πŸš€ Uniswap hands users free tokens, Coinbase hands users transaction fee.

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πŸš€ Uniswap hands users free tokens, Coinbase hands users transaction fee.

Hey there Geckos!


UNI Airdrop, eh?

That UNI PS5 meme really hit the nail on the head on how all of us must have felt when claiming the tokens these couple of days.


In case you're not sure whether you are eligible for the airdrop and want to try your luck, here's an easy-to-follow guide on how to do just that. (Editor: written by yours truly)


If you are not eligible for the claim, fret not! There are always other opportunities to be found in the land of crypto.


Also, do you own a Ledger wallet? You don't have to tell us (Never tell anyone about your hardware wallet).


But you do have to check out their latest announcement and see if it applies to you.


Today we talk about Coinbase, "Printer go Brrr", and a new Ledger Wallet update.

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This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.


Social Tokens offers a new way for individuals to tokenize their value on the blockchain, creating new ways for people to interact with one another.


While the idea of "tokenizing humans" have been around, it was the $ALEX and $JAMM tokens built through Roll that truly brought attention into the social token space. The launch of the $ALEX Yield Round soon after only created stronger interest in social tokens in the context of DeFi.


CoinGecko will be hosting with 3 trailblazers to share their thoughts on the rise of social tokens, its potential and much more.


Date: Tuesday, 22 September 2020
Time: 10:00 - 11:00AM EST (GMT -4) [Check your local time]


Speakers
• Bobby Ong - Co-founder, CoinGecko (Moderator)
• Cooper Turley  - Audius, Community
• Alex Masmej  - $ALEX
• Brian Flynn - $JAMM


Register for the event now!

CoinBase Pro Halts Network Fee Coverage

 

CoinBase Pro has announced that it will no longer cover network fees for its users.


They stated that 'as crypto has begun to gain broader adoption in applications like DeFi, payments and other projects, networks have gotten busier '.


In light of the UNI airdrop, Ethereum fees have skyrocketed massively.


Crypto analytics firm Glassnode tweeted that fees had topped $1 million in an hour.


(Editor: Coinbase was not the first casualty in Ethereum's skyrocketing fees, Binance CEO CZ has openly considered increasing withdrawal fees for the same reason.)


CoinTelegraph

Tether Market Cap Records Near 400% Increase


The supply of Tether (USDT) surged from $4 billion dollars to $15 billion dollars in 2020.


The exponential growth of the DeFi sector this year has resulted in the mass creation of the stablecoin.


As more and more liquidity pools are based on stablecoins such as Tether, this has driven the demand for the currency.


(Editor: No wonder that "printer go brrr" meme makes so much sense)

 

CoinTelegraph

Ledger wallet upgrade can prevent 'dusting attacks'

Hardware wallet maker Ledger has recently upgraded its software suite to include more privacy and control over crypto transfers to help prevent 'dusting attacks'.


A dusting attack is where a malicious actor sends small amounts of Bitcoin to a wallet address and hopes that the wallet consolidates the dust with other addresses in a bid to break the privacy of users for further attacks.


Other features on the software upgrade include optimization of the network fee structure as well as the ability to select specific addresses for transfers should there be a need to keep payments separated.


(Editor: The ability for software to natively ignore dusting attack is a huge deal. Privacy on Bitcoin is something achieved only through active vigilance and smart practices, having software help is a big plus)


CoinTelegraph

Hey Geckos, πŸ‘‹

2 weeks ago we had a survey campaign about yield farming. Quite a number of you took part and that was a pleasant surprise to us!


As a thank you note, we have sent you goodies via a special email from us πŸ˜‰

Decentralized Autonomous Organization (DAO)

Open source and decentralized systems that do not require centralized operators or controllers. A decentralized autonomous organization can vote on various aspects of a system without the need of central controller.


Members of a decentralized autonomous organization are typically made up of token holders whose voting strength are proportional to their holdings relative to the whole ecosystem.


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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