The annualized percentage yield from providing stablecoin liquidity on Curve’s 3pool, also known as DeFi’s savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.
SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable.
Some are calling the new protocol, which stores NFTs on Bitcoin, as an attack on the blockchain’s original mission to conduct financial transactions, while others say the new use case should be embraced alongside other demands for block space.
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month.
The generative artwork, which depicts Vitalik Buterin in a harlequin suit, changes every day in response to external data.
Defunct crypto trading firm Alameda Research – one arm of FTX founder Sam Bankman-Fried’s former empire – wants to regain around $446 million transferred to bankrupt lender Voyager Digital prior to Alameda’s own bankruptcy filing, a new lawsuit says.
A number of media companies filed to get the court to release the names of the people who co-signed Bankman-Fried’s $250 million bail bond.
The decentralized autonomous organization is raising funds for research on technologies that target human aging.
The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike.
Luzius Meisser, chairman of the Swiss crypto firm, weighs in on why the E.U. is likely to try to build a firewall around crypto rather than prohibit its use altogether.