Tagged: ether

May 27, 2020 @ 8:09 am By Omar Faridi  |  

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

May 26, 2020 @ 7:38 am By Omar Faridi  |  

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

May 24, 2020 @ 10:48 pm By Omar Faridi  |  

  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

May 23, 2020 @ 10:09 pm By Omar Faridi  |  

Digital asset exchange FTX has introduced a crypto trading platform for US-based users. FTX.US supports spot trading for major virtual currencies, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Paxos Gold token (PAXG), and stablecoin Tether (USDT). The new platform will provide up… Read More

May 23, 2020 @ 2:54 pm By Omar Faridi  |  

We recently talked to Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio based in New York. Before joining ConsenSys, Sokolin was the Global Director of Fintech Strategy at Autonomous Research, a firm that was eventually acquired by… Read More

May 22, 2020 @ 12:32 pm By Omar Faridi  |  

The cryptocurrency market continues to recover from its mid-March 2020 lows and at the end of last month, Bitcoin (BTC) was up 22% for the year. As reported by Blockchain.com, a block explorer and crypto wallet service provider, Bitcoin has outperformed other major assets that… Read More

May 15, 2020 @ 9:08 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, may serve as a gateway for investors to consider buying other digital assets or “altcoins” (alternative coins). According to research conducted by San Francisco-based crypto exchange Coinbase, 60% of first-time virtual currency investors purchase Bitcoin at first. However, only 24%… Read More

May 14, 2020 @ 11:28 pm By Omar Faridi  |  

Reddit, the popular social news aggregation and discussion website, is currently testing two Ethereum-powered tokens for platform users. The blockchain-based tokens may be earned as rewards for posting content to Reddit’s online forums. The two tokens, $BRICKS and $MOONS, will be awarded to user accounts… Read More

May 14, 2020 @ 10:25 pm By Omar Faridi  |  

Andreessen Horowitz (a16z)-backed dYdX, a non-custodial cryptocurrency exchange, has confirmed the public launch of its Bitcoin (BTC) perpetual contracts market. Perpetual contracts are derivatives that are somewhat like futures contracts, however, they don’t have an expiry or fixed settlement date. Perpetual contracts closely resemble a… Read More

May 13, 2020 @ 10:45 pm By Omar Faridi  |  

MakerDAO, a leading Ethereum-based lending system, is preparing to move to a multi-collateral DAI (MCD or Dai) system. The protocol’s community has closed down the single-collateral Dai (Sai) system, as the decentralized finance (DeFi) solution gets ready for the transition. MCD had been activated on… Read More

May 12, 2020 @ 8:46 pm By Omar Faridi  |  

A limited-edition “cassette tape” produced by Grammy award-winning DJ André Allen Anjos (aka RAC) has been tokenized and released on Zora, an Ethereum-powered digital marketplace. Zora’s developers first gained recognition last year, when they launched Saint Fame, a decentralized autonomous organization (DAO) that has developed… Read More

May 10, 2020 @ 5:29 pm By Omar Faridi  |  

A researcher from digital asset investment company, Paradigm, has co-published a whitepaper that describes a new type of decentralized finance (DeFi) lending protocol, which promises fixed-interest rates. Dan Robinson and Allan Niemberg, the authors of the Yield Protocol whitepaper, officially announced the initiative on May… Read More

May 4, 2020 @ 11:35 pm By Omar Faridi  |  

Maker (MKR) governance token holders have decided (through community voting) to approve a proposal which recommends adding Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1-to-1 by Bitcoin (BTC), as the decentralized finance (DeFi) protocol’s (MakerDAO) newest collateral type. WBTC is an ERC-20 compliant token that… Read More

May 4, 2020 @ 7:33 pm By Omar Faridi  |  

The total volume of Ether (ETH) transactions performed via decentralized or non-custodial cryptocurrency exchanges (DEXs) reached approximately $2 billion (in total) for the first four months of this year. It appears that traders have recently begun to increasingly use DEXs to trade ETH this year,… Read More

May 3, 2020 @ 3:47 pm By Omar Faridi  |  

Over 150 different Ethereum (ETH) projects have acquired almost $25 million in total grant funding to date. The Ethereum Foundation, a Switzerland-based non-profit entity supporting the ongoing development of Ethereum, is the largest donor. The foundation has allocated more than $21 million (of the total… Read More

April 30, 2020 @ 2:29 pm By Omar Faridi  |  

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

April 29, 2020 @ 2:18 pm By Omar Faridi  |  

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

April 29, 2020 @ 11:48 am By Omar Faridi  |  

MakerDAO (MKR), a leading Ethereum (ETH)-based lending protocol, has released a new report that tries to put the events of “Black Thursday” (when the Bitcoin and larger crypto market crashed over 50% between March 12-13, 2020) into context. MakerDAO’s report notes that there are certain… Read More

April 24, 2020 @ 10:30 am By Samantha Hurst  |  

Next-generation cryptocurrency trading platform BitMEX announced on Friday it is planning to launch an Ether (ETHUSD) quanta futures contract with up to 50x leverage May 5th. According to BitMEX, the first contract, ETHUSDM20, will expire in June. BitMEX claims that the contract will be the… Read More

April 22, 2020 @ 8:17 am By Omar Faridi  |  

The combined market capitalization of Ethereum (ETH)-powered stablecoins (digital assets pegged to major fiat currencies or other real-world assets) has surged by over 95% year-to-date. The total market cap of all ETH-based stablecoins stands at around $6.25 billion. Research conducted by The Block reveals that… Read More