Day: July 27, 2021

senate

Senate Committee Calls for Crypto Regulations, Labeling Decentralization “Phony”

Brace yourself Defiers: Government regulation in the U.S. is looking more and more like an inevitability. On July 27, the U.S. Senate Committee on Banking, Housing and Urban Affairs conducted a hearing to explore potential regulation needs for the cryptocurrency sector. The hearing, titled “Cryptocurrencies: What are they good for?,” largely centered around whether or …

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ygg

Yield Guild Games Raises $12.5M in 31 Seconds on Token Sale

Yield Guild Games, an investment DAO focused on the use of NFTs in virtual worlds and blockchain games, raised $12.5M in 31 seconds on July 27.  The launch, which happened on Sushiswap’s Miso token launch platform, caused a frenzy as only 32 wallet addresses bought up 25M of the DAO’s YGG tokens in the span …

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GSdefi

There’s Still a Chance the Goldman Sachs DeFi ETF Won’t Track a Boomer Tech Index

Goldman Sachs’s proposed DeFi ETF has sparked speculation that the fund has more to do with boomer tech than DeFi — but there’s still a chance the banking giant may redeem itself.  Goldman Sachs’s DeFi and Blockchain Equity ETF will track the Solactive Decentralized Finance and Blockchain Index, according to the SEC filing. While the …

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Bare Knuckle Governance tales from the streets UNI SUSHI ADDY

Bare Knuckle Governance, Tales From the Streets ($UNI, $SUSHI $ADDY)

Governance has been dominating the conversation in recent weeks as DAO’s explode out of every orifice and big money decisions grip the communities of Sushiswap and Uniswap. Adamant shocked everyone by attempting to blacklist the wallets of Alameda Research. What’s going on in this new era of gloves off governance behaviour and what is a16z …

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Robinhood Plans to Bolster Crypto Post-IPO

Retail investor-focused stock trading app Robinhood plans to bolster its crypto functionality. Ahead of its upcoming IPO on July 29, Robinhood livestreamed its “roadshow” to give investors insight into the company’s growth plans. Referring to Robinhood’s crypto offerings during the livestream, CFO Jason Warnick said the company would be “making a lot of investments in …

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DeFi is Getting Into Everything

Crypto isn’t just about simple financial tools anymore. Any project can be a DeFi project. Here’s how. The current crypto bear run is finally seeing a few flecks of green, but some still believe that plunging through multiple death crosses puts us firmly in bear territory. Others believe we have already hit rock bottom and …

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Decentralized or Not? The Uniswap Protocol and Interface Are Different Beasts

Uniswap is one of the few DeFi protocols that runs fully permissionlessly, without interruptions or possible human intervention. It’s considered to be the gold standard for the space, which is why it was so jarring when management behind the decentralized exchange decided to remove 100 tokens from its interface. Uniswap Labs is the software development …

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