Paddy Baker

Latest from Paddy Baker
DeFi 'Vampire' SushiSwap Still Hemorrhaging Liquidity
Uniswap challenger SushiSwap continues to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.

Is Reddit’s MOON Token Really 2,000x Bigger Than the Global Economy?
A unique anomaly means the market cap for a token for incentivizing content on a particular Reddit forum has ballooned to $2.88 septillion.

Regulated US Exchange Gemini Now Offers Confidential Zcash Withdrawals
Gemini said adding shielded zcash withdrawals showed regulators could be made to be comfortable with privacy coins.

Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned
DeFi protocols UniLend Finance and PlotX announced Tuesday they had both successfully completed their seed rounds.

SEC Won't Take Action Against Compliance-Focused Digital Security Exchanges
Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.

Relief and Regret: Crypto Twitter Reacts as Coinbase Says 'No' to Corporate Activism
Brian Armstrong has split the crypto community down the middle after taking the stance that Coinbase will remain "laser-focused" on its mission and keep activism out of the workplace.

Filecoin Confirms Long-Awaited Mainnet Launch for Next Month
Three years after its $257 million ICO, decentralized data storage provider Filecoin has said mainnet will go live in mid-October.

Bitcoin Miner Producer Ebang Blames Coronavirus for 50% Slump in Revenue
Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue.

Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation
Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation.

$2B Locked: Uniswap Now Bigger Than Entire DeFi Industry Just Two Months Ago
After passing $2 billion in locked assets, there's now more value in Uniswap than there was in the entire DeFi space on July 9.
