Day: March 30, 2021

MOB Short Squeeze Has Traders Reminiscing GME Days

MobileCoin (MOB) is up more than five times in the last 48 hours after a trader was borrowing what was at one point $120k worth of the token per hour to short it, according to crypto influencer who goes by Donny Crypto on Twitter. MOB is the MobileCoin project’s token and is intended for use …

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Visa Transacting on Ethereum Signals Stronger TradFi-Crypto Link

Visa is now settling transactions via stablecoins on the Ethereum network. While these are just a tiny sliver of Visa’s total volume, and only apply to one client, the fact that the largest payments network is using a public blockchain signals the integration between traditional finance and crypto is strengthening. The first such transaction in …

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“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT

A DAO bought the artist pplpleasr’s Uniswap V3 teaser video for $525K and she has committed to donating all proceeds to charity. Here’s how probably this year’s most inspiring DeFi story went down.  The 46 second video shows a pink unicorn walking through a barren landscape while tubes, which pplpleasr has later said symbolize the …

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