms of the deal were not […]

The post CoinDesk acquires crypto index startup TradeBlock appeared first on The Block.

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CoinDesk Acquires TradeBlock, Adding Indexes and Pricing to News, Events Offerings

CoinDesk said it’s positioned to be the leading source of crypto news, information and data for the rapidly growing sector.

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Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit

The digital asset manager announced that it ditched XRP on Dec. 31. No word on the fate of the Grayscale XRP Trust.

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