"DeFi, Profits, and Liquidations" November 28, 2020
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Show Notes
Today's blockchain and cryptocurrency news
Episode brought to you by ungrocery.com
Bitcoin is up 1% at $17,185
Ethereum is up 1% at $519
and XRP is up 5% at 56 cents
Top gainers in the last 24 hours:
Cardano, up 16%
Dash up 16%
Ripple is selling one third of its stake in MoneyGram.
Cyberpunk holdings has liquidated its Ether and Monero to buy more bitcoin.
Curve Finance will distribute nearly $3 million in fees to governance token holders.
Crypto Custodian Copper is looking to make the DeFi space more desirable to institutions.
A DAI price increase led to liquidations in excess of $88 million at Compound.
Links:
- Moneygram International Inc Acquisition Statement SC 13D/A
- Cypherpunk Holdings Inc. Announces Updated Bitcoin Holdings
- Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders - CoinDesk
- Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool - CoinDesk
- 🤖 Leshner on Twitter: "This morning, $DAI prices on Coinbase Pro escalated rapidly, leading to the liquidation (repayment) of 85.2M DAI borrowed from Compound. 124 of 225,793 users were impacted; there are no under-collateralized accounts, and all markets are healthy. https://t.co/p2l3v7fNov" / Twitter
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