Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
This Startup Is Forking Compound to Make Hiring More Efficient
Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
Market Wrap: Bitcoin Trading Flat, Holding at $9.6K
Trading volume in the crypto market weakened Tuesday but bitcoin is still holding strong from a recent rally.
Following COMP's Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens
Balancer Labs, the maker of an automated portfolio management tool, has confirmed to CoinDesk it has begun distribution of its BAL token.
Market Wrap: Bitcoin Hits $9.6K as Bullish Crypto Sentiment Returns
Bitcoin is back in bullish territory but can the buying last?
Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi
Compound has overthrown MakerDAO as the decentralized finance protocol with the most value staked, locking $484 million to Maker's $481 million on Saturday.
Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens
Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.
Tether's Supply on Compound Jumps to Over $224M in a Week
Tether's volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.
First Mover: Compound's COMP Token More Than Doubles in Price Amid DeFi Mania
Compound's new COMP token is only five days old but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
