Tagged: eth

October 14, 2020 @ 9:32 pm By Omar Faridi  |  

Jay Hao, CEO at OKEx, one of the world’s largest crypto exchanges, has provided a breakdown of the number of Bitcoins (BTC) held by major entities. Since the pseudonymous virtual currency’s genesis (or very first) block of transactions was mined back in early 2009, there… Read More

October 10, 2020 @ 2:00 pm By Omar Faridi  |  

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

October 7, 2020 @ 11:34 pm By Omar Faridi  |  

The developers at Kyber Network, which provides a tool that allows traders to exchange tokens instantly without having to use exchanges, have announced the launch of The Sandbox – which will be running an Automated Price Reserve for the SAND token on the Kyber Network,… Read More

October 4, 2020 @ 4:55 pm By Omar Faridi  |  

Chainalysis, a leading blockchain analysis and security firm, has provided an update regarding the recent KuCoin exchange hack, which led to around $280 million in digital assets being stolen (according to estimates confirmed by many industry participants). Chainalysis noted that on September 25, 2020, hackers… Read More

September 30, 2020 @ 8:28 am By Omar Faridi  |  

The decentralized finance (DeFi) ecosystem has reached new heights during the past few months, as many projects have launched and large amounts of capital has been invested into these so-called decentralized platforms. The Coin Metrics team confirms that most DeFi solutions have been launched on… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

September 22, 2020 @ 9:27 pm By Omar Faridi  |  

Huobi Global, a leading digital assets company, recently published a survey that looks into the different investment profiles and backgrounds of retail cryptocurrency traders in emerging markets. According to a release, the survey results indicate that crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) have… Read More

September 14, 2020 @ 2:41 pm By Omar Faridi  |  

The team at Kyber Network (KNC), which allows users to exchange Ethereum (ETH) and other ERC-20 compliant tokens in a decentralized manner, recently announced several updates to their protocol and platform. The Kyber Network team noted in a blog post: “What a crazy few weeks… Read More

September 7, 2020 @ 8:00 am By Omar Faridi  |  

Will Harborne, CEO at Deversifi, a self-custody digital asset exchange for “serious” traders, has said that he disagrees “very strongly” with the idea that anyone who does not “condemn” SushiSwap has joined “the Dark Side.” SushiSwap is a recently launched decentralized finance (DeFi) protocol that’s… Read More

September 6, 2020 @ 2:37 pm By Omar Faridi  |  

Brendan Blumer, CEO at Block.one, the company behind the development of EOS, one of the largest platforms for building decentralized applications (dApps) that’s funded by a record $4.1 billion+ token sale from 2018, points out that Ethereum (ETH) is too slow. Blumer notes that conducting… Read More

September 3, 2020 @ 8:11 am By Omar Faridi  |  

StakeHound, which issues crypto tokens that allow users to access decentralized finance (DeFi) while being able to earn staking rewards, claims that it has developed “stake-backed” tokens so that digital currency traders can enjoy “the best of both worlds: liquidity and yield.” StakeHound’s management noted… Read More

September 2, 2020 @ 6:11 pm By Omar Faridi  |  

The team at Quantum Resistant Ledger (QRL), which claims to be the “first-of-its-kind,” post-quantum value store and “decentralized” communication layer that’s proactively tackling the threat from quantum computers, reveals that x41 D-Sec has been contracted to audit project enQlave. As explained by the QRL team,… Read More

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