Compound Finance site potentially breached: ZachXBT

Since Sep. 5, many trades in the Bitcoin (BTC) futures market have been seemingly net short. As the majority of placed bets against BTC, the funding rate of BTC futures contracts turned negative.But in the last 30 hours, the price of Bitcoin increased from $10,211 to as high as $10,878 on Coinbase. The large amounts…

San Francisco-based crypto lending and borrowing firm Dharma has announced the start of a closed beta for a new version of its platform.Upcoming changes and short-term timelineDharma announced its new platform iteration in an official blog post on Aug. 29. According to the announcement, Dharma has partnered with the Ethereum-based money market Compound and will…

DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token holders. 109 Total views 10 Total shares In a candid open letter, the lead contributor of Cover and Ruler Protocol, “DeFi Ted,” announced the protocol will close its virtual doors in the near future, citing a mass developer exit as…

Those who have followed the Bitcoin saga from the very beginning know that it’s a mistake in 2019 to only pay attention to the so-called “grandfather cryptocurrency,” as that would mean ignoring Bitcoin’s many relatives (and competitors) that share the same DNA. Bitcoin Cash (BCH), when it comes down to brass tacks, is similar to Bitcoin in…

Coinbase Custody, the custodial tool of United States-based crypto exchange Coinbase, has completed its first over-the-counter (OTC) trade from cold storage, according to a blog post published on March 13.The post reveals that Coinbase Custody is now directly integrated with Coinbase’s OTC desk, which enables customers to use the OTC desk to price and confirm…

The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement. 962 Total views 1 Total shares Per a Tuesday press release, the Libra Association is changing its name to the Diem Association.The shift is likely in the hopes of turning the page on…

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Despite the shift, Cameron and Tyler Winklevoss continue to run the cryptocurrency exchange's global operations. 375 Total views 5 Total shares Cameron Winklevoss, a co-founder of cryptocurrency exchange Gemini, has stepped down from the European company board of directors, according to a Companies House filing from Oct. 12.As indicated in a statement sent to the local press,…