Latest Updates

SushiSwap Introduces MISO Launchpad

  • The MISO token launchpad is set to launch on 17 May.
  • Sushi's latest product will make it easier for developers to launch their projects on the exchange.
Launch of the Angara-A5P rocket and Federation spacecraft from the Vostochny Cosmodrome. Shutterstock

  • The MISO token launchpad is set to launch on 17 May.
  • Sushi's latest product will make it easier for developers to launch their projects on the exchange.

Latest Updates

Temenos to Offer Institutional Clients Crypto Services

  • The banking software provider decided to integrate with Taurus to provide its customers with access to crypto services.
  • The more than 3,000 Temenos institutional clients will now be able to use services such as tokenization, staking, DeFi, trading and custody of crypto.

Loopring Introduces Initial Wallet Offering (IWO)

  • Users will be able to participate in IWOs directly from their Loopring Smart Wallets.
  • The platform will also launch a trading competition and liquidity mining activities for IWO projects directly on Ethereum's Layer 2.
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  • Huobi Prime offers traders access to crypto projects that have undergone a strict screening and selection process.
  • The first launch on Huobi Prime will be APENFT, a project connecting artists with blockchain through NFTs.

Huobi Announces First Project For The Improved Huobi Prime

  • Huobi Prime offers traders access to crypto projects that have undergone a strict screening and selection process.
  • The first launch on Huobi Prime will be APENFT, a project connecting artists with blockchain through NFTs.

1inch Network Expands to Polygon

  • Initially only five pools will be available to 1inch users, though more will be added over time.
  • The move was in response to a massive request from the community to make Polygon available for swapping via 1inch.

  • Initially only five pools will be available to 1inch users, though more will be added over time.
  • The move was in response to a massive request from the community to make Polygon available for swapping via 1inch.

Huobi Launches Investment Arm With $100 Million Fund

  • Huobi Ventures will consolidate the company's existing investment vehicles into a single entity.
  • The new venture arm will deploy $100 million into early-stage DeFi protocols and $10 million into NFT projects in the next three years.
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  • Huobi Ventures will consolidate the company's existing investment vehicles into a single entity.
  • The new venture arm will deploy $100 million into early-stage DeFi protocols and $10 million into NFT projects in the next three years.

UMA Protocol Launches Optimistic Oracle

  • UMA's Optimistic Oracle enables any actor to push data on-chain, with disputes arising only if the data is found to be wrong.
  • This enables users to get fast, cheap, and accurate arbitrary data useful for complex contracts.

.Crypto Domains Now Available on Brave Browser

  • Brave's support for .crypto domains was enabled through an integration with domain name provider Unstoppable Domains.
  • Both Android and desktop Brave users will now have access to more than 30,000 decentralized sites and over 700,000 blockchain domain names.

Diem Moves Away from Switzerland, Partners With Silvergate

  • The Diem Association has withdrawn its application for a payment system license in Switzerland, and will now register as a money services business with FinCEN.
  • The association has also partnered with crypto friendly bank Silvergate, which will issue the Diem USD stablecoin and manage its reserves.
David Marcus, Head, Diem, Facebook, speaking at the Creating a Credible and Trusted Digital Currency session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. World Economic Forum/Faruk Pinjo

  • The Diem Association has withdrawn its application for a payment system license in Switzerland, and will now register as a money services business with FinCEN.
  • The association has also partnered with crypto friendly bank Silvergate, which will issue the Diem USD stablecoin and manage its reserves.

Editors' Picks

Last Week in DeFi: Balancer V2, Alpha Finance Oracle Aggregator, SushiSwap Token Launchpad

  • Balancer expects a gradual migration from V1 to V2, while Alpha Homora is preparing for the next major stage of development.
  • SushiSwap launched its own token launchpad, Compound and Uniswap announced grant program developments, and DOGE gets listed on PancakeSwap's pools.
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  • Balancer expects a gradual migration from V1 to V2, while Alpha Homora is preparing for the next major stage of development.
  • SushiSwap launched its own token launchpad, Compound and Uniswap announced grant program developments, and DOGE gets listed on PancakeSwap's pools.

Last Week in DeFi: Uniswap V3, SushiSwap Lending Dapp, Vesper Fund Collaboration

  • The long-awaited Uniswap V3 is now live on the Ethereum mainnet, as is SushiSwap's lending feature, BentoBox.
  • The bull run has continued throughout this week as well, with most DeFi tokens growing in value, in accordance with total value locked.

Uniswap V3 Now Live on Ethereum Mainnet

  • The largest feature of V3 is "concentrated liquidity", which enables liquidity providers to make markets within customized price ranges.
  • The feature also aggregates individual positions into a single pool, forming one combined curve for users to trade against.

Last Week in DeFi: Badger Bridge, Bancor Auto-Compounding, Balancer-Gnosis-Protocol

  • This week has been a massive financial success for holders of practically every major DeFi token with the exception of Vesper.
  • The price hike was boosted by a wave of adoption for Chainlink, a number of exciting partnerships, and increases in TVL throughout the space.

J.P. Morgan, DBS Bank to Work on Blockchain-Based Payments Platform

  • The new company, called Partior, will use blockchain and digitised commercial bank money to disrupt the traditional payments model.
  • Partior will also be designed to complement ongoing Central Bank Digital Currencies initiatives and use cases.

Guides

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Impermanent Loss Explained With Examples & Math

  • Learn what impermanent loss is, how it manifests, and how to calculate it.
  • We use several examples and formulae for both standard and complex AMM-based pools to examine, explain, and plot impermanent loss.

How to Leverage Yield Farming on Alpha Homora – The Simple Guide

  • Learn how Alpha Homora works, how to open a leveraged position and earn more with the same amount of assets, and how to manage your positions.
  • We also explain how to choose a pool to leverage, the rules of leveraging on the platform, and how to calculate possible scenarios.

How to Farm QUICK on QuickSwap – The Simple Guide

  • This article will teach you how to take advantage of one of the most lucrative liquidity mining programs on the market right now, while saving money on transaction fees.
  • We will take you through the strange but fascinating world of multiple network bridges and AMM quirks so you can have a seamless experience using the Layer-2 based exchange.

How to Optimise APY For Liquidity Mining Rewards

  • Users tend to blindly trust the APY calculations of the liquidity mining programs, despite the fact that they are typically flawed.
  • Knowing how compound interest works, how often to sell given your stake, and how to hunt for low gas fees are all invaluable skills we will look at.

How to Buy Cryptocurrency – The Simple Guide

  • Learn how to buy cryptocurrency on four of the most prestigious crypto trading platforms in the world.
  • To make an informed decision, you need to research what each platform offers, i.e., supported assets and countries, fees, and payment methods.

Opinion

The Rise of Bancor

  • The exchange was the first to prove the feasibility of AMM, but has since struggled to compete with other DeFi platforms.
  • However, through the introduction of several smart features and innovations, notably single-sided exposure, Bancor is surging among the DeFi ranks.

The Blockchain-Enabled Elections Of The Future

  • We now have the technology to immutably store and process data in a trustless environment, yet we still resort to paper ballots as the fundamental ingredient for elections.
  • In a blockchain-enabled future, voting will be as simple as withdrawing money from an ATM, and processing election results will be finished in minutes.

Opinion: How Will Crypto Markets React To The Second Wave Of COVID-19?

  • As several countries have already entered the second period of lockdown, many parts of the world are bracing for a long winter of isolation.
  • How will this affect crypto markets this time around, and how will it differ from the first lockdown?

Opinion: Why The $100,000 Harvest Finance Bounty Is Absurd

  • Only if we put ourselves in the shoes of the attacker can we find a possible angle of negotiation in a bid to recover more from the 13 million USDC and 11 million USDT that were profited from the arbitrage scheme.
  • Although the Harvest Finance team has acted responsibly in the face of an unprecedented-to-the-project crisis, their bounty reward initiative is naive.

Opinion: The Impact Of PayPal Entering The Crypto Market

  • PayPal will expose cryptocurrency access to its 346 million user base and 26 million merchants worldwide.
  • The news is a stamp of mainstream approval on cryptocurrency, but doesn't come without its downsides, including asset encapsulation and centralization, the latter seen by many as the enemy of what Bitcoin stands for.

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In Other News

MoneyGram logo mounted above the entrance of a branch in Bucharest, Romania, 1 January 2021. Shutterstock

MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.

  • The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
  • While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.
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Revolut to Support Crypto Withdrawals

  • Elliptic will provide Revolut with an automatic compliance solution that meets FCA requirements.
  • Revolut Metal customers in the U.K. will be able to withdraw their cryptocurrencies, with the service set to roll out globally in the future.
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Hashdex Secures $26M From Coinbase, SoftBank

  • The funding round was led by Valor Capital, and was joined by the VC arm of Coinbase and SoftBank.
  • The fresh $26 million will help Hashdex expand abroad, and increase its team by as many as 75 members.
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Pirate Bay Quietly Launched a Digital Token. Is It a Scam?

  • The 30 million visitors of the torrent website are now one click away from purchasing Pirate tokens.
  • The token itself appears questionable at best, with upwards of 99.9% of its supply still belonging to the token creator.

Balancer Launches V2

  • Balancer expects its V1 to provide better prices, until a substantial amount of liquidity migrates to V2.
  • V2 will put all assets within one big vault, meaning users will have to pay gas only for going into and out of Balancer.

Block.one to Launch Crypto Exchange in 2021

  • Bullish Global has already been capitalized with over $10 billion in cash and cryptocurrencies.
  • The exchange is expected to launch in 2021, combining the best features from CeFi and DeFi.

Nebraska Advances Bill to Allow Banks to Offer Crypto Services

  • The bill aims to adopt the Nebraska Financial Innovation Act and create digital asset depository institutions.
  • The initiative could make Nebraska the second U.S. state to set up a formal charter for crypto-powered bans, the first being Wyoming.

Umbria Launches Layer 2 DEX Alpha

  • The Layer 2 DEX features asset swapping and official liquidity pools.
  • The DEX is a modified version of SushiSwap with extra governance features.

Alpha Finance Launches Oracle Aggregator

  • Alpha products will be able to access verified data from Chainlink and Band Protocol.
  • This will provide better security and scalability, enabling Alpha to support more assets.

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Cryptocurrency

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Temenos to Offer Institutional Clients Crypto Services

  • The banking software provider decided to integrate with Taurus to provide its customers with access to crypto services.
  • The more than 3,000 Temenos institutional clients will now be able to use services such as tokenization, staking, DeFi, trading and custody of crypto.
Shutterstock

Loopring Introduces Initial Wallet Offering (IWO)

  • Users will be able to participate in IWOs directly from their Loopring Smart Wallets.
  • The platform will also launch a trading competition and liquidity mining activities for IWO projects directly on Ethereum's Layer 2.
Launch of the Angara-A5P rocket and Federation spacecraft from the Vostochny Cosmodrome. Shutterstock

SushiSwap Introduces MISO Launchpad

  • The MISO token launchpad is set to launch on 17 May.
  • Sushi's latest product will make it easier for developers to launch their projects on the exchange.
Shutterstock

Last Week in DeFi: Balancer V2, Alpha Finance Oracle Aggregator, SushiSwap Token Launchpad

  • Balancer expects a gradual migration from V1 to V2, while Alpha Homora is preparing for the next major stage of development.
  • SushiSwap launched its own token launchpad, Compound and Uniswap announced grant program developments, and DOGE gets listed on PancakeSwap's pools.

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Business

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Temenos to Offer Institutional Clients Crypto Services

  • The banking software provider decided to integrate with Taurus to provide its customers with access to crypto services.
  • The more than 3,000 Temenos institutional clients will now be able to use services such as tokenization, staking, DeFi, trading and custody of crypto.
Shutterstock

Huobi Launches Investment Arm With $100 Million Fund

  • Huobi Ventures will consolidate the company's existing investment vehicles into a single entity.
  • The new venture arm will deploy $100 million into early-stage DeFi protocols and $10 million into NFT projects in the next three years.
Shutterstock

.Crypto Domains Now Available on Brave Browser

  • Brave's support for .crypto domains was enabled through an integration with domain name provider Unstoppable Domains.
  • Both Android and desktop Brave users will now have access to more than 30,000 decentralized sites and over 700,000 blockchain domain names.
MoneyGram logo mounted above the entrance of a branch in Bucharest, Romania, 1 January 2021. Shutterstock

MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.

  • The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
  • While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.
Shutterstock

Revolut to Support Crypto Withdrawals

  • Elliptic will provide Revolut with an automatic compliance solution that meets FCA requirements.
  • Revolut Metal customers in the U.K. will be able to withdraw their cryptocurrencies, with the service set to roll out globally in the future.

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Politics

Nebraska flag. Shutterstock

Nebraska Advances Bill to Allow Banks to Offer Crypto Services

  • The bill aims to adopt the Nebraska Financial Innovation Act and create digital asset depository institutions.
  • The initiative could make Nebraska the second U.S. state to set up a formal charter for crypto-powered bans, the first being Wyoming.
Shutterstock

Binance Facing Fines Over Stock Token Offering

  • BaFin, Germany's financial regulator, warned investors Binance may have violated E.U. securities rules by not providing a prospectus for its stock tokens offering.
  • Considered an administrative offence, such a violation could be punished with a fine of $6 million, or 3% of Binance's annual revenue.

EU Regulators Examining Binance’s Stock Tokens

  • The U.K. FCA is reportedly working with Binance to better understand the stock tokens, and what regulation may apply to them.
  • Binance said a prospectus was not required as the tokens were not settled in fiat currency, but in Binance USD (BUSD).
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  • The U.K. FCA is reportedly working with Binance to better understand the stock tokens, and what regulation may apply to them.
  • Binance said a prospectus was not required as the tokens were not settled in fiat currency, but in Binance USD (BUSD).

China’s Central Bank Sees Crypto Assets as ‘Investment Alternatives’

  • China seems to finally recognise the investment potential of crypto, with a deputy governor of the PBoC stating that Bitcoin and stablecoins were investment alternatives.
  • The bank will "continue to maintain the current measures and practices", until it has figured how to prevent digital assets from creating a serious financial risk.
People's Bank of China. Shutterstock

  • China seems to finally recognise the investment potential of crypto, with a deputy governor of the PBoC stating that Bitcoin and stablecoins were investment alternatives.
  • The bank will "continue to maintain the current measures and practices", until it has figured how to prevent digital assets from creating a serious financial risk.

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CRYPTOCURRENCY

DeFi

Launch of the Angara-A5P rocket and Federation spacecraft from the Vostochny Cosmodrome. Shutterstock

SushiSwap Introduces MISO Launchpad

  • The MISO token launchpad is set to launch on 17 May.
  • Sushi's latest product will make it easier for developers to launch their projects on the exchange.

Last Week in DeFi: Balancer V2, Alpha Finance Oracle Aggregator, SushiSwap Token Launchpad

  • Balancer expects a gradual migration from V1 to V2, while Alpha Homora is preparing for the next major stage of development.
  • SushiSwap launched its own token launchpad, Compound and Uniswap announced grant program developments, and DOGE gets listed on PancakeSwap's pools.

1inch Network Expands to Polygon

  • Initially only five pools will be available to 1inch users, though more will be added over time.
  • The move was in response to a massive request from the community to make Polygon available for swapping via 1inch.

Exchanges

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Huobi Announces First Project For The Improved Huobi Prime

  • Huobi Prime offers traders access to crypto projects that have undergone a strict screening and selection process.
  • The first launch on Huobi Prime will be APENFT, a project connecting artists with blockchain through NFTs.

Block.one to Launch Crypto Exchange in 2021

  • Bullish Global has already been capitalized with over $10 billion in cash and cryptocurrencies.
  • The exchange is expected to launch in 2021, combining the best features from CeFi and DeFi.

Crypto.com Integrates CipherTrace’s Traveler Solution

  • CipherTrace's Traveler enables VASPs to comply with FATF's travel rule recommendations.
  • Integrating Traveler makes Crypto.com the first exchange to introduce a global travel rule AML solution.

Stablecoins

David Marcus, Head, Diem, Facebook, speaking at the Creating a Credible and Trusted Digital Currency session at the World Economic Forum Annual Meeting 2020 in Davos-Klosters, Switzerland, 23 January. World Economic Forum/Faruk Pinjo

Diem Moves Away from Switzerland, Partners With Silvergate

  • The Diem Association has withdrawn its application for a payment system license in Switzerland, and will now register as a money services business with FinCEN.
  • The association has also partnered with crypto friendly bank Silvergate, which will issue the Diem USD stablecoin and manage its reserves.

GMO Partners With Celsius to Offer ZUSD-Backed Loans

  • Customers will be able to use ZUSD as collateral for crypto-backed loans.
  • Celsius also plans on supporting GMO Trust's JPY-pegged stablecoin GYEN in the future.

Coinbase Lists Tether’s USDT Shortly After Going Public

  • USDT trading on Coinbase will begin on 26 April, with the stablecoin being available in all Coinbase supported jurisdictions, except New York state.
  • At launch, USDT trading will be available only to Coinbase Pro users, and the exchange will only support the ERC-20 version of the stablecoin.

Wallets

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Loopring Introduces Initial Wallet Offering (IWO)

  • Users will be able to participate in IWOs directly from their Loopring Smart Wallets.
  • The platform will also launch a trading competition and liquidity mining activities for IWO projects directly on Ethereum's Layer 2.

Ledger Nano S Now Supports Ethereum 2.0

  • The update brings support for EIP2333, enabling users to sign deposit contract transactions for Ethereum 2.0 directly on the Nano S.
  • Other features in version 2.0.0 are geared towards improving the UI and UX.

MetaMask Surpasses 5 Million Monthly Active Users

  • MetaMask surpassed 1 million users in October 2020.
  • ConsenSys said that the recent rise in popularity NFTs and swaps have seen has contributed to its user growth.

Bitcoin

MoneyGram logo mounted above the entrance of a branch in Bucharest, Romania, 1 January 2021. Shutterstock

MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.

  • The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
  • While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.

Revolut Enables Bitcoin Withdrawals in U.K.

  • The new crypto withdrawal service is still in beta, and is limited to only U.K.-based customers with Revolut Metal accounts and Bitcoin withdrawals.
  • Once the beta is finished, Revolut is likely to roll out the service to more jurisdictions, and support more digital assets.

NYDIG, FIS to Offer Bitcoin Trading to Banks

  • The firms have claimed "hundreds" of banks have signed up for the new program, though most of them smaller financial institutions.
  • The solution will allow banks to offer Bitcoin trading to their customers directly from their existing accounts.

Ethereum

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Wirex Migrates a Portion of WXT to Ethereum

  • A fifth of WXT's total supply (2 billion tokens) will be moved from Stellar to Ethereum.
  • The move is part of Wirex's wider plan to widen access to DeFi and boost crypto adoption.

Uniswap V3 Now Live on Ethereum Mainnet

  • The largest feature of V3 is "concentrated liquidity", which enables liquidity providers to make markets within customized price ranges.
  • The feature also aggregates individual positions into a single pool, forming one combined curve for users to trade against.

S&P Launches BTC, ETH Crypto Indexes

  • SPBTC and SPETH will be tied to Bitcoin and Ethereum respectively, while SPCMC will follow the performance of both assets.
  • The indices were launched on Monday using reference and pricing data from partner firm Lukka.

NFTs

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Binance to Launch ‘Creator-First’ NFT Marketplace

  • Once launched, Binance NFT will provide minimum NFT transaction costs to creators and traders of collectibles.
  • The platform will be divided into two main venues, each targeting different creators, the "Trading Market" and "Premium Events".

Refinable Becomes First Polkastarter IDO Exclusive to Binance Smart Chain

  • The NFT marketplace's IDO will take place on 23 April, with the project distributing 500 million $FINE tokens.
  • This is the first time a project exclusive to BSC is having an IDO on Polkastarter.

Christie’s to Auction Off a Set of CryptoPunk NFTs

  • Christie's estimates the value of the rate set between $7 million and $9 million.
  • The set will be auctioned off at the 21st Century Evening Sale on 13 May, in New York.

Tokens

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EU Regulators Examining Binance’s Stock Tokens

  • The U.K. FCA is reportedly working with Binance to better understand the stock tokens, and what regulation may apply to them.
  • Binance said a prospectus was not required as the tokens were not settled in fiat currency, but in Binance USD (BUSD).

UMA Protocol Launches Call Options

  • UMA’s new infrastructure allows users to build a decentralized call option with any underlying asset.
  • UMA's UMAc35-0421 call option token expires on 30 April and has a strike price of $35.

PSG’s Fan Token Doubles in Value After Team Secures Champions League Quarter-Finals

  • Blockchain platform Chiliz saw record-breaking trading volume with its Fan Tokens.
  • The company plans on capturing more of the sports market with an expansion to the United States.

Initial Exchange Offerings

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Bitcoin.com Will Host the Ideaology IEO

  • The Ideaology crowdsale will be the second one hosted by exchange.bitcoin.com, after the successful IEO of Atari's very own ATRI token last year.
  • The IDEA token will be native to a platform for freelance workers, with an integrated digital marketplace and an Idea launch-pad.