This is the story of unicorn meets ghost, a love story for the ages with a fairytale ending — the new Uniswap Market on Aave! The Uniswap Market is the second market of Aave Protocol, the protocol for money mar...kets. We believe this new market will bolster DeFi composability, and this is the beginning of a new chapter with more markets to come.

Understanding Uniswap

Uniswap is a decentralized automated liquidity protocol where developers, liquidity providers, and traders can participate in an open financial marketplace. It is comprised of a series of “pair smart contracts” which each have their own ERC-20⇄ERC=20 pair. These pair smart contracts hold reserves of these underlying pair tokens. Anyone can be a liquidity provider for an ERC-20 pair by depositing an equivalent value of each token (for example: deposit 50% ETH and 50% DAI).

When you provide liquidity to Uniswap, you receive an ownership token in the form of a Uniswap Liquidity Provider Token (UNI), which represent the underlying liquidity you deposited, like Aave’s aTokens.

Introducing the Newest Aave Money Market: The Uniswap Market

Flash Loans have taught us how to reuse the so called “Locked Value” in DeFi. Staying true to our philosophy of innovation, the creation of the second money market of Aave Protocol will teach us how tokenized value across DeFi protocols can be used to grow the total market size of DeFi by increasing the stable coin demand while providing deep value to existing DeFi users.

...

https://medium.com/aave/the-uniswap-market-is-live-on-aave-protocol-12b5a4cc5e2Show more >

According to the United States Court of Appeals for the Fifth Circuit, law enforcement officials do not need a search warrant to get account records from a cryptocurrency exchange or from the public blockchain.... On June 20, 2020 the court ruled that cryptocurrency exchange account holders do not have a constitutionally cognizable privacy interest in their transaction history and therefore do not enjoy the search and seizure protections ensured by the Fourth Amendment. U.S. v. Gratkowski, 2020 WL 3530575 (5th Cir. June 20, 2020).

Background

The Supreme Court has long held that a person generally “has no legitimate expectation of privacy in information he voluntarily turns over to third parties.” Smith v. Maryland, 442 U.S. 735, 743-44 (1979). The third-party doctrine is a United States legal doctrine that holds that people who voluntarily give information to third parties such as banks, phone companies, internet service providers, and email servers have no reasonable expectation of privacy. A lack of privacy protection allows the United States government to obtain information from third parties without a legal warrant and without otherwise complying with the Fourth Amendment prohibition against search and seizure without probable cause and a judicial search warrant.

However, exceptions have been made to this principle in certain instances. For example, in Carpenter v. United States, 138 S. Ct. 2206 (2018) the court was faced with the question of whether the third party doctrine extends to cell-site records that track location and movement from where calls are made. Based on cell-site evidence obtained from a telecommunication provider, the government charged the defendant with robbery. The court held that expectations of privacy in this age of digital data do not fit neatly into existing precedents, but tracking a person’s movements and location through extensive cell-site records is far more intrusive than past precedents might have anticipated. Thus, the Court held narrowly that the government generally will need a warrant to access cell-site location information.

...

https://taxbit.com/blog/court-rules-crypto-traders-don%E2%80%99t-have-privacy-interest-in-transaction-records/Show more >

8 days ago, Bitcoin broke the 13000 $ mark.
Today, it broke 14000.

In less than 10 days span Bitcoin grew by 7%.

It's currently on a downward trend due to short sellers and money grabbers,... but the general curve is going up.

Feeling really positive about this.

Show more >

Eligma starts 2021 with a major milestone!

https://news.bitcoin.com/eligma-raises-additional-e4-million-equity-investment-at-e50-million-valuation/

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administ...ration have made crypto proponents believe that bitcoin will prosper greatly.

Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion
Ever since the coronavirus outbreak took hold across America, politicians and members of the U.S. Federal Reserve has distributed massive amounts of dollars to special interests and Wall Street trading houses. Americans did get a stimulus check for $1,200 during the last program, and then $600 per person during the most recent stimulus plan.

https://news.bitcoin.com/crypto-advocates-think-joe-bidens-3-trillion-stimulus-plan-will-bolster-bitcoin/Show more >

MY all time favorite Crypto person: Anthony Pompliano, AKA Pomp with a new podacst

"No single person or organization gets to choose who gets amplified and who gets silenced. The power of choice was str...iped from the user and is now being monopolized by the platform creators."

Must listen: https://pomp.substack.com/p/decentralization-is-a-necessity-nowShow more >

https://news.bitcoin.com/jpmorgan-predicts-146k-bitcoin-price-competition-gold/?fbclid=IwAR0jozxqpTgSBz9LaUrArPpPL82Q7EFKyZHcnng7F_-f73hJJqnFQhLXPUc

DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated.
https://trib.al/MJmehax

Do not miss another important lesson from Pomp.
https://pomp.substack.com/p/bitcoin-is-the-most-regulated-currency

Less than a month ago, MicroStrategy’s https://www.facebook.com/MicroStrategy/ CEO Michael Saylor offered to share his Bitcoin playbook with founder Elon Musk—did Musk accept the offer?

Jeffrey R. Currie, Goldman Sachs’ global head of commodities research, quoted "I think the Bitcoin market is beginning to become more mature. Volatility and those risks that are associated with it are common fo...r nascent assets."
Read the full article 👇

https://cointelegraph.com/news/goldman-sachs-says-bitcoin-is-on-the-path-to-maturityShow more >

The number of validators on the Ethereum 2.0 blockchain has topped a milestone of 60,000 in only six weeks of being live.

According to the Beacon Chain analytics platform, there are currently 60,189 ac...tive validators on the network with a further 16,156 waiting in the queue. BeaconScan is reporting similar figures which means the network, which was launched on Dec 1, is more secure than ever.

The validator milestone was noted by the Ethereum community’s Josh Stark who compared the ETH 2.0 validator numbers with rival blockchains.

https://beincrypto.com/ethereum-2-0-validators-top-60k-eclipsing-killer-rivals/Show more >

https://bitcoinmagazine.com/articles/bitcoin-core-0-21-0-released-whats-new

must read for all BTC fans

The U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration, Gensler led the U....S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014. The Former Banker Became Part of Biden’s Transition Team in November According […]

https://news.bitcoin.com/us-president-elect-biden-to-nominate-mit-blockchain-professor-gary-gensler-as-sec-chairman/Show more >

Wow, how far will this correction go. Is this the BIG ONE?