Blockchain Bites: BTC on Ethereum, DeFi's Latest Stablecoin, the Currency Cold Wars

Ethereum data firm Dune Analytics, a Github-like platform which provides DeFi insights, has raised $2 million led by Dragonfly Capital and included Multicoin Capital, Coinbase Ventures, DCG and DeFi angels.

The fund is scheduled to start trading on Nov. 2.Bug fixDeFi Pulse, the go-to data aggregator for the DeFi scene, said on Twitter late Tuesday night that it had identified and fixed a "Previously undetected issue" that led to a substantial misreporting of the total value held on DeFi protocols.

Tokenized BTCThe number of bitcoins on Ethereum continues to grow, propelled by ballooning volumes in the DeFi space.

CoinDesk's Will Foxley reports the supply of BitGo's wrapped bitcoins alone topped 76,000 last week, with more than 21,000 entering circulation.

"Tokenized bitcoin allows investors to bring large amounts of value over to the Ethereum network and its young DEX market in a few clicks," he writes.

Skeptics note there really isn't any bitcoin "On" Ethereum, more of a representation of its value.

Selloff = slump?A selloff from bitcoin miners may hint at a weakening market, CoinDesk markets reporter Omkar Godbole says.

On Tuesday, the net inflow of bitcoin to exchanges was 36,800 BTC - the biggest single-day rise since the markets crash on March 13.

Internet 2030.Jeff Wilser paints a picture of the coming "Currency cold war," offering three scenarios of how either bitcoin, digital dollars or China's DCEP will become the dominant world currency, and one where that concept is thrown out the window.

Unlikely alliesMarty Bent, author of one of the best known daily bitcoin newsletters and host of "Tales From The Crypt" podcast, joins The Breakdown to discuss his latest venture, Great American Mining, an apparently energy-efficient bitcoin mining project.