Tagged: ethereum

September 2, 2020 @ 6:11 pm By Omar Faridi  |  

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

September 1, 2020 @ 9:13 am By Omar Faridi  |  

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

August 30, 2020 @ 2:44 pm By Omar Faridi  |  

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

August 28, 2020 @ 12:30 pm By Omar Faridi  |  

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

August 26, 2020 @ 7:35 am By Omar Faridi  |  

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

August 25, 2020 @ 7:38 pm By Omar Faridi  |  

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

August 25, 2020 @ 6:37 pm By Omar Faridi  |  

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

August 18, 2020 @ 9:58 pm By Omar Faridi  |  

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

August 18, 2020 @ 8:23 pm By Omar Faridi  |  

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

August 17, 2020 @ 10:44 pm By Omar Faridi  |  

Blockfolio, which provides blockchain and crypto industry updates with detailed pricing, market data, news, and direct updates from key players, reveals that 32% of people responding to a survey said they do not know anything about decentralized finance or DeFi. The Blockfolio online survey, which… Read More

August 17, 2020 @ 8:55 pm By Omar Faridi  |  

Huobi Group, a major blockchain and digital assets service provider that operates cryptocurrency exchanges and related services, has revealed that it has launched Huobi DeFi Labs. According to a release, Huobi DeFi Labs will focus on research, investment, and incubation of decentralized finance projects. The… Read More

August 17, 2020 @ 7:57 am By Omar Faridi  |  

Leading cryptocurrency exchange Binance reveals that if you had invested $1,000 on Jan 1,  2020, in both Amazon (NASDAQ:AMZN) stock and Bitcoin (BTC), you would have earned significantly more from your Amazon holdings, when compared to the price appreciation of the leading digital currency. However,… Read More

August 16, 2020 @ 9:36 pm By Omar Faridi  |  

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, now has a market cap of more than $1 billion (at the time of writing). In February 2020, the entire decentralized finance… Read More

August 16, 2020 @ 7:52 pm By Omar Faridi  |  

The number of transactions conducted on the Ethereum (ETH) blockchain have increased by over 2x in 2020, when compared to last year. The world’s second-largest blockchain (behind only Bitcoin) is now handling around the same number of transactions as it did back in January 2018,… Read More

August 16, 2020 @ 6:24 pm By Omar Faridi  |  

Ontology (ONT), a high-performance or “high-throughput” blockchain platform with a market cap of over $510 million according to CoinGecko data, revealed on August 14, 2020 that it has completed the development of the next stage of its open-source DID smart contract – which has been… Read More

August 11, 2020 @ 8:10 pm By Omar Faridi  |  

Charles Hoskinson, an Ethereum co-founder and now better known for being the founder of Cardano (ADA), a platform for building decentralized applications (dApps), recently came forward to offer help to the Ethereum Classic (ETC) community members. However, Hoskinson had certain conditions that he wanted the… Read More

August 9, 2020 @ 3:55 pm By Omar Faridi  |  

Leading decentralized finance (DeFi) protocol Compound (COMP) has introduced its own permissionless (public), upgradable price feed. A price oracle is a third-party, “decentralized” feed that offers the data needed to process blockchain-based smart contracts. There are currently many Open Finance or DeFi platforms that use… Read More

August 8, 2020 @ 7:36 pm By Omar Faridi  |  

Santiment, which offers on-chain, social and curated information on over 900 cryptocurrencies, notes that, quite often, development activity is an “underrated” indicator of the success of a blockchain or digital asset project. Santiment believes that developer activity for crypto-related initiatives proves or shows the month-to-month… Read More

August 8, 2020 @ 7:01 pm By Omar Faridi  |  

Equilibrium, which describes itself as an all-in-one, interoperable decentralized finance (DeFi) Hub that lets users stake (cryptocurrencies) and earn, lend and raise liquidity “all in one place,” has partnered with Polkadot, a leading blockchain protocol that has been founded by Gavin Wood, an Ethereum (ETH)… Read More

August 7, 2020 @ 5:09 pm By Omar Faridi  |  

Ethereum based Uniswap, a leading non-custodial crypto token exchange, has reportedly secured $11 million through a Series A investment round. Uniswap’s latest funding round was led by giant VC firm Andreessen Horowitz. Union Square Ventures, Version One, Parafi Capital, Variant, SV Angel and A. Capital… Read More