Tagged: eth

Here’s Why Ethereum, Tezos, Stellar, Chainlink are Not Yet Legitimate Bitcoin (BTC) Investment Alternatives

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

Bitcoin Expert Andreas Antonopoulos Acknowledges that Ethereum based DeFi Protocols can be used to Earn Passive Income

Bitcoin and distributed systems expert Andreas Antonopoulos recently acknowledged that decentralized finance (DeFi) platforms allow users to earn passively by using their cryptocurrency holdings. Antonopoulos, who mainly supports developments related to the Bitcoin (BTC) protocol, argued that DeFi is one of the few ways to… Read More

Tech Firms in Developing Economies to Receive Funding in Bitcoin (BTC) and Other Digital Currencies from UNICEF’s Crypto Fund

Eight tech firms in developing and emerging world economies will reportedly receive investments from the United Nations Children’s Fund (UNICEF), in order to “solve local and global challenges.” The fund now includes cryptocurrencies. In October 2019, UNICEF created a crypto-asset fund in order to receive,… Read More

Chainlink, a leading Decentralized Oracle Network, Integrated by 0x Relayer Bamboo Relay

Despite recent volatility in the Bitcoin (BTC) and larger cryptocurrency markets, decentralized or non-custodial digital asset exchanges continue to “maintain their long-term trend lines” according to the team at Bamboo Relay, another project that has integrated Chainlink Oracles for stop-loss order functionalities. A stop-loss order… Read More

ConsenSys Codefi Introduces Ethereum 2.0 Staking Pilot with Binance, Crypto.com, Huobi, Others

Binance, Crypto.com, DARMA Capital, Huobi Wallet, Matrixport, and Trustology will reportedly join the ConsenSys Codefi Staking Pilot Program, in order to gain early access to the Ethereum 2.0 staking solution. Ethereum 2.0 or Eth2 is a major system-wide upgrade to Ethereum (ETH), the world’s largest… Read More

Ethereum (ETH) Might Not have Quantum Resistance on its Roadmap, the QRL Team Reveals

The developers at Quantum Resistant Ledger (QRL), an externally audited “enterprise-grade” blockchain platform that claims to be secure against a potential (future) attack from quantum computers, stated that Ethereum (ETH) could go quantum computer resistant through “a unique smart-contract.” The QRL team said that a… Read More

Facebook’s Libra Stablecoin Project, Ethereum (ETH), Near, Bitcoin Cash are Currently Most Active Development Projects: Report

  The controversial Facebook-led Libra project is reportedly the most active project in terms of developer activity, according to CoinCodeCap data. There are 41 active developers working on Libra, meanwhile, Ethereum (ETH), the world’s largest smart contract platform, has 36 active developers, the data site… Read More

Ethereum Compatible SKALE Network Developers to Launch Permissionless, Open-Source Mainnet on June 30, 2020

Jack O’Holleran, CEO and co-founder at SKALE Labs, a company that’s developing solutions to improve blockchain consensus mechanisms, noted that the SKALE Network will go live on June 30, 2020. The SKALE Network is an Ethereum-compatible, permissionless, open-source, “elastic” blockchain network. O’Holleran said that SKALE’s… Read More

Ethereum 2.0 has “Fatal Flaws” in the Way Staking Ended up being Implemented, Konstantin Kladko from SKALE Network Claims

The developers of Ethereum (ETH), the world’s largest smart contract platform, have been working for many years on the ongoing development of Ethereum 2.0 or Eth2, which is a major systemwide upgrade that will involve a transition from the current proof of work (PoW) consensus… Read More

Mobile Payments Provider Wirex to Support Bitcoin, Ether, Stablecoin Dai, NZD, AUD, and SGD Transactions

Martin Best, CMO at Wirex, confirmed in a blog post on June 4, 2020, that the London-based financial services firm will allow users to purchase, hold and exchange New Zealand dollars (NZD) and 19 other currencies including Bitcoin (BTC), Ether (ETH), Singapore dollars (SGD), and… Read More

Kava Labs CEO Brian Kerr Explains Why they Chose Cosmos SDK, while Claiming it’s “Very Difficult” to Build on Ethereum

Brian Kerr, CEO at Kava Labs, notes during an interview with Alexandre Raffin at GAINS Associates that Cosmos’ value proposition is that “if you make a blockchain and it has a similar consensus mechanism to another blockchain …[then by using] … the inter-blockhain communication protocol… Read More

Facebook’s Libra Serves as Signal that Fintech Firms like Visa, Paypal, Booking.com Were Eager to Explore Stablecoins, Blockchain Advisor Argues

Stablecoins are digital assets pegged 1-to-1 (in most cases) to major world currencies like the  US dollar or British pound (GBP), or even gold.  In most cases, stablecoin tokens are based on blockchain or some type of distributed ledger technology (DLT). The largest amount or… Read More

Coinbase Adds Maker (MKR) Governance Token, Will Support MKR-BTC, MKR-USD Trading, but No ETH

San Francisco-based crypto exchange Coinbase has confirmed that on June 8, 2020, it will begin taking inbound transfers of Maker (MKR) to Coinbase Pro, the platform for professional digital asset traders. The exchange operator said that users may start trading MKR via Coinbase “on or… Read More

UX focused Ethereum Startup Formatic from San Francisco Secures $4 Million in Seed Funding from AngelList’s Naval Ravikant, Placeholder, Others

Fortmatic, a company that aims to improve the user experience, or UX, (which can be poor with digital asset wallets) by allowing users to access their Ethereum (ETH) funds from their app, has secured $4 million in seed funding. The firm’s app aims to allow users… Read More

Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

BUSD (Binance USD), a stablecoin pegged 1:1 with the US dollar, will be accessible via the KyberSwap exchange and other decentralized applications (dApps) and platforms that are based on the Kyber Network, a widely-used on-chain liquidity protocol in the decentralized finance (DeFi) space. BUSD has… Read More

Over 30% of Digital Bank Revolut’s 10 Million Finance App Users have traded Cryptocurrencies in the Past Month

  Data from leading UK-based digital bank Revolut shows that the cryptocurrency trading habits of its users have changed, following the COVID-19 outbreak. Nearly a third or over 30% of Revolut’s 10 million finance app users have been trading virtual currencies. The neobank’s app has… Read More

Transledger to Use Telos, One of the Most Active Blockchains, to Perform Cross-Chain Digital Asset Transfers

Telos, one of the most active blockchains or distributed ledger technology (DLT)-based platforms according to Blocktivity data, revealed on May 26, 2020, that Transledger will be using its blockchain network to perform cross-chain transactions in a fast and secure manner. As mentioned in a press… Read More

Digital Asset Derivatives Trading Platform, Delta Exchange, Acquires Strategic Investment from New York’s CoinFund

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockchain investment firm, CoinFund. As mentioned in a release shared with CI, the new investment will provide Delta Exchange with the resources needed to scale its operations… Read More

Swiss Financial Services Firm Eidoo Introduces Stablecoin based, Visa Crypto Debit Card

Bitcoin (BTC) and other digital currencies can be difficult to spend because most merchants still do not accept them. The Switzerland-based firm, Eidoo, is planning to help consumers easily spend virtual currencies by launching a Visa crypto debit card that will use regulated or compliant… Read More

“Completely Immutable” Smart Contracts Introduced by Tornado.Cash, a Potentially Risky and Experimental “Anoynmization” Protocol

  Ethereum-based anonymization protocol, Tornado.cash, has introduced “completely immutable”smart contracts, which developers claim will make the protocol “unstoppable.” Although the initiative’s developers boldly claim that Tornado.cash is committed to supporting  immutability and the “code is law” principle, Ethereum (ETH) ecosystem developers and community members have… Read More

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