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Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting


The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...

Coinbase VP of Business and Data Will Leave Over Mission Statement


In a LinkedIn post, Vice President of Business and Data Dan Yoo announced he was leaving the company after CEO Brian Armstrong released a blog post saying the company was moving in an ‘apolitical’ direction and later offered a severance package for employees who disagreed

Ethereum Transaction Fees Fall 82%, as Defi Hype Eases


The average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The decline may be the result of a slow down in the hype around decentralized finance (defi) protocols. According to data from Glassnode...

Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority


Coinbase is handing over customer data to the British tax authority, Her Majesty’s Revenue & Customs (HMRC). The measure affects customers with a U.K. address who received more than £5,000 ($6,450) worth of cryptocurrency during the 2019/20 tax year. On Oct. 2, Coinbase sent...

Chainalysis and Integra Win $1.25 Million IRS Contract to Break Monero


Crypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million contract to provide tools that break the privacy-focused coin, monero, for the U.S. Internal Revenue Service (IRS). Floated early September, the one-year contract specifically covers...

There’s a good reason why experienced devs say “it depends” so often


I feel like Jerod Santo really understood what I was trying to say in Weaved Webs, when I was trying to cover the emerging WordPress (“versus”) Jamstack conversation. If you asked El Duderino if you should go Jamstack he’d probably tell you, “It’s a complicated case. Lotta ins. Lotta...

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