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DeFi startup Balancer Labs rolls out latest version of its automated market-making protocol
Balancer V2 features an updated user interface. The team behind the iteration also claims it will reduce gas fees for its customers.
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ADAM hires former Treasury official to help set best practices for crypto firms
At ADAM, Robert Baldwin will "help execute ADAM's strategic initiatives" and "engage in policymaking activities."
Polkadot platform for DeFi derivatives lands $6.4 million in seed funding
Derivatives platform DTrade joins a wave of DeFi projects that are starting to build out products on Polkadot.
Grayscale Bitcoin Trust hits record discount of over 20%
The Grayscale Bitcoin Trust (GBTC) product, which has been consistently trading at a discount for almost three months, hit a new record low on Tuesday.
Congressional lawmakers push for clearer accounting standards for digital assets
The Blockchain Caucus is also putting together a series of educational briefings on blockchain and crypto for Congress.
Steve Cohen's Point72 is poised to make a 'big' crypto market entrance: sources
Sources say that Point72, the hedge fund founded by billionaire Steve Cohen, is actively looking to begin deploying capital to the crypto market.
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Tether reveals a breakdown of its reserves for first time since 2014 launch
Stablecoin issuer Tether has revealed a breakdown of its reserves, providing specific percentages for each category.
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Revisiting Maker: Expanding the TAM
As covered in last year’s Summer of DeFi report, the outsized growth in volumes and capital flow (usage) of DeFi protocols helped to materialize protocol revenue (defined as revenue that is earned by both underlying protocol token holders and protocol liquidity providers) last summer (<$50 million across DeFi). 8 months and a bull market later […]
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Huobi regroups investment arms to Huobi Ventures with $100 million allocation
Crypto exchange Huobi has merged its investment arms into Huobi Ventures with $100 million as starting capital.
Bitcoin's mining difficulty adjusts to a new high with the biggest increase since 2014
The latest adjustment comes after a speedy recovery of the network hashrate from the recent incident in China's Xinjiang province.