πŸš€ Uniswap has MORE Trading pairs than the next 10 DEX COMBINED πŸ“Š

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    πŸš€ Uniswap has MORE Trading pairs than the next 10 DEX COMBINED πŸ“Š

    Did you know that Bitcoin Mirers are technically 4000 times more powerful than the biggest supercomputers in the world?

    Greetings, Geckos all over the world!

    Did Bitcoin hit another ATH, again? Yes, but not in the way you expected (or hoped), however, this increase in bitcoin mining power only lends more credibility to the hardiness of the Bitcoin Protocol as an alternative financial payment and value storage system.

    While it is not technically an accurate conversion, the total bitcoin mining performance would amount to 80,704 ExaFLOPS[1]. FLOPS being floating point operations per second, a measure to calculate a computer system's number crunching ability.

    In contrast, the world's 500 most powerful supercomputers has a combined performance of 2.23 ExaFLOPS[2]. That's 0.00002% by comparison.

    Today we're talking about Mr. Rich Dad Poor Dad, Uniswap, and Compound, Hope you like today's newsletter!!

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    This limited edition NFT features a Gecko holding a Candy jar with a striking orange background inspired by Bitcoin colors.


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    Rich Dad Poor Dad Author: "Now I'm buying Bitcoin"


    Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin (BTC) because he doesn't trust the US government.


    In an Interview with Bitcoin Bull Anthony Pompliano, he said traditional investments like gold and real estate would come second to crypto.


    "As an old guy, it's taken me a while to get onto [cryptocurrency], but now I'm buying it," Kiyosaki said.


    CoinTelegraph

    Uniswap supports more assets than its ten closest competitors combined


    Over 2,800 asset markets are currently supported on Uniswap.

    That is more than the next 10 DEXes combined.


    IDEX and 0x (ZRX), which sit in second and third place, offer support for 1184 and 640 assets, respectively. 

    As The Block's writer Leibowitz said "Offering a broad range of products is a particularly compelling advantage in the current market cycle"

     
    TheBlockCrypto

    Compound Tops $1B in Crypto Loans


    Ethereum-based lending dapp protocol Compound has broken a billion dollars in total assets borrowed, according to the website.


    To illustrate how dramatic the release of this token has been: DeFi Pulse shows Compound as having just under $100 million in total deposits on June 14, the day before COMP mining began.


    Other DeFi projects have since followed suit, either releasing or announcing their own governance-token-mining schemes


    CoinDesk

    Token Generation Event (TGE)


    Initially, the term "ICO", which refers to "initial coin offering", was used to refer the initial release of cryptocurrency tokens to the public as a fund raising mechanism.


    However, due to regulatory concerns of ICO being modeled after IPO (Initial Public Offering) and its implication as an investment vehicle, some projects begun coining different naming convention.


    Token Generation Event (TGE) is one such convention.


    Learn more terms with the CoinGecko Glossary

    Read more on CoinGecko

    Track us everywhere.

    Stay connected with us.



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