Sep 30, 2020

Monday, Coinbase CEO Brian Armstrong published the innocuously titled “Coinbase Is a Mission-Driven Company.” 

While the post talked a lot about Coinbase’s core mission, its real goal seemed to be to make clear Coinbase would not be engaging with any other social or political issues beyond that, and to the extent...

Sep 30, 2020

DeFi is one of the breakout crypto categories of 2020. Indeed, yield farming and the grand game of “money legos” has been so profitable that many are following every new protocol with rapt attention. 

This is all the more true for projects graced by YFI creator Andre Cronje. So when word got out about a new,...

Sep 29, 2020

Today on the Brief:

• After four weeks down, bitcoin bounces back on suspicions that recent bearishness was overblown
• KuCoin exchange gets hacked for somewhere between $150 million and $280 million
• Jack Dorsey outlines Twitter’s blockchain and bitcoin beliefs during Oslo Freedom Forum appearance

Our main discussion:...

Sep 27, 2020

This week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilsner – part of CoinDesk’s Internet 2030 series. 

In it, Wilsner talks to experts about four scenarios:

• A multi-currency scenario, where exchange is abstracted away via digital wallets
• A China-led scenario

Sep 26, 2020

On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row. 

He discusses the factors contributing to the trouble, including: 

• A normal correction from too-high valuations
• The return of COVID-19 lockdowns
• The end of easy recovery gains 
• Diminishing likelihood of...