Tagged: ether

Leading DeFi Protocol Compound (COMP) Introduces its Own Permissionless, Upgradable Price Feed

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

Over $4 Billion Now Locked into Nascent DeFi or Decentralized Finance Market, with Open-Source Lending Protocol MakerDAO Leading the Way

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

DeFi will Succeed with Only a “Reallocation of Capital” from Top 30 Cryptos which are Mostly Dead Projects, Ethereum Advocate Argues

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

Ethereum 2.0 Staking Support for Mobile, Web Apps to be Offered by Digital Asset Custody Provider Trustology

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

NULS, a Microservices-based Blockchain for Enterprises, Completes Phase 1 of its Nerve Network, a Decentralized Digital Asset Service

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

Switzerland’s Smart Valor, a Company Offering a Digital Asset Trading Platform, Adds Staking Support for Kyber Network KNC Tokens

Switzerland’s Smart Valor, a company that operates a European crypto-asset trading platform, has revealed that it plans to add support for Kyber Network Crystal (KNC) staking, which will give Kyber Network members the chance to stake their KNC tokens on KyberDAO. Kyber Network is an… Read More

Explosive DeFi Growth Reported, after Cryptocurrencies Crashed on Black Thursday just like Traditional Financial Markets

The first half of 2020 has been negatively impacted by the global COVID-19 outbreak, including the nascent Bitcoin (BTC) and the alternative asset sector. Several blockchain and crypto firms such as TAGZ, an Australian digital currency exchange, and investment company Adaptive Capital have been forced… Read More

Ethereum Dominated DeFi Space Experiences Steady Growth with Increasing Adoption of Compound and Other Lending Protocols: Report

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

Blockchain Infrastructure Developer Bison Trails Introduces Tool to Automatically Manage Polkadot Participation for “Large-Scale” DOT Token Holders

Blockchain infrastructure developer Bison Trails is offering a new tool, called managed controllers, in order to automatically manage Polkadot participation for “large-scale” DOT token holders who are interested in optimizing their participation. DOTs are Polkadot’s native tokens that are used as part of transactions on… Read More

Expedia’s 700,000+ Accommodations May Now be Booked with Crypto Payments via Travala.com

  Expedia has revealed that it will now allow its 700,000+ accommodations to be booked with digital currency payments via Travala.com, a crypto hotel booking platform. Travala.com’s management confirmed on July 6, 2020 that the company had added Expedia’s accommodations to its crypto-powered travel platform’s… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

$12 Billion in Decentralized Application (dApp) Transactions Processed during Q2 2020, with Ethereum (ETH) Accounting for 82% of “Created Value”: Report

Ethereum (ETH) currently stands and maintains its position as the world’s most significant blockchain despite the recent surge in gas prices (gas is used to power transactions and other forms of economic activity on Ethereum). The value or market cap of the Ethereum blockchain increased… Read More

Ampleforth (AMPL), which Claims to be “the Best of Bitcoin and Stablecoins,” Records Over $1.8 Million in AMPL/ETH 24-Hour Trading Volume on Uniswap

It has now been a little over a week since Ampleforth (AMPL) introduced decentralized finance (DeFi) liquidity rewards via its new program, called AMPL Geyser. As noted in an update shared with Crowdfund Insider, there’s currently (at time of writing) around $2.34 million in total… Read More

Decentralized Apps Experience Dramatic Surge in Activity in June 2020, Led by $500 Million Increase in DeFi Protocol Compound’s Balance Sheet

The blockchain-based decentralized applications (dApps) ecosystem appears to have experienced significant growth during Q2 2020. As expected, most of the development involved decentralized finance (DeFi) apps running on Ethereum (ETH), the world’s largest smart contract platform. Decentralized (or non-custodial) crypto exchanges (DEXs) led the way… 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

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

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

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

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