The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.
Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.
U.S. Senator Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill that would have crypto miners disclose their emissions and see the Environmental Protection Agency analyze the effect mining has.
Base also joins the data provider’s Scale program, allowing developers to construct smart contracts that can react to external information at a subsidized cost.