Balancer, a popular protocol for programmable liquidity mostly on Ethereum, surprised users with a centralized action. Although it is completely understandable, it does make clear there is a feature here that can turn into a problematic vulnerability later.
So @BalancerLabs just blacklisted a pool and removed it from their frontend… a pool with **$20 million** of funds in it.— ⟠ toast.eth 🦄 (@intocryptoast) July 29, 2020
They did this without any community governance at all. pic.twitter.com/bKq9Qt8rRv
This week it was nice reading the fake report on Chainlink. Fake, yes (seemingly not published by Zeus Capital as it says), but some arguments make sense if you like. A market cap of more than 2.6 billion seems somewhat over the top to me.
However, dyor of course.
The (Fake) report: https://chainlink.docsend.com/view/nfrvnyuuzrf2d5va
Is NEXO, the crypto lending platform, involved?
An article reflecting on the report & the Nexo connection: https://beincrypto.com/dubious-report-claims-that-chainlink-link-is-a-giant-fraud/
BREAKING! 📢 The world's largest cryptocurrency exchange @Binance partners with @blockFoundry (CSE:BCFN) to adopt @Syscoin Platform for blazing speed & cost savings for #BUSD #stablecoin users. @cz_binance, you can now use Binance USD on the $SYS platform! ✅ Blog post in thread. pic.twitter.com/kTKYJ037Uw— Syscoin (@syscoin) July 23, 2020
🙌 “The #US Office of the Comptroller #OCC of the #Currency announced Wednesday that national savings #banks and federal savings associations can provide #cryptocurrency #custody services to their customers.” https://t.co/6sfv90lML8— Bart van Maarseveen (@bvanmaarseveen) July 22, 2020
Can’t imagine why… pic.twitter.com/Y88if2bE8W— Alistair Milne (@alistairmilne) July 22, 2020
But will the banks hedge against their own system?
But if they do, it will have impact:
New on-chain analysis from Whale Alert says Bitcoin’s anonymous creator Satoshi Nakamoto mined an estimated 1,125,150 BTC, now worth an estimated $10.9 billion.— email@example.com (@ionpayasia) July 22, 2020
Whale Alert Identifies 1.125 Million BTC as Satoshi’s Stash https://t.co/Xy6pck9Eqa via @coindesk
It’s a real revolution getting interesting discussions on Twitter.
Today the world changed forever.— Ed Leon Klinger (@edleonklinger) July 17, 2020
Why? Because a group of Artificial Intelligence researchers released something called "GPT-3".
In short: it's a computer program that can interact like a ridiculously intelligent human.
And it will blow your mind 👇
Not only is it an ouroboros (snake eating it’s own tail) of a GPT-3 AI writing a post in the style of the author, the topic of identity reset in modern society is one that I have thinking of for a while but had not seen others write about & it is one I can imagine by @nayafia. https://t.co/8BI4bOCUK5— Christopher Allen (@ChristopherA) July 23, 2020
BitGo, one of the largest and oldest custodians for digital assets, is joining the fast-growing business of lending out bitcoin and other cryptocurrencies to big investors.@Liqquidity reports.https://t.co/uETrk5h58F— CoinDesk (@coindesk) March 5, 2020
📢 Press release: Major central banks (including #ECB) along with the Bank for International Settlements (#BIS) have formed a group to analyze the potential utility for #CBDC's https://t.co/sXnhYRO9jA #centralbank #cryptocurrency #digitalcurrency #crypto— Bart van Maarseveen (@bvanmaarseveen) January 21, 2020