• Huobi Filecoin IPFS Web 3.0
    Alt coins,  Technology

    Huobi, Protocol Labs jointly launch $10M Web 3.0 incubation center

    The two firms will collaborate to incubate, invest in, and develop communities for projects that employ IPFS and Filecoin

    Protocol Labs user experience lead Jessica Schilling said interplanetary file system, or IPFS, aims to break the internet free from the monopolistic control of a few mega-corporations like Amazon, Microsoft, Google, and China’s Alibaba and Tencent. She also noted that the system can prevent censorship in places like Turkey, where a local version of Wikipedia is being hosted after the government blocked access to the standard Web 2.0 version of the site.

  • First DeFi merger
    Alt coins

    First DeFi merger? Yearn.Finance and Pickle Finance join forces

    The two DeFi protocols aim to ‘reduce duplicate work, increase specialization, and to leverage shared expertise.’ Of course, there was that $20 million Pickle hack

    As part of the integration, deposits made into Yearn’s v2 Vaults and Pickle’s Jars will merge, meaning that users making deposits will earn rewards from both the protocols. The merger will become effective when the second version of the Yearn.Finance protocol—which is currently under development—comes online.

  • Ethereum,  Technology

    ETH 2.0 to launch on Dec. 1 as deposit contract milestone reached

    The Phase 0 beacon chain of the ambitious upgrade will make its long-delayed debut next week. But it’s going to be a challenging couple of years for Ethereum developers

    A minimum of 524,288 ETH (worth $316 million at the time of writing) needed to be staked, locking it up into the contract for the ETH 2.0 upgrade to commence.

  • The Giving Block crypto donation
    Bitcoin,  Cryptocurrencies,  People

    Make Bitcoin Tuesday a time for giving

    Crypto donation firm The Giving Block is launching a new donations campaign on Dec. 1

    The Dec. 1 fundraising campaign aims to “recreate the magic” of the 2017 Pineapple Fund, and is greatly aided by the fact that the number of charities and nonprofits accepting donations directly in BTC has jumped 10 time since 2019, from 12 to more than 120. That includes some big-name charities, including Save the Children, No Kid Hungry and The American Cancer Society.

Subscribe to the
MODERN CONSENSUS Newsletter