The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.
DeFi community rallies behind PoolTogether to hit $1.4M NFT defense funding target
“Don’t have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack.
PoolTogether raises 471 ETH with NFTs to fund legal defense
The platform has already raised more than half of its target and still has another 21 days to go before the NFT funding campaign ends.
‘No loss’ lottery protocol PoolTogether among most utilized protocols in DeFi: Messari
Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns.
Ethereum’s Favorite Lossless Lottery Will Airdrop Its POOL Token Today
The distribution was designed to reward small depositors on PoolTogether who stayed in a long time.
Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes
PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game.
DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens
Startups built on Compound’s decentralized lending protocol are now pondering the second-order effects of COMP’s price surge.
Trust No Dapp: Chainlink Launches Oracle for Provable Randomness
Chainlink may be solving part of the problem that first drove Ethereum co-founder Vitalik Buterin’s interest in decentralized applications.
Coinbase Pumps $1.1M USDC Into DeFi Sites Uniswap and PoolTogether
Coinbase is putting its digital dollars where the traction is. Announced Wednesday, Coinbase has deposited $1.1 million in USDC stablecoins into the pools powering two of the most popular decentralized finance (DeFi) applications on Ethereum: Uniswap and PoolTogether. The investment comes via the USDC Bootstrap Fund, which the company launched in September 2019. “With USDC, […]
PoolTogether DeFi App Announces $1M Investment After No-Loss Lottery Payout Tops $1K
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered “no-loss lottery.”
This Ethereum Lottery Perfectly Explains How Facebook’s Big Corporate Backers Will Profit from Crypto
This is a post about a lossless DAI lottery called PoolTogether. But it’s really about how Facebook’s Libra project will make money for its big backers.