Tagged: ethereum

January 2, 2021 @ 5:25 pm By Omar Faridi  |  

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More

January 2, 2021 @ 3:28 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it remains committed to innovating in 2021 in an increasingly “decentralized” world. Binance CEO Changpeng Zhao or CZ has shared his thoughts and reflections looking back at 2020 and the firm’s goals for the new year. Zhao… Read More

January 1, 2021 @ 11:26 pm By Omar Faridi  |  

Isa Kivlighan from Aave (AAVE), an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, states that 2020 was an “incredible year” for DeFi, as the sector grew dramatically from a little over… Read More

January 1, 2021 @ 11:10 pm By Omar Faridi  |  

Pete Kim, who has helped build the USDC stablecoin version 2.0 and the Coinbase Wallet, has published an update on upgrading one of the world’s largest digital assets, USDC, which is an (Ethereum) ERC-20 compliant token. Kim explains that USD Coin (USDC) is a stablecoin… Read More

December 30, 2020 @ 8:22 pm By Omar Faridi  |  

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

December 30, 2020 @ 10:35 am By Samantha Hurst  |  

  Hong Kong-based Crypto.com recently announced its CTO and Co-Founder, Gary Or, has launched Particle B, which is an accelerator that will incubate DeFi projects built on the Crypto.com Chain as well as the Bitcoin and Ethereum networks. According to Crypto.com, Particle B “believes” in an… Read More

December 30, 2020 @ 8:41 am By Omar Faridi  |  

Tokyo-based GMO Internet Inc., an Internet conglomerate, has reportedly been granted approval from the New York Department of Financial Services (NYDFS) to form a limited purpose trust company, GMO-Z.com Trust Company, Inc. Through this initiative, the company will issue the very first regulated Japanese Yen-pegged… Read More

December 29, 2020 @ 10:22 pm By Omar Faridi  |  

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

December 28, 2020 @ 7:18 pm By Omar Faridi  |  

IOHK (Input Output Hong Kong) has teamed up with Wolfram in order to power Cardano (ADA), a major platform for building decentralized applications (dApps). Cardano has notably joined Bitcoin (BTC) and Ethereum (ETH) by integrating into Wolfram’s leading technology and knowledge base, Wolfram Alpha. However,… Read More

December 27, 2020 @ 2:18 pm By Omar Faridi  |  

Digital asset exchange Binance notes in its crypto market overview report that Bitcoin (BTC) continued its previous week’s bull run. The flagship digital currency managed to break its all-time high several times within 24 hours, stopping only slightly above the $24,000 mark on Saturday (December… Read More

December 26, 2020 @ 11:05 am By Omar Faridi  |  

The developers at Avalanche, a blockchain project led by Cornell professor Dr. Emin Gun Sirer, claim that their platform is showing “no signs of slowing down.” In January 2021, the Avalanche-Ethereum Bridge will be introduced on mainnet, a “tremendous” effort across multiple organizations including ChainSafe,… Read More

December 22, 2020 @ 10:20 pm By Omar Faridi  |  

Binance has welcomed digital assets derivatives exchange Mettalex (developed by Fetch.ai) to its decentralized finance (DeFi) ecosystem. Mettalex is teaming up with Binance Smart Chain in order to enable lower transaction fees to commodity derivatives traders and liquidity providers, according to a release. Vlad Dramaliev… Read More

December 21, 2020 @ 9:05 pm By Omar Faridi  |  

The team at Interdax, a digital assets derivatives trading platform, recently took a close look at some of the leading (non-fungible token) NFT initiatives across several different categories. The report from Interdax took a closer look at the highest volume Non-Fungible Tokens (NFTs) projects during… Read More

December 19, 2020 @ 6:07 pm By Omar Faridi  |  

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, confirmed on December 17, 2020 that this month marked the highly-anticipated launch of Ethereum 2.0 Phase 0. Although the complete implementation of Ethereum 2.0 (Eth2) will be rolled out in different phases, Gemini stated that… Read More

December 19, 2020 @ 2:12 pm By Omar Faridi  |  

Diogo Mónica, Anchorage President and co-founder, has confirmed that Anchorage and Tokensoft are introducing two assets to the (decentralized finance) DeFi and larger Ethereum ecosystem. They include Wrapped CELO (wCELO) and cUSD (wCUSD). As mentioned in the announcement: “Through Wrapped, institutions get easy, secure DeFi… Read More

December 19, 2020 @ 1:34 pm By Omar Faridi  |  

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

December 16, 2020 @ 12:31 pm By JD Alois  |  

CME Group intends to launch Ether futures starting February 8, 2021, pending necessary regulatory review. CME states that the new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of… Read More

December 14, 2020 @ 7:45 pm By Omar Faridi  |  

Researchers at Coinbase recently looked at Ethereum (ETH) competitors (often referred to as Ethereum “killers”) and several other new blockchain or distributed ledger technology (DLT) platforms. Ryan Yi and Justin Mart from Coinbase Ventures analyzed the current landscape of DLT-powered smart contract platforms and emerging… Read More

December 14, 2020 @ 8:49 am By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

December 12, 2020 @ 4:43 pm By Omar Faridi  |  

The developers of Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that as part of the platform’s focus on security and transparency, the Aave Genesis team will be… Read More