Tagged: ethereum

Blockchain Platform XinFin Integrates Chainlink (LINK) which Offers Secure Decentralized Oracles for Reliable Financial Data

The developers of the XinFin [XDC] Network, an open-source, hybrid blockchain platform, have announced that they’ll be integrating their platform with Chainlink (LINK) Oracles in order to power several new trade finance use cases. Chainlink offers a market-leading decentralized oracle network. The platform has grown… Read More

Matic, which Supports Secure, Instant Crypto Transactions, Verified by Ethereum, Announces Major Updates

Matic, a platform that aims to facilitate secure, scalable, and instant transactions that are verified by the Ethereum (ETH) blockchain network, has announced new project updates. The Matic developers claim that their project has been making steady progress after it was introduced via Binance Launchpad… Read More

Kyber Network, a Decentralized Ethereum Token Exchange Protocol, Reports Challenges Due to High ETH Gas Fees

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

Ethereum Token Loopring (LRC), which Supports Non-Custodial Exchange Protocol, to Launch on Coinbase Pro

On September 14, 2020, Coinbase Pro users will have the option to transfer Loopring (LRC) tokens into their accounts ahead of trading. The exchange has confirmed that support for LRC tokens will be available in all of its supported jurisdictions, except New York State due… Read More

Self-Custody Crypto Exchange Deversifi CEO Disagrees with Idea that you’ve Joined the “Dark Side” for Not Condemning DeFi Protocol SushiSwap

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

Ethereum Is a High Inflation Chain “Controlled by a Cartel that Won’t Upgrade Scalability of Protocol,” According to Brendan Blumer, CEO at Block.one

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

Blockchain Platform Ontology’s ONT and ONG Tokens May be Swapped to eONT, eONG on Ethereum, Also Listed on Uniswap

The developers of Ontology (ONT), a “high-performance” blockchain network, have noted that they’ve successfully completed the development of an open-source decentralized identity (DID) smart contract, which was launched on the Ethereum (ETH) network. The Ontology team confirmed on September 4, 2020, that both its native… Read More

DeFi Protocol Maker Upgrades its Liquidations System so that it Can Handle Emergencies like Historic March 12, 2020 Market Crash

The Liquidations System of the Maker Protocol, which supports a leading Ethereum (ETH) based lending system, is a key element that has been developed to ensure that the stablecoin Dai generated in Maker Vaults “remains adequately collateralized.” The Maker Protocol is central or key to… Read More

Ethereum Token UMA for Financial Contracts and Synthetic Assets, with $1.26 Billion Market Cap, to be Listed by Coinbase Pro

On September 4, 2020, Coinbase Pro users will be able to transfer UMA cryptocurrency tokens into their accounts ahead of scheduled trading. Support for the UMA digital currency will be available in all of the digital asset exchange’s supported jurisdictions, however, New York State residents… Read More

Ethereum Blockchain focused Developer ConsenSys Is Also Addressing Fintech related Issues, Industry Exec Explains

Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, confirms that the organization recently acquired Quorum from J.P. Morgan. Quorum is a platform that serves as a private, enterprise version of Ethereum (ETH). As covered, ConsenSys has also received an investment from J.P. Morgan…. Read More

StakeHound Introduces the “Best of Both Worlds” by Issuing “Stake-backed” DeFi Tokens for Generating Liquidity and Yield

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

Quantum Resistant Ledger, a Post-Quantum Value Store and Decentralized Communication Layer, to have its Ethereum Web Wallet Audited

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

Ethereum Classic (ETC) Suffers Yet Another 51% Attack, Major Changes Needed to Improve Blockchain Platform’s Security

Ethereum Classic (ETC), which only has about 3% of the total hashpower (computing resources securing blockchain networks) that’s currently being used to secure the much larger and arguably more secure Ethereum (ETH) network, recently experienced another serious 51% attack. These types of attacks can occur… Read More

Regulators Could’ve Created a Compliant Path for Reg A+ and Reg CFs on Ethereum, but they Failed, Crypto focused Lawyer Claims

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

Binance Explains Why Altcoins or Small Market Cap Cryptocurrencies have Outperformed Bitcoin, Ethereum, XRP

Binance, the world’s largest crypto exchange in terms of trading volume, is questioning or wondering why we have many small-cap altcoins (alternative coins besides Bitcoin, the flagship digital currency) that are outperforming BTC and other major virtual assets. Binance confirms that Bitcoin surged past the… Read More

New York based Blockchain Firm ConsenSys Acquires JP Morgan’s Quorum, a Permissioned Version of Ethereum

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

Yearn.Finance’s DeFi Token, YFI, is Worth 15% More than Bitcoin (BTC), Messari Argues it’s Still One of the Cheapest Tokens

The team at Messari, an online database for the digital asset sector that offers key data insights, pricing, and research on cryptocurrencies, has argued that Yearn.Finance’s YFI token is one of the least costly or reasonably priced assets in the emerging decentralized finance (DeFi) sector…. Read More

Billion Dollar DeFi Protocol Aave Awarded Electronic Money Institution License by the UK’s Financial Conduct Authority

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, has been awarded an Electronic Money Institution (EMI) license by the UK’s financial regulator, the Financial Conduct Authority (FCA). Aave Ltd received… Read More

Here’s What Digital Asset Exchange Coinbase Checks Before Listing New Ethereum or ERC-20 Compliant Tokens

The (Ethereum) ERC-20 token standard has become the most widely-used way to issue digital assets and assign cryptocurrency or blockchain protocol voting rights on the Ethereum (ETH) blockchain, the world’s largest platform for building decentralized applications (dApps). Crypto exchange Coinbase notes that when assessing an… Read More

Blockchain Platform Qtum Claims it’s Ready for DeFi with Higher Throughput than Ethereum, and Cheaper Smart Contract Deployment

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), notes that suddenly everyone is talking about decentralized finance or DeFi. Indeed, the DeFi ecosystem is expanding rapidly, despite the risks… Read More

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