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Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation


A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...

Kyber Network Doubles in a Month as Platform Upgrade Nears


On a day when major cryptoassets like bitcoin (BTC) and ethereum (ETH) barely moved at all, the decentralized token swap protocol Kyber Network’s KNC token saw a massive rise in price for the fifth consecutive day as the launch of its Katalyst platform upgrade got closer. The token, ranked 37th...

Russian Blockchain-powered Voting Platform ‘Withstands Node Attack’


The operators of Russia’s blockchain voting system say their platform successfully repelled a hacking attack in the nation’s referendum on constitutional reform. Blockchain voting is being piloted in the cities of Moscow and Nizhniy Novgorod, and began on June 25. Citizens in both cities were...

KPMG Introduces Cryptocurrency Management Platform


KPMG has launched a cryptocurrency management platform designed to accelerate institutional crypto adoption. KPMG’s patent-pending tool aims to bridge traditional data and crypto systems, integrating key use cases of cryptocurrency, including custody, wallets, and anti-money laundering (AML)...

17 Companies to Make Blockchain ID Platform; CBDC Calatyst + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news A total of 17 Chinese tech companies, including a number of banks, will co-launch a decentralized...

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