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Daily Crypto Report

"DeFi, Profits, and Liquidations" November 28, 2020

28 Nov 2020

Description

Today's blockchain and cryptocurrency news Episode brought to you by ungrocery.com Bitcoin is up 1% at $17,185 Ethereum is up 1% at $519 and XRP is up 5% at 56 cents Top gainers in the last 24 hours: Cardano, up 16% Dash up 16% Ripple is selling one third of its stake in MoneyGram. Cyberpunk holdings has liquidated its Ether and Monero to buy more bitcoin. Curve Finance will distribute nearly $3 million in fees to governance token holders. Crypto Custodian Copper is looking to make the DeFi space more desirable to institutions. A DAI price increase led to liquidations in excess of $88 million at Compound. Links: Moneygram International Inc Acquisition Statement SC 13D/A Cypherpunk Holdings Inc. Announces Updated Bitcoin Holdings Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders - CoinDesk Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool - CoinDesk šŸ¤– Leshner on Twitter: "This morning, $DAI prices on Coinbase Pro escalated rapidly, leading to the liquidation (repayment) of 85.2M DAI borrowed from Compound. 124 of 225,793 users were impacted; there are no under-collateralized accounts, and all markets are healthy. https://t.co/p2l3v7fNov" / Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices

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