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Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
The Family Guy AI Stream Became Unwatchable Due To All The Screaming
26.3.2024
An automated YouTube stream that broadcasts AI-generated Family Guy “episodes” based on user-submitted pitches was recently broken and made unwatchable after someone realized they could make the characters scream gibberish endlessly using a few specific commands. Read more
YouTube Now Requires Creators To Label AI Content
14.11.2023
As AI-generated content continues to encroach on everything from advertising to the voice acting profession, YouTube is adding a requirement for users to flag their videos when they include anything made by an AI program. However, looking at the guidelines, it doesn’t seem like the video hosting...
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
BadgerDAO releases ‘Purple Paper’ for eBTC synthetic Bitcoin
27.7.2023
BaderDAO recently announced the official release of Purple Paper for eBTC synthetic Bitcoin. The announcement was made via a string of tweets by eBTC. BadgerDAO linked the extensive Purple Paper for users to comprehend every complexity of eBTC. Moreover, the platform stated how the eBTC Protocol...
DeFi Needs More Than ‘Synthetic High-Yield Products’: Dragonfly’s Haseeb Qureshi
28.4.2023
The venture capitalist discusses non-ZIRP monetary policy, rebooting crypto’s market structure and why Ponzi bubbles always burst
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
17.2.2023
Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon
Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices
6.12.2022
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place....
Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
26.11.2022
This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
3.8.2022
Stablesats lets people use Lightning for everyday payments without exposure to short-term volatility
Stats Show Over 53,000 Wrapped Bitcoins Were Removed From Circulation in the Last 3 Months
24.7.2022
Three months ago, there were 441,546 wrapped or synthetic bitcoins on the Ethereum and Binance Smart Chain worth $17.45 billion using exchange rates on April 24, 2022. Since then, that number has dropped by 53,582 synthetic bitcoins and today the number of wrapped or bonded bitcoins...
Maker founder proposes MetaDAOs and synthetic ETH in 'Endgame Plan'
3.6.2022
Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether
RUNE rally: A closer look at THORChain’s new synthetic assets
21.3.2022
A THORChain synth is unique: Backed by 50% of the underlying asset and 50% of RUNE instead of 100% of the actual asset
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
THORChain’s RUNE Surges 37% After DeFi Synthetic Assets Goes Live
10.3.2022
THORChain’s Chaosnet supports swaps between several major cryptocurrencies using its RUNE token
THORChain spikes by 34% after activating synthetic assets
10.3.2022
“Trading with synthetics on THORChain has half the swap fees, making swaps cheaper, cheap gas fees, and faster for traders. You can do near-instant trades at a high volume,” said developer Chad Barraford
Synthetic asset protocol for Polygon raises $1.5M from major investors
16.11.2021
Polysynth aims to support trading for 100,000 different synthetic tokenized assets through its “virtual market maker” protocol
Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
5.11.2021
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation, bitcoin’s market valuation is over $1.16 trillion today. Meanwhile, the number of tokenized bitcoins in existence today has swelled significantly during...
Uniswap delists 100 tokens from interface including options and indexes
26.7.2021
Synthetic tokens and tokenized stocks have made it onto Uniswap Labs’ black list as regulatory concerns mount