Tagged: ethereum

Ethereum Alternatives like Avalanche, Solana, BSC Offer Performance Benefits, but Sacrifice Certain Degree of Decentralization: Report

Amber Group, a firm that helps clients buy and sell cryptocurrency products, earn yield, manage risk, and access liquidity, notes that one of the most “pressing” challenges that the Ethereum (ETH) network faces is scalability. In an extensive report, Amber Group explained that this issue… Read More

Crypto Markets Massively Outperformed Other Asset Classes Last Year, Reasonable to Expect Market Crash in 2022: Report

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More

Cryptocurrency Adoption: Bitrefill Says You can Now Live on Crypto In Saudi Arabia

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

Bitcoin Supply Increased by Only 1.8% in 2021, Ethereum EIP-1559 Considered Largely Successful, Coin Metrics Reports

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Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

CoinShares Reports Digital Asset Inflows of $9.3B in 2021, Compared to $6.8B in 2020

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending December 31, 2021, the firm saw yearly inflows of “US$9.3bn in… Read More

Digital Money Transfer Platform ZEN.COM Introduces Service that Converts Fiat to Virtual Currency

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

LTD.INC, which Works with Creators to Launch Ethereum based NFT Collections, to Introduce Web 3.0 Platform

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

Crypto Derivatives: Bitfinex Derivatives Is Now Offering Curve DAO Token Perpetual Swaps

Bitfinex Derivatives provides a derivatives platform that’s accessible via Bitfinex, a digital token trading platform. Bitfinex Derivatives has announced the launch of a perpetual contract for Curve DAO Token (CRVF0:USTF0). Curve DAO Token (CRV) is an Ethereum token that is used to power transactions via… Read More

Daily Usage Patterns of Tether Issued on Ethereum Shifted in 2021, Coin Metrics Reports

The Coin Metric State of the Network Report #135 notes that decentralized finance (DeFi) has experienced tremendous growth during the past few years. At present, the most widely-used metric to measure DeFi adoption is called “Total Value Locked”, or TVL. According to Coin Metrics researchers,… Read More

Chainlink Keepers Are Helping Smart Contract Devs on Ethereum, Polygon, BSC with Creating Seamless dApps

Chainlink Keepers is a decentralized transaction automation solution that allows smart contracts to effectively automate important functions and DevOps tasks in a reliable, “trust-minimized”, and cost-efficient way. Blockchain developers, teams, and distributed autonomous organizations or DAOs are able to leverage Chainlink Keepers as a type… Read More

Crypto Exchanges See $598M Stolen in First Half of December: Elliptic

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

Ethereum Scaling Solution Nahmii Provides Updates on Withdrawing Funds, Announces More Developer Support

Layer 2 scaling solution Nahmii has shared updates regarding users’ ability to withdraw funds from Nahmii to Ethereum via their bridge. As the team reaches the end of a busy year for the Nahmii project, they wanted to share a timely update with the community… Read More

Full Release of the HUMAN App Now Live with 200,000+ Users

HUMAN Protocol announced the complete launch of the HUMAN App: a web-based software application that demonstrates how work “published to the Protocol can be accessed and completed by distributed workforces.” As mentioned in a release, the HUMAN App acts as a gateway to work processed… Read More

NFT.Physio Spans Physical, Digital Worlds, Seeks Place in $5B Market

Even though NFTs exist in the digital realm, Shant Kevonian makes a compelling case for offering a physical replica, and his company NFT.Physio bridges that gap. A serial entrepreneur with a technological flair, Kevonian likens the NFT craze in some respects to products like Funko… Read More

Bitcoin #1 on Social Media’s Top 10 Most Popular Cryptocurrencies List

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

Terabethia, an Ethereum Bridge, Launched By Web 3 Development Studio Psychedelic

Psychedelic, a decentralized Web 3 development studio building products for the Internet Computer, today launched Terabethia — a cross-network bridge designed to enable cross-chain contract communication, and asset mirroring and transfer across different chains, starting with the Internet Computer and Ethereum. Terabethia represents the first… Read More

Cypherium Enables Support for Ethereum, EVM

Cypherium, a scalable and permissionless blockchain platform, has enabled support both for an Ethereum Virtual Machine (EVM) as well as the Ethereum Network’s primary coding language, Solidity. The company said the benefits that come with this are many but include bringing about much greater interoperability… Read More

Digital Asset Manager CoinShares Reports Largest Weekly Outflows on Record Totaling $142M

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (December 20) that for the week ending December 17,… Read More

Binance Labs Makes Strategic Investment in League of Kingdoms to Enhance Web 3.0 Gaming Industry

Binance Labs, the venture capital and innovation incubation division of Binance, has reportedly invested in the League of Kingdoms (LoK), which claims to be the world’s first decentralized MMO NFT strategy game built on Ethereum (ETH). In LoK, players are able to build various kingdoms… Read More

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