Tagged: ethereum

Telos, the Second-Most Active Blockchain Behind EOS, Increases Staking Rewards, and Development Funding

Telos, one of the most active blockchain-based networks in terms of transactions processed per second (which isn’t always the best metric to gauge the performance of DLT platforms), announced on July 23, 2020, that it has increased its staking rewards and also allocated more funding… Read More

Switzerland’s Smart Valor, a Company Offering a Digital Asset Trading Platform, Adds Staking Support for Kyber Network KNC Tokens

Switzerland’s Smart Valor, a company that operates a European crypto-asset trading platform, has revealed that it plans to add support for Kyber Network Crystal (KNC) staking, which will give Kyber Network members the chance to stake their KNC tokens on KyberDAO. Kyber Network is an… Read More

Ethereum 2.0 Development Going Steady with Ethereum Foundation Introducing “Attack Networks” Bounty Program for Hackers for Testing Purposes

The Ethereum Foundation, an organization that supports the ongoing development of Ethereum (ETH), the largest blockchain-based network for building decentralized applications (dApps), has introduced several public “attack networks” for Ethereum 2.0, which is based on existing stable clients of the smart contract platform. These attack… Read More

Maksab, a Digital Deal Making Platform for SMEs, Launches in Dubai

Maksab, a blockchain-enabled digital platform that aims to promote high growth opportunities via a virtual deal-making marketplace, has launched in Dubai.  The company notes that MENA based startups have raised over USD $659 million in the first half of 2020, a 35% increase compared to… Read More

Explosive DeFi Growth Reported, after Cryptocurrencies Crashed on Black Thursday just like Traditional Financial Markets

The first half of 2020 has been negatively impacted by the global COVID-19 outbreak, including the nascent Bitcoin (BTC) and the alternative asset sector. Several blockchain and crypto firms such as TAGZ, an Australian digital currency exchange, and investment company Adaptive Capital have been forced… Read More

Ethereum Compatible Skale Network’s Native Token Set to Launch on ConsenSys’ Codefi Activate on August 17, 2020

Activate, by ConsenSys Codefi, is reportedly the first platform developed specifically for creating decentralized networks and allowing users to purchase, manage, and use their digital tokens through a single application. Leading Ethereum development studio ConsenSys announced on July 16, 2020, that the SKALE Network’s SKALE… Read More

Ethereum Dominated DeFi Space Experiences Steady Growth with Increasing Adoption of Compound and Other Lending Protocols: Report

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

Revolut U.S. Launches: U.S. Customers Are Now Able to Buy, Hold, & Exchange Bitcoin/Ethereum

Digital bank Revolut announced on Wednesday that Revolut U.S. has officially made its debut. According to Revolut, U.S. customers are now able to buy, hold, and exchange Bitcoin as well as Ethereum. Users may also automatically round-up their spare change from their Revolut card into… Read More

Ethereum based Non-Custodial Exchange Uniswap Now has Over 2,250 Unique Markets, but Huge Potential for Scams due to Open Listing Policy

Although the decentralized crypto-asset exchange (DEX) sector is still in its early stages of development, it can be argued that there are some platforms that are beginning to take the lead when it comes to the number of digital assets they’re supporting. Ethereum (ETH)-based Uniswap,… Read More

Zilliqa to Work with Binance on Dollar based Stablecoin

Zilliqa, an enterprise-level blockchain platform, says it will work with Binance to bring the BUSD stablecoin onto the Zilliqa network. The BUSD stablecoin, issued in partnership with the Paxos Trust Company, is regulated by the New York Department of Financial Services and audited on a… Read More

Blockchain Infrastructure Developer Bison Trails Introduces Tool to Automatically Manage Polkadot Participation for “Large-Scale” DOT Token Holders

Blockchain infrastructure developer Bison Trails is offering a new tool, called managed controllers, in order to automatically manage Polkadot participation for “large-scale” DOT token holders who are interested in optimizing their participation. DOTs are Polkadot’s native tokens that are used as part of transactions on… Read More

As Ethereum 2.0 Mainnet Gets Ready to Launch, Co-founder Vitalik Buterin Admits Developers Overlooked Sharding, Proof of Stake Design Issues

Vitalik Buterin, the co-founder of Ethereum (ETH), the world’s largest smart contract platform, recently admitted that he would have approached the ongoing development of Ethereum a lot differently if he started building it now from scratch. Buterin, whose comments came during a recent episode of… Read More

$12 Billion in Decentralized Application (dApp) Transactions Processed during Q2 2020, with Ethereum (ETH) Accounting for 82% of “Created Value”: Report

Ethereum (ETH) currently stands and maintains its position as the world’s most significant blockchain despite the recent surge in gas prices (gas is used to power transactions and other forms of economic activity on Ethereum). The value or market cap of the Ethereum blockchain increased… Read More

Ampleforth (AMPL), which Claims to be “the Best of Bitcoin and Stablecoins,” Records Over $1.8 Million in AMPL/ETH 24-Hour Trading Volume on Uniswap

It has now been a little over a week since Ampleforth (AMPL) introduced decentralized finance (DeFi) liquidity rewards via its new program, called AMPL Geyser. As noted in an update shared with Crowdfund Insider, there’s currently (at time of writing) around $2.34 million in total… Read More

Ethereum Compatible SKALE Network Is Now Live on Mainnet, Is Designed to Improve UX for Decentralized Applications

ConsenSys Codefi, which provides the blockchain “operating system” for running commerce and finance applications, announced in February 2020 that the SKALE Network became the first “decentralized” network to issue a token on the Activate platform. As explained in a blog post published the ConsenSys Codefi… Read More

Decentralized Apps Experience Dramatic Surge in Activity in June 2020, Led by $500 Million Increase in DeFi Protocol Compound’s Balance Sheet

The blockchain-based decentralized applications (dApps) ecosystem appears to have experienced significant growth during Q2 2020. As expected, most of the development involved decentralized finance (DeFi) apps running on Ethereum (ETH), the world’s largest smart contract platform. Decentralized (or non-custodial) crypto exchanges (DEXs) led the way… Read More

Ethereum based 0x, a Protocol for Developing Non-Custodial Trading Infrastructure, Introduces Liquidity Aggregator for Digital Asset Traders

Ethereum based 0x (ZRX), a leading protocol for developing decentralized exchange services, has introduced a platform that aggregates liquidity from several different non-custodial digital asset trading platforms. When traders place orders using the new service, called Matcha, the software program splits the user’s trade across… Read More

Here’s Why Ethereum, Tezos, Stellar, Chainlink are Not Yet Legitimate Bitcoin (BTC) Investment Alternatives

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

Bitcoin Expert Andreas Antonopoulos Acknowledges that Ethereum based DeFi Protocols can be used to Earn Passive Income

Bitcoin and distributed systems expert Andreas Antonopoulos recently acknowledged that decentralized finance (DeFi) platforms allow users to earn passively by using their cryptocurrency holdings. Antonopoulos, who mainly supports developments related to the Bitcoin (BTC) protocol, argued that DeFi is one of the few ways to… Read More

Decentralized Finance Protocol Compound’s COMP Tokens Now Supported by Coinbase Earn

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

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