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Coinbase Pro Adds Five Coins to Platform crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Newsletter Following the Fei Protocol falling short of expectations at the beginning of April, much ink has been spilled on the doomed design of the FEI stablecoin and the possible ways to recover. Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter adds up to the discussion by taking a closer look at how the Fei Protocol post-genesis drama unfolded, by the numbers. Three weeks ago, Fei Protocol raised 639,000 Ether (ETH) worth roughly $1.3 billion at the end of the genesis event. The data reveals that the event attracted 17,567 unique users, but it turned out to be heavily dominated by whales. Indeed, 241 addresses, each holding more than $1 million, collectively contributed 63% of the total ETH genesis value. ....
What Changed in Crypto Markets While You Were Sleeping — April 7 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Fei Labs raises 639K ETH in genesis event The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin. 22926 Total views News Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over 17,000 contributors, highlighting once again the market’s growing appetite for digital assets and decentralized finance. A total of 639,000 ETH was committed to the so-called minting of the FEI stablecoin, the company announced Saturday. At the time Genesis concluded, the ETH commitments were worth nearly $1.3 billion. The funds will be used to bootstrap Fei’s Protocol Controlled Value, or PCV, which is a category of total value locked. PCV represents all assets that are not redeemable by users, including treasuries and insurance funds. ....
Message : Required fields DGAP-News: Advanced Blockchain AG / Key word(s): Cryptocurrency / Blockchain/Acquisition Advanced Blockchain AG makes Fei Protocol Investment 2021-03-11 / 08:55 The issuer is solely responsible for the content of this announcement. = Advanced Blockchain AG (Frankfurt, Primary Market Düsseldorf, XETRA: ISIN DE000A0M93V6) has made an investment into the Fei Protocol (https://fei.money/). This investment was made through nakamo.to in the same round as Coinbase and other prominent investors, in a united effort to support this promising new stablecoin project. Price-stable coins ( stablecoins ) are a popular and multi-beneficial concept in decentralized finance and blockchain. ....