Anchorage Digital adds Ethereum DeFi Token dYdX to their portfolio
Anchorage, a cryptocurrency custodian, is expanding its operations to include governance services for decentralised financial tokens, according to a press release. Upon the launch of the dYdX governance token, Anchorage Digital will be able to take custody of the token on behalf of its customers, the company announced today in a press release. dYdX comes […]
Lattice Exchange provides a platform for finding undiscovered cryptocurrencies
Cryptocurrency investors are always on the lookout for the next low-cap jewel to invest in, Lattice has developed a new platform that could provide investors with an early look at up-and-coming projects in the future. With the debut of a new product, Lattice Exchange , an automated market maker for the DeFi market, aims to […]
Bank of Korea: Crypto will be used as an investment tool
With bitcoin (BTC) and altcoins set to “replace legal currencies” in the future, South Korea’s central bank, the Bank of Korea (BOK), has issued a surprisingly crypto-friendly assessment. There were also some encouraging remarks for stablecoin developers and enthusiasts of decentralised finance (DeFi). On August 8, the BOK issued a paper titled “The Possibility of […]
Circle aims to establish a fully-capitalized national digital currency bank
Circle is willing to operate under the auspices of the Federal Reserve, the United States’ central bank. Treasury, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation, CEO Jeremy Allaire stated. Circle , a digital payment business sponsored by Goldman Sachs, has announced its intention to become a full-reserve national […]
Just two days after the launch of EIP-1559, $30 million of Ethereum was lost
As a result of the London hard fork (EIP-1559), which took effect on August 5, the Ethereum network has withdrawn $30 million from circulation. The London hard fork modified the way miners get compensated. Since it went into effect two days ago, Ethereum’s new transaction fee-burning mechanism EIP-1559 has taken $30 million in ETH from […]