Category: 2-DailyNews

Pendle Finance saw massive growth earlier this year but has recently faced a significant drop in TVL. How will it bounce back?

Pendle Finance, an innovative protocol that lets users trade yield, surged in popularity earlier this year but is now grappling with a downturn in usage. 

In this episode, founder TN Lee shares insights into Pendle's approach, the factors behind its recent success, and the challenges it faces in recovering user engagement and TVL. Plus, since Pendle’s rise was driven by the points narrative, TN talks about how the protocol can keep growing. 

Show highlights:

• What Pendle is, how the idea for it was born, and how it works
• Why Pendle has exploded this year, even though it launched years ago
• Whether Pendle is an app for sophisticated traders and the most common strategies in the protocol
• How users are able to leverage their earned points in several protocols
• Besides market risks, what the risks are of trading in Pendle and how they try to mitigate them
• Pendle’s recent significant drop in TVL and plans to recover
• If the points narrative ends, will Pendle remain relevant?

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

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Guest:

• TN Lee, Founder of Pendle Finance

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.

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Host Jennifer Sanasie breaks down the news in the crypto industry from Donald Trump's crypto project to Sony starting its own blockchain.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Donald Trump is pushing a family-run crypto project as he positions himself as a pro-crypto candidate ahead of the November election. Plus, Steno Research says DeFi summer is making a come back, and Sony is starting its own blockchain.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

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Yevgeny Prigozhin was at one time the leader of the well known Russian mercenary group, Wagner. The group, since Prigozhin's death a year ago, has changed its name to Africa Corps. Has this altered Russia's operations on the continent?

Also how is Burundi coping with the outbreak of Mpox?

And is it a good idea to save up for your funeral? We find out why some Kenyans are doing just that.

Presenter: Charles Gitonga Producers: Yvette Twagiramariya, Nour Abida, Marco Oriunto, Bella Hassan and Sunita Nahar in London. Susan Gachuhi and Frenny Jowi are in Nairobi. Technical Producer : Jonathan Greer Senior Producer: Paul Bakibinga Editors: Alice Muthengi and Andre Lombard

In this week’s news roundup, Will, Colin, and Matt break down how Babylon Chain’s launch pumped Bitcoin transactions fees to multi-month highs. Plus, they discuss Bitfarms’ merger with Stronghold and what it means for Riot’s hostile takeover attempt, and they wrap up the pod by covering Q2 numbers from the public miners – oh, and a note on the IMF’s absurd plea to tax bitcoin miners into oblivion. 

Welcome back to The Mining Pod! On Thursday, Bitcoin transaction fees soared to their highest levels since April, but it has nothing to do with runes or inscriptions. This go around, it was all thanks to the launch of Babylon Chain, a new off-chain BTC staking platform.  We also tackle Bitfarms’ merger with Stronghold and what it could mean (or not mean) for Riot’s ongoing attempt at a hostile share takeover of Bitfarms. Finally, we close on the latest Q2 figures and operational updates from public bitcoin miners, and Colin rants about why the IMF needs to take their bitcoin miner tax proposal and shove it...someplace where it won’t see the light of day.  

Timestamps:

00:00 Start

02:33 Difficulty report

04:45 ASIC prices

12:13 Babylon staking

15:51 Bitfarms Expands with $175M Stronghold Merger

16:47 Riot vs Bitfarms Poison Pill

25:30 Public Miner Reports

32:19 IMF Idea to Tax Bitcoin Miners

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

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Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk.

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Kamala Harris makes history, accepting her party's nomination for President. Donald Trump vows border crackdown. Rail shutdown halted. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Vice President Harris accepted the Democratic nomination for President. Former President Trump campaigned at the southern border in Arizona, and the FDA approved a new COVID-19 vaccine designed to help protect against the latest strains of the virus.

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Today's episode of Up First was edited by Roberta Rampton, Krishnadev Calamur, Scott Hensley, Janaya Williams and Adriana Gallardo. It was produced by Ziad Buchh, Nia Dumas and Nina Kravinsky. We get engineering support from Arthur Laurent. Our technical director is Zac Coleman. And our Executive Producer is Erika Aguilar.

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After an electric week at the Democratic National Convention in Chicago, Kamala Harris now faces the real test in her bid to be president. Can she convince American voters? In the third part of our series on dating apps, we visit Brazil, China and Pakistan (10:24). And our obituaries editor celebrates the life of Wally Amos, the American king of cookies (19:06).

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Alabama

• Congressman Moore calls out DNC for sacrificing babies at Convention
• SoS Wes Allen says Biden admin. registering felons to vote, breaking state law
• Judge dismisses lawsuit against AL re: new state law on voting rights criteria
• AL joins 27 other state asking SCOTUS to dismiss ATF rule on firearm parts
• Former Sen. Jeff Session says illegal immigration is lowering US wages
• Report on AL Pharmacy Board reveals egregious mismanagement

National

• US House committees want answers on massive data hack of NPD
• SCOTUS partially grants AZ request to require proof of citizenship for election
• Trump spoke at AZ border about new punishments for traffickers
• RFK Jr. seems likely to endorse Trump due to comments from his VP pick
• NY Post: Butler shooter at Trump rally had encrypted messaging accounts

The news to know for Friday, August 23, 2024!

We'll tell you about the biggest speech of Vice President Kamala Harris' career so far. She officially accepted the Democratic nomination for president. 

Also, the U.S. Supreme Court made a decision about controversial new voting rules in the battleground state of Arizona.

Plus, we're talking about two separate threats that could impact Hawaii, a change that makes Instagram feel a little like Myspace, and what to expect when college football season kicks off this weekend. 

Those stories and more news to know in about 10 minutes!

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FBI agent turned whistleblower Steve Friend discussed his experience in the FBI, why he left, and the weaponization of the FBI against those deemed to be "losers," like pro-lifers.

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