Key Takeaways Indonesia is working on a central bank digital currency, Governor Perry Warjiyo has announced. Transaction volumes on digital banking platforms has surged since the start of the pandemic. The U.S. and a number of other countries are also in the process of researching CBDCs. Share this article Indonesia has seen a strong increase…
Share this article More promising developments on the Polygon network, this time courtesy of Formation Fi. Formation Fi to Build on Polygon Formation Fi is developing an automated market maker on Polygon. The DeFi project is hoping to leverage Polygon’s scaling capacity to create a chain-agnostic yield farming protocol. Polygon is one of Ethereum’s leading…
Key Takeaways Vitalik Buterin has shared his thoughts on ETH’s potential as a form of money in a podcast about “legitimacy.” Buterin argued that legitimacy and social contracts control resources associated with blockchains like Ethereum. He also said that NFTs have played a key role in giving Ethereum legitimacy. Share this article Is ETH money?…
Key Takeaways UNI tokens could be used to relay a secure price feed for ETH/USD due to Uniswap’s high market cap. A higher market cap means acquiring enough UNI tokens to create an oracle attack would be too expensive for hackers. Vitalik Buterin said Chainlink’s current incentive system is not perfect and Chainlink is better…
Key Takeaways Sushi has created a platform called MISO for new projects to list tokens on SushiSwap. MISO is a suite of smart contracts that allows for the creation of tokens to be sold in crowdsale or auction formats. The first sale on MISO will feature 888 tokenized bottles of sake listed in a Dutch…
Key Takeaways UMA has launched a new system that resolves price requests without relying on an oracle for data. The system works “optimistically,” meaning disputes are only raised if the requested data is wrong. UUMA launched as a DeFi platform for synthetic assets but hopes to become a powerful tool for building any kind of…
Share this article Polygon lands another massive integration: 1inch Network has launched on the scaling solution. 1inch DEX Launches on Polygon 1inch Network, the popular protocol that aggregates some of DeFi’s most essential projects in one app, has gone live on Polygon. 1/ In the Age before #Crypto, the world was shrouded by fog. But…
