• 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.

  • Bitcoin falters Ether XRP surge
    Alt coins,  Bitcoin,  Ethereum,  Ripple

    Is altseason upon us? As Bitcoin falters, Ether and XRP surge ahead

    Altcoins are picking up where the world’s biggest cryptocurrency left off, with XRP surging by a staggering 113% over the past seven days to regain its Top 3 spot

    BTC prices have risen by 9.7% over the past week, gains that aren’t to be sniffed at. But this pales in comparison to the 31.8% surge in ETH over the same period, with XRP climbing by a staggering 113.25%.

  • PayPal Schulman crypto easy
    Alt coins,  Bitcoin,  Ethereum

    PayPal CEO: We’ll make it ‘very simple and easy’ to use crypto every day

    In an interview, Dan Schulman predicted that PayPal’s embrace of bitcoin and three other cryptos will help bring digital currencies into the mainstream

    “Early next year we’re going to allow cryptocurrencies to be a funding source for any transaction happening at all 28 million of our merchants, and that will significantly bolster the utility of cryptocurrencies," Schulman said.

  • Ethereum Classic launches Wrapped ETC
    Alt coins

    What’s the point? Ethereum Classic launches Wrapped ETC

    ETC owners will be able to wrap their cryptocurrency and use it on DeFi protocols based on Ethereum, the same blockchain that it’s meant to rival

    Ethereum Classic Labs has launched Wrapped ETC—becoming the latest blockchain to jump on the decentralized finance bandwagon. It’s hoped that the release of WETC will unlock access to DeFi protocols, which are often to be found on the Ethereum blockchain. Could this lead to a thaw in frosty relations between ETC and ETH devotees, and does this render the classic network rather useless?