🚀Slow and steady wins the race for stablecoins🐢

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🚀Slow and steady wins the race for stablecoins🐢

TGIF, fellow Geckos!

 

Who here uses Twitter? (Editor: If you are, please do us a real solid and give @coingecko a follow, tell them I sent you there!)Have you ever scrolled through Twitter when the urge to trade suddenly strikes?

 

Twitter users can now trade directly on Uniswap using Mask Network's new widget.

 

The widget allows users to access market data and perform trades without leaving the platform.

 

Mask Network has intentions of expanding to other social media platforms and DeFi protocols.

 

While we're on the subject of making trades, today we will be talking about another milestone for stablecoins, a new virus and a zero-fee crypto exchange.

 

Read on!

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To the yield farmers out there, we've heard what you had to say!


The yield farming craze has taken over CoinGecko and we wanted to find out what makes you guys go full degen over yield farming.


With interesting insights from the community, we've pulled out all the stops to provide you our most informative report on the yield farming scene.


Check out our Yield Farming Survey Report here!

Stablecoin Marketcap Surpasses $20 Billion


The total marketcap of all Stablecoins just broke $20 Billion.


It only took approximately four months for stablecoins to double the $10-billion mark achieved in May.


Director at Tradeblock, John Todaro, attributes this rise due to other cryptocurrencies "faltering recently".


CoinDesk

Coinbase Wallets in Malware's Crosshairs


Crypto apps such as Luno and Coinbase are being attacked on Android by a new trojan virus called Alien.


The virus currently targets 226 apps, majority of which are in the banking industry.


The malware has the ability to steal user details and intercept notifications on the infected device.


(Editor: As always, keep your funds safe. Remember that hack attempts are always not the result of deliberate predation by hackers, but rather an opportunity exploited. You WILL get hacked if you leave yourself open. We recommend you read this great blog by Binance's CZ about staying "SAFU")


CoinTelegraph

First Zero Fee Crypto Exchange Arrives in Middle East


Fasset Exchange is preparing to launch in six countries in the Gulf Region, offering users zero-fee trades on their platform.


The crypto exchange seeks to support both real asset-backed tokens and also cryptocurrencies.


Although trading fees are non-existent, users would still have to pay for withdrawal and over-the-counter services.


CoinDesk

Bakkt

Bakkt is a company developed by the Intercontinental Exchange (ICE), owner of the New York Stock Exchange. It specializes in Futures/Options contracts for cryptocurrencies.


Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here

Read more on CoinGecko

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