Merry Christmas! - CRYPTO FRIDAY


Hey DEFI TIMES community,

I hope you all had an awesome time with your family and loved ones. Unfortunately, the markets didn't surprise us with green numbers yesterday. Nevertheless, we were blessed with a crazy Bitcoin rally towards the end of the year. 

Christmas is a great time to reflect on what you did right or wrong during the year. Did you achieve your goals? Are you happy?

When it comes to the crypto markets, I think no one would have thought that 2020 would reward us this much, especially during the March liquidity crisis. 2020 was an insane year, with many ups and downs. 

DeFi was non-existent before 2020; a whole new industry emerged. We saw the DeFi summer, exchange hacks, the US election, Coronavirus, lockdowns, protocol hacks, institutions buying Bitcoin, and so many more mindblowing events.

2020 was packed with uncertainty. But that's how you grow. At least for me, 2020 has been the best year of my life: financially, spiritually, and mentally. And I know many of you feel the same.

So I have an essential message for you today: be thankful. You are one of the few people who thrived in 2020. While many businesses went bankrupt and people lost their jobs, you had a blast. You are one of the lucky ones, and there's no good reason to believe this will change in 2021. 

2021 is going to be even better. Thank you for supporting DEFI TIMES!


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1inch token launch

1inch.exchange launched their own governance token yesterday. It was distributed through a token airdrop, sending tokens to everyone who interacted with the exchange before September 15th. You are also eligible to claim 1inch tokens if you:

- made four trades on 1inch in total

- total volume was above $20

Have fun with your freshly printed Christmas stimulus check!

MakerDAO ETH-DAI collateral

You can now mint DAI on MakerDAO using the ETH-DAI liquidity provider token as collateral!

Comp.Vote

Compound community member Arr00, together with Anish Agnihotri, has released "Comp.Vote". With this tool, active community members can vote on governance proposals without gas.

New Curve pools

SNX Shaula release

This new release by Synthetix adds support for ERC-20 collateral. The first token will be RenBTC. This capability is at the contract level and will be added to the dApp afterward. Additionally, it allows people to short assets against sUSD.

Ledger hacked

Ledger's database with more than 250,000 physical addresses and 1 million email addresses was hacked in June.

This week, a hacker posted the leaked database on Raidforum. All the hacked information is now available for everyone to download on the internet. Hacked databases are nothing new, but this isn't very pleasant, especially when it happens in the crypto space.


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All information presented above is meant for informational purposes only and should not be treated as financial, legal, or tax advice. This article's content solely reflects the opinion of the writer, who is not a financial advisor.

Do your own research before you purchase cryptocurrencies. Any cryptocurrency can go down in value. Holding cryptocurrencies is risky.


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