Majority

Compound liquidity miners possess less than 20% COMP tokens

According to a new study, one of the industry’s largest DeFi protocols is experiencing a motivational crisis.  Alex Kroeger, an Ethereum researcher, discovered in his paper that the majority of Compound’s liquidity miners have little to no financial interest in the protocol and do not engage in its governance. The analysis looked at the top 100 accounts by accrued COMP from liquidity mining in order to show that Compound’s liquidity mining needs to be fixed. The miners at compound aren’t holders Compound was one of the first protocols to implement

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries like the Philippines. Naavik Researchers Take a Deep Dive Into Axie Infinity — ‘Scholar’ Earnings Have Been Dropping Since August The Ethereum-based blockchain game Axie Infinity is one of the most popular video games hosted

Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

The Optimal Choice for College: Go Public, or Go Online

Optimal researched the salary and tuition information of over 1,700 colleges that offer bachelor's degrees to find the schools that offer strong alumni outcomes without the high price tag. KIRKLAND, Wash. (PRWEB) November 03, 2021 Choosing the optimal college has long been a difficult process that can take months of stressful research. Many students pore over college rankings that highlight elite, expensive schools. However, for the majority, the best path is not the most costly or prestigious. Rather, the better determinant of an optimal choice lies in two factors: the

Tracking the movement of Bitcoin, Ethereum fund flows from 2020

Over the past couple of years, institutional involvement with major assets such as Bitcoin, Ethereum has been a common affair. However, it has been a difficult task to identify all sources of investments. In late 2020, Grayscale’s Bitcoin accumulation was considered the most influential institutional interest. However, it slowed down in 2021. And yet, capital continued to flow from accredited traders. In this article, we will be highlighting every fund which holds Bitcoin and Ethereum and how their activity has created an impact over a longer time period. The long

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release. The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on. The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap. The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands,

Bitcoin Below $60K for the First Time in 10 Days – Should You Buy the Dip?

Bitcoin is below $60,000 for the first time in over 10 days after what many crypto investors saw as an anticlimactic break of all-time highs. After spending 6 months below its previous all-time high just short of $65,000, Bitcoin made it all the way back and managed to break $66,000 before losing steam. At the time of writing, BTC is trading just above $59,000.  Aside from a few select altcoins, almost the entire crypto market followed Bitcoin’s lead today by making a downward move. As is often the case, excess

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

sponsored According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021,

White hat hacker paid DeFi’s largest reported bounty fee

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have