ROLLUP: 5th Week of December
Bankless
Navigating the Unpredictable World of DeFi
This chapter explores the unexpected behavior in the DeFi landscape, focusing on a hacker who returned stolen funds and the implications of such actions. It also underscores the critical need for secure asset management via hardware wallets and innovative yield strategies.
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ROLLUP: 5th Week of December
MARKET
BTC Price- Almost 29k!
ETH Price- Just hit 750!- 50% away from ATH price
Blow off tops coming??We are very far away from the 20 week MA!
TVL in DeFi- Up from 14B to 14.4B
DPI - Up from $108 to $117
2.2M ETH in ETH 2, $1.65B
Futures value Coinbase at $50Bhttps://ftx.com/trade/CBSE/USD
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RELEASES
1INCH token releasedhttps://1inch-exchange.medium.com/1inch-token-is-released-e69ad69cf3ee
Haseeb’s take on Stablecoins
DeFi events of the year graphic
https://www.theblockcrypto.com/linked/89271/here-are-some-of-the-biggest-defi-events-in-2020
Opyn V2https://medium.com/opyn/opyn-v2-is-live-11347240b46e
YAM rebasing DISABLED
https://twitter.com/YamFinance/status/1343966274095902720
YAM released Degenerative Finance on UMA
https://medium.com/yam-finance/degenerative-finance-ugas-explained-458bedbc2f17
- YAM acting as a good DAO!
Primitive is Live on Mainnethttps://primitivefinance.medium.com/primitive-is-live-on-mainnet-2261c5b098c5
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NEWS
New SEC Chairman appointed: Elad Roisman https://u.today/breaking-new-pro-crypto-sec-chairman-appointed “Known as one of the most crypto-friendly SEC commissioners. A vocal supporter!
The fact that Roisman is at the helm of the SEC also significantly boosts the chances of a Bitcoin-tied exchange-traded fund (ETF) being approved in the coming years.
Mnuchin wants onchain KYC for all ETH wallets that have stablecoins in themhttps://twitter.com/jchervinsky/status/1341864829171228676?s=20
Comment window period open on the FinCEN proposal to extend KYC to non-custodial walletshttps://twitter.com/jchervinsky/status/1341847200209530883?s=20
Etoro IPO rumorshttps://cointelegraph.com/news/crypto-friendly-trading-firm-etoro-rumored-to-be-prepping-for-2021-ipo
Coinbase Delists XRPhttps://twitter.com/coinbase/status/1343685626001039360?s=20
Also Binance UShttps://twitter.com/binanceus/status/1344372892205608961?s=21
Also Bittrexhttps://twitter.com/BittrexExchange/status/1344056304617177089
Also trading deskshttps://www.theblockcrypto.com/linked/89083/jump-trading-galaxy-xrp-market-making
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Cover Protocol Exploit
https://coverprotocol.medium.com/12-28-post-mortem-34c5f9f718d4
https://twitter.com/CoverProtocol/status/1343581331448586245
https://etherscan.io/tx/0xc2fd5094c1e108f83222a86bd46b35fc0da35616385d681964b22003643f982e ____
TAKES
Uniswap means you can't be delisted (sorry XRP)https://twitter.com/RyanSAdams/status/1343740028766347265?s=20
DChttps://twitter.com/iamDCinvestor/status/1344138701757153281?s=20
Can’t delist on Uniswaphttps://twitter.com/RyanSAdams/status/1343740028766347265?s=20
Ethereum is the TAMhttps://twitter.com/panekkkk/status/1343269535919562753?s=20
Ethereum doesn’t marginalizehttps://twitter.com/evabeylin/status/1341793825962958848?s=20
Degens are funding Open Sourcehttps://www.coindesk.com/defi-degens-funding-next-wave-open-source
Ethereum is the last bastion for Yieldhttps://twitter.com/TrustlessState/status/1344378165414617088?s=20 ------Don't stop at the video!
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