Rebase Tokens and Elastic Finance: They’re Not What You Think Elastic finance (EeFi) offers an exciting monetary and technological innovation, the likes of which has not been seen in the cryptocurrency market in many years. The emerging elastic finance sub-sector – led by Ampleforth – features tokens that experience dynamic supply adjustments called rebases. The…

On the 18th December, The U.S. Financial Crimes Enforcement Network (FinCEN) released a proposed rule that would instill record keeping and reporting requirements for transactions by or to a bank or money service business involving an “unhosted or otherwise covered wallet.” The 15 day comment period to respond to this proposal ended with over 65K…

In this week’s podcast episode, we interview Fred Chesnias, the CEO of Atari. The video game company now has a token and plans to release a wallet and even an exchange. The token is an erc20, which Atari hopes will get used across any game, not just its own. With the token, users will be…

Pro-Trump rioters lay an unprecedented siege on the U.S. Capitol, effectively shutting down and forcing an evacuation of the Congressional session intended to certify the electoral votes in favor of president-elect Joe Biden. One thing is clear: the U.S. government is in turmoil.  Meanwhile, the Dow Jones ended the day on a record high and…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock This Week: Ethereum’s Growth Catalysts Amidst an Overheated Market After underperforming Bitcoin in Q4, Ether’s price has managed to grow by over 60% in the first week of January. Having officially launched phase zero of ETH 2.0 in December, Ethereum has seen a wave of positive events unfold.…

ShapeShift will be fully embracing DeFi protocols and getting rid of KYC. The Colorado-based company will now route traders to decentralized exchanges, rather than holding cryptocurrency and being the counterparty in customers’ trades. This change allows it to stop collecting users’ information. Only ether and ERC20 tokens are supported for now. Fundamental Change  “Today, ShapeShift…

It’s a bullish crypto market right now, and Deribit wants to make sure traders can be as optimistic as they want. The exchange is giving traders a way to bet on ETH reaching $10k by year end. The cryptocurrency futures and options exchange is introducing an ETH option with a $10K strike price and Dec.…

Uniswap liquidity is fast approaching an all-time high and this time the most used decentralized exchange (DEX) isn’t riding the wave of its liquidity mining program. The automated market maker (AMM) hit a previous high of $3.36B in liquidity during the end of its incentive program when the exchange was awarding liquidity providers (LPs) with…

In a landmark decision issued by the US Office of the Comptroller of Currency (OCC), national banks and federal savings associations have been granted permission to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities. This allowance for the integration of US centralized banking with emerging, decentralized technology speaks to…

Wall Street’s favorite ether investment vehicle is plunging just as the underlying cryptocurrency is near records. But there’s a good reason why. Grayscale’s Ethereum Investment Trust, ETHE, has dropped from a 6-month high of $23 on Dec. 22, to $14 at the time of writing. That ~40% drop contrasts with the near 70% rise of…