Daily Crypto Report

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


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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
  • 🤖 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
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