Tagged: ethereum

Fintech Firm Milo Launches Crypto Loans

Milo, a financial technology company that is reimagining the way crypto and global consumers access financial solutions, announced the launch of its new crypto loan product. This launch means that digital asset-holders will now have the opportunity “to use their cryptocurrency as collateral to access… Read More

Digital Assets Market Makes Remarkable Rebound, Metaverse, Smart Contract Sectors Performing Well: Coinmetrics Report

In a report titled, Monitoring the Currents of the Crypto Market, Matías Andrade and Kyle Waters from Coinmetrics noted that the digital asset market is “experiencing a surge in activity as we kick off the new year. The update from Coinmetrics points out that Bitcoin… Read More

Ethereum L2 Blockchain Scaling Solutions: PARSIQ Launches Tsunami API on Arbitrum One

PARSIQ has launched its “blazing” fast Tsunami API on Arbitrum One. The Layer-2 Ethereum scaling solution has already “attracted a strong community of users and developers — with Tsunami API, builders can access instant real-time and historical data providing advanced querying functionality and vital monitoring… Read More

Web3: Masa Ethereum Virtual Machine Compatible Soulbound Identity Protocol Mainnet Now Live

Masa, the first Ethereum Virtual Machine (EVM)-compatible Soulbound identity protocol, announced its mainnet launch on the Ethereum network. The mainnet launch of Masa Soulbound Identity “brings a standardized on-chain Soulbound Token protocol and infrastructure to power the web3 economy.” The mainnet launch “empowers users to… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

Ethereum, BNB Chain Experienced the Most DeFi, Blockchain-related Security Incidents in 2022: Report

A new report from SlowMist takes a close look at the major events in the blockchain industry that took place in 2022. The report from SlowMist provides an overview of the security status of each area within the industry and delves into “common attack techniques.”… Read More

DeFi Tokens Market Cap Declined Due to Macroeconomic Uncertainty, Malinvestments within Crypto Sector: Report

The team at Coinmetrics has released the State of DeFi Tokens in 2023 Report. Authored by Matías Andrade and Kyle Waters, the Coinmetrics report reveals that decentralized finance (DeFi) is “a rapidly growing application of blockchain technology that aims to provide financial services, such as… Read More

Anchorage on Staking: Ethereum Goes Deflationary

Digital asset bank Anchorage Digital has posted its perspective on Ethereum – post Merge. Anchorage as a service provides Ethereum staking following the transition from Proof of Work to Proof of Stake. While touting its own services, Anchorage notes that Ethereum has gone deflationary for… Read More

Financial Privacy focused Crypto Protocol Beam Shares Key Updates from Past Year

Beam celebrated its 4th anniversary on January 3rd 2023. During that time, Beam claims it has “cemented its place as the top confidential cryptocurrency in terms of features, stability and confidentiality, constantly evolving and improving in all categories.” Launched in 2019, Beam is described as… Read More

Injective, an L1 Blockchain that Brings Cosmos and Ethereum Interoperability to Finance Apps, Shares Key Milestones from Past Year

To say that 2022 was a “monumental” year for Injective is an “understatement,” the developers claim. This past year, Injective not only “focused on continuing to expand its ecosystem while strengthening the layer one chain, but it also accelerated its reach within the broader Web3… Read More

The Bank of Spain Confirms Registration of Coinmotion as Cryptocurrency Operator

Coinmotion, a Finland-based cryptocurrency service provider, has obtained confirmation from the Bank of Spain as “a valid provider of virtual currency exchange services for fiat currency and custody of electronic wallets with the registration number D741.” This means that Coinmotion “reinforces its presence in the… Read More

Core Now Offers Coinbase Pay as Way to Go From Cash to Crypto

Core, a free, self-custody wallet engineered for users to seamlessly and securely use Web3 dApps, has integrated Coinbase Pay, giving users more ways “to deposit cash to convert to crypto for use on Avalanche, Ethereum, and many other blockchain networks.” Coinbase Pay supports 60+ fiat… Read More

Nubank Adds More Digital Currencies to Nubank Cripto Experience

In yet another step towards democratizing access to the world of cryptocurrencies in Latin America, Nubank (NYSE: NU) announced two more digital currencies as part of the Nubank Cripto experience, currently “available to more than 67 million of customers in Brazil.” Launched in May “with… Read More

Paxful Boots Ethereum Off Platform. Claims Integrity Over Revenue in Decision

This is a bit of a surprise. Paxful, a peer-to-peer platform for crypto, has decided to remove Ethereum, the second most popular crypto in the world, from its platform. In a Tweet, Paxful founder and CEO Ray Youssef said they were choosing integrity over revenue,… Read More

THORChain Integrates with Trust Wallet to Accelerate Adoption of Crypto Self-Custody

THORChain, a non-custodial decentralized native asset protocol that enables wallets, decentralized exchanges (DEXs), and users to seamlessly transfer their digital assets across blockchains, has completed its integration with Trust Wallet, a self-custodial and multi-chain wallet provider. This integration “unlocks decentralized multichain swaps for the more… Read More

ConsenSys, PayPal to Allow Clients to Buy Crypto-Assets in MetaMask

ConsenSys, a Web3 company, announced that U.S. MetaMask users will be able to purchase crypto (ETH) from “within the app” using PayPal. MetaMask will reportedly “be the first Web3 wallet to leverage PayPal to drive more successful on-ramp transactions.” Initially available to select PayPal users… Read More

Decentralized Finance: Sommelier Brings Ethereum (ETH) DeFi Strategy Assets to Injective

Sommelier, the automated DeFi portfolio management platform, announces that it has launched Ethereum DeFi strategy tokens “for the first time on Injective, a layer 1 Cosmos blockchain optimized for finance.” Sommelier is a blockchain/DLT-based platform “built with the Cosmos SDK that executes advanced crypto portfolio… Read More

PayPal Expands Crypto Buy, Sell, Hold Service to Luxembourg

Luxembourg is a country known for its “strong” focus on innovation and is one of the world’s “leading” financial centers, and PayPal (NASDAQ:PYPL) is pleased to announce that they will be “expanding PayPal’s cryptocurrency services to eligible Luxembourgish customers in the coming days.” The introduction… Read More

Binance.US Expands Zero Fee Trading to Ethereum (ETH) via New Fee Schedule

Binance.US, the U.S. partner to one of the world’s largest crypto exchange and America’s home to buy, sell, trade, convert and stake digital assets, announced that it “has expanded its zero fee pricing model to now include Ethereum (ETH), effective immediately.” All new and existing… Read More

Blockchain Startup Ettle Announces Australian Dollar based Stablecoin

Ettle, a blockchain startup, has announced a pilot transaction for an Australian dollar-based stablecoin AUDE. According to a company statement, Ettle partnered with Meadow Labs in the experiment to make a payment using the AUDE to one of its contractors. Ettle says it is utilizing… Read More

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