Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion.

ETH-USD 4-hour chart. Source: TradingView.

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Hello, Web3 world: HackFS builders ready for Filecoin launch – Decrypt

One by one, from all over the world, the builders log on to the live, HackFS webcast.
“Hi from Korea,” says Apple Kim​, whose words appear in the virtual conference’s chat sidebar.
“Hei fra Oslo,” says Thor Kamphefner.
“Hello from Portland, Me,” says Matthew Johnson.

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Ethereum surges on, hits highest price in over two years – Decrypt

Ethereum is having itself a hot summer.
ETH started the day as the best-performing crypto in the top 10 by market cap. Yesterday, it jumped by 10%. Today, we can add another 10% on top of that.
The cryptocurrency is currently trading at a two-year high of $442 per coin.

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Party Like It’s 2017: Whales and Degenerates of DeFi | Crypto Briefing

Key Takeaways

While DeFi has sound long term prospects, it’s currently driven by speculation
The number of DeFi users is quickly growing, but it’s still tiny and composed mostly of whales and risk-taking speculators
Roadblocks like Ethereum’s limited transactions per second obstr

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First Litecoin-Native Visa Debit Card Is Being Launched

The first Litecoin (LTC) native Visa debit card is being launched by BlockCard. 
Charlie Lee told Cointelegraph this is their second attempt at the endeavour as the previous one failed: “We previously worked with LitePay on a debit card but that failed when LitePay went out of business.

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Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol.
Despite the initial hype that greeted its launch as the latest decentralized finance (DeFi) sensation, the project soon ran into trouble.

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Dave Portnoy pumps Bitcoin, would have made more money in Ethereum – Decrypt

Indulge us in this Friday Afternoon Moment of Conjecture. The “Baron of Bitcoin,” Dave Portnoy of Barstool Sports, claimed on Twitter yesterday that he had bought at least $1 million worth of Bitcoin. 
“I’m 7 figures deep now in this stuff,” he tweeted.

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