It’s time to redesign developers’ incentives

Nearly $1.8 billion flowed into crypto investment products over the last 10 weeks, which hasn’t been seen since Bitcoin futures were launched in October 2021. 75 Total views 1 Total shares Bitcoin (BTC)-related investment products have become the “main beneficiary” of recent investor interest in crypto, amid growing anticipation of a spot Bitcoin ETF approval

Launched in September 2020, PancakeSwap is a decentralized exchange (DEX) running on Binance Smart Chain. Instead of allowing its users to trade ERC-20 and ERC-721 tokens, the DEX focuses exclusively on Binance Chain BEP20.By using an automated market maker (AMM), the DEX allows tokens to be exchanged with no need for order books. This is…

A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. 3097 Total views 42 Total shares One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) —  a single transaction that represents more U.S dollar value than the…

Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings. 279 Total views 4 Total shares On June 10, 12 Belarus' commercial and state-owned banks received permission from the national central bank to issue digital tokens. They will distribute these digital offerings through an upcoming pilot program.According to Sputnik Belarus, the…

Major cryptocurrency exchange Binance acquired decentralized app (DApp) information startup DappReview, according to a press release on Dec. 2.Per the release, DappReview’s platform provides its visitors with data analytics, user insights and information for over 3,900 DApps on 13 public blockchains.DappReview founder Vincent Niu explained that the company also provides support for DApp developers in…

Solana (SOL) prices printed another milestone of nearly $85 high on Aug. 27 as traders assessed a flurry of optimistic fundamentals, including Solana's potential foray into Wall Street.On Aug. 24, digital asset management firm Osprey Funds registered a first-of-its-kind Solana fund with the U.S. Securities and Exchange Commission (SEC). In doing so, the New York…

Open Price Feed could be a big step forward for Compound. The Compound protocol is set to introduce Open Price Feed — a decentralized oracle whose crypto market prices will allow the project’s lending system to function.The Open Price Feed is currently being tested on a variety of networks. It has operated for almost two…

Co-founder of Taiwan-based crypto exchange Cobinhood has been removed from corporate affairs since late April 2019, the firm announced on its Telegram group on May 6.Tai-yuan Chen, also known as Popo Chen, has “ceased to participate” in the firm due to “personal and investor disputes,” the announcement says.Specifically, Cobinhood wrote that their team had to…

Michael Saylor compared his firm to a “sportscar” whereas a spot ETF will be like a “supertanker” when it came to giving investors Bitcoin exposure. 381 Total views 7 Total shares MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future…