According to a company statement, MetaMask is introducing a new feature that will allow its users to track the value of their NFT portfolio. Users of the wallet will be able to see updated pricing information for more than 5,000 NFT collections. The feature is the result of a partnership between the crypto wallet and … Read more
The new installment of DeFi Visions, a series of video interviews in which 1inch talks to the most prominent projects and personalities in DeFi, features the main takeaways from a recent interview with MetaMask’s Jordan Spence. Jordan Spence’s journey with the Ethereum ecosystem began in mid-2017. “I hadn’t heard about Ethereum until May of 2017,” he … Read more
To the DeFi community, This week, crypto exchange FTX is reportedly looking to acquire centralized lending platform BlockFi for a sum between $25 million and $50 million. Sources believe the deal is expected to complete by the end of this week, however BlockFi CEO Zac Prince has denied the $25 million figure and FTX has … Read more
To the DeFi community, This week stablecoin issuer Circle has announced the launch of Euro Coin (EUROC), a new stablecoin pegged to the euro. The new token will be available as of June 30, beginning as an ERC-20 token on the Ethereum network and expected to expand to other blockchains later in the year. 1/ … Read more
To the DeFi community, This week, Optimism raised $150 million in a Series B round that valued the Ethereum scaling solution at $1.65 billion. Optimism says they’ll continue improving the protocol to reduce transaction fees, including by adding additional developer talent to the team. After over a year on mainnet, our milestones keep adding up: … Read more
To the DeFi community, This week, Ethereum L2 solution Arbitrum finally launched with a fresh $120 million from a series B funding round led by Lightspeed Venture Partners. The differences between Arbitrum and competitors like Optimism are subtle, but in general Arbitrum is likely to have cheaper transaction fees long term, and will function more … Read more
Coinbase has announced its very own browser extension for its Coinbase Wallet, which will enable users to connect to decentralized applications (DApps) in a Metamask-like fashion. The new extension is expected to vastly improve user experience for the wallet’s one million users when using their favorite DeFi applications, such as Uniswap and Compound. Until now, … Read more
Adam Bavosa Jul 16, 2020 · 5 min read Compound’s governance system is powered by COMP token, which is distributed to users of the protocol. COMP token holders receive voting power on a 1–1 basis to the amount of COMP held; this voting power can be delegated to any address, and then can be used … Read more