Tagged: eth

August 30, 2020 @ 2:44 pm By Omar Faridi  |  

Gabriel J. Shapiro, a US attorney focused on mergers and acquisitions (M&A), venture, governance, Infosec, and digital assets, is arguing that it’s pretty much “pointless” to be a lawyer in the crypto and blockchain or distributed ledger technology (DLT) space. He points out that professionals… Read More

August 26, 2020 @ 7:35 am By Omar Faridi  |  

Brooklyn, New York based ConsenSys, a blockchain software company focused on Ethereum (ETH) development, has acquired JPMorgan’s (NYSE: JPM) Quorum, which aims to serve as an enterprise-variant or version of the Ethereum protocol. As mentioned in a release shared with CI, even before the first… Read More

August 21, 2020 @ 3:04 pm By Omar Faridi  |  

Crypto exchange OKEx notes that the recent surge in the digital asset market, which is being led by Bitcoin (BTC), the flagship cryptocurrency, has been driven by the explosive growth of the decentralized finance or DeFI ecosystem. The OKEx team confirms that Ethereum (ETH) experienced… Read More

August 17, 2020 @ 10:44 pm By Omar Faridi  |  

Blockfolio, which provides blockchain and crypto industry updates with detailed pricing, market data, news, and direct updates from key players, reveals that 32% of people responding to a survey said they do not know anything about decentralized finance or DeFi. The Blockfolio online survey, which… Read More

August 17, 2020 @ 8:55 pm By Omar Faridi  |  

Huobi Group, a major blockchain and digital assets service provider that operates cryptocurrency exchanges and related services, has revealed that it has launched Huobi DeFi Labs. According to a release, Huobi DeFi Labs will focus on research, investment, and incubation of decentralized finance projects. The… Read More

August 17, 2020 @ 7:57 am By Omar Faridi  |  

Leading cryptocurrency exchange Binance reveals that if you had invested $1,000 on Jan 1,  2020, in both Amazon (NASDAQ:AMZN) stock and Bitcoin (BTC), you would have earned significantly more from your Amazon holdings, when compared to the price appreciation of the leading digital currency. However,… Read More

August 16, 2020 @ 9:36 pm By Omar Faridi  |  

The Aave protocol, an open-source and non-custodial DeFi protocol to earn interest on digital asset deposits while also being able to borrow assets, now has a market cap of more than $1 billion (at the time of writing). In February 2020, the entire decentralized finance… Read More

August 16, 2020 @ 7:52 pm By Omar Faridi  |  

The number of transactions conducted on the Ethereum (ETH) blockchain have increased by over 2x in 2020, when compared to last year. The world’s second-largest blockchain (behind only Bitcoin) is now handling around the same number of transactions as it did back in January 2018,… Read More

August 9, 2020 @ 3:55 pm By Omar Faridi  |  

Leading decentralized finance (DeFi) protocol Compound (COMP) has introduced its own permissionless (public), upgradable price feed. A price oracle is a third-party, “decentralized” feed that offers the data needed to process blockchain-based smart contracts. There are currently many Open Finance or DeFi platforms that use… Read More

August 8, 2020 @ 7:01 pm By Omar Faridi  |  

Equilibrium, which describes itself as an all-in-one, interoperable decentralized finance (DeFi) Hub that lets users stake (cryptocurrencies) and earn, lend and raise liquidity “all in one place,” has partnered with Polkadot, a leading blockchain protocol that has been founded by Gavin Wood, an Ethereum (ETH)… Read More

August 7, 2020 @ 5:09 pm By Omar Faridi  |  

Ethereum based Uniswap, a leading non-custodial crypto token exchange, has reportedly secured $11 million through a Series A investment round. Uniswap’s latest funding round was led by giant VC firm Andreessen Horowitz. Union Square Ventures, Version One, Parafi Capital, Variant, SV Angel and A. Capital… Read More

August 3, 2020 @ 11:13 pm By Omar Faridi  |  

The decentralized finance (DeFi) sector continues to experience significant growth, as the total value locked in its markets has surpassed $4 billion, according to DeFi Pulse data. DeFi markets leverage blockchain or distributed ledger technology (DLT), crypto-assets, and smart contracts (automated business logic), in order… Read More

July 29, 2020 @ 9:12 pm By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has a market cap that is roughly equivalent to merely 1.5% of the market capitalization of the much-larger cryptocurrency market, according to data from Messari. Messari, a digital asset market analytics company, reveals that the market capitalization of all DeFi… Read More

July 28, 2020 @ 11:18 pm By Omar Faridi  |  

Leading blockchain analysis firm, Chainalysis, which recently secured $49 million in capital through a Series B round, announced on July 27, 2020, that it has launched Market Intel, its newly designed website for asset managers and regulatory agencies. The new site may be used to… Read More

July 28, 2020 @ 9:00 am By Omar Faridi  |  

Abra, the provider of a digital asset investing app, revealed on July 28, 2020, that it has launched new Abra Interest Accounts that offer investors an opportunity to earn as much as 9% interest p.a. on their crypto deposits and certain USD backed stablecoins. As… Read More

July 27, 2020 @ 8:46 pm By Omar Faridi  |  

Crypto-asset exchange OKEx, which offers spot and derivatives trading with digital currencies, recently added three more expiration dates to its options trading. They include options trades that may be settled daily, after every two-day period, and monthly. OKEx had already been offering weekly, bi-weekly, quarterly… Read More

July 26, 2020 @ 7:14 pm By Omar Faridi  |  

Trustology, a provider of custody solutions for crypto-assets, revealed on July 23, 2020, that it will be offering built-in Ethereum 2.0 (or ETH 2.0) staking support for mobile, web, or API integration to its user base – which includes both individual and institutional clients. Ethereum… Read More

July 25, 2020 @ 3:21 pm By Omar Faridi  |  

CenterPrime, a private Hyperledger based blockchain platform with access to the South Korean Open Banking API, is now sharing foreign exchange (FX) rate data from large Korean banks to Chainlink’s decentralized oracle network. Participating banks include Hana Bank, Shinhan Bank, Nonghyup Bank, and Industrial Bank… Read More

July 24, 2020 @ 5:18 pm By Omar Faridi  |  

NULS, a modular microservices-based blockchain network for enterprise software development, has introduced a formal strategy that aims to bridge into the decentralized financial (DeFi) sector of Ethereum (ETH). The new strategy aims to take advantage of the rising public interest in the DeFi space. NULs… Read More

July 24, 2020 @ 10:48 am By Omar Faridi  |  

Telos, one of the most active blockchain-based networks in terms of transactions processed per second (which isn’t always the best metric to gauge the performance of DLT platforms), announced on July 23, 2020, that it has increased its staking rewards and also allocated more funding… Read More