DeFi hits $2 billion in total value locked; Compound snatches MakerDAO’s top spot

DeFi hits $2 billion in total value locked; Compound snatches MakerDAO’s top spot

The Block     •     July 7, 2020, 8:00 am

The decentralized finance (DeFi) market continues to grow fast. It has now hit the $2 billion mark in total value locked (TVL) for the first time ever, according to DeFi Pulse. TVL is the total…

Dogecoin Gains 20% Amidst TikTok Pumping Challenge

Cointelegraph.com News     •     July 7, 2020, 9:47 am

Dogecoin has surged almost 20% this week, possibly due to a viral TikTok challenge that encourages users to get rich should the coin's price hit $1.

Ousted Bitmain co-founder sets up new corporate account and website

Decrypt     •     July 7, 2020, 8:56 am

Bitmain has a new address, bank account, and website.  On July 6, Bitmain’s WeChat account, which is believed to be under ousted co-founder Micree Zhan’s control, published an announcement saying…

A majority of financial services companies plan to double-down on AI and other high-tech tools that have helped the industry thrive during the coronavirus crisis, according to a new study

Finance     •     July 7, 2020, 10:00 am

Investments in cloud computing and other digital technologies helped ensure the financial services industry's resilience during coronavirus pandemic. Now, those investments are poised to accelerate…

中国のデジタル人民元、「テザーの立場を脅かすのは難しい」＝香港拠点の仮想通貨企業幹部

仮想通貨・ビットコインのニュースサイト｜コインテレグラフ ジャパン     •     July 7, 2020, 7:59 am

中国の中央銀行が発行しようとしているデジタル通貨（デジタル人民元）が仮想通貨（暗号資産）化されたドルであるテザー（USDT）など仮想通貨の立場は脅かすのは難しいとの見方も出ている。