Tagged: ethereum

April 30, 2020 @ 2:29 pm By Omar Faridi  |  

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

April 29, 2020 @ 5:43 pm By Omar Faridi  |  

Derek Edward Schloss, director of Strategy at the Security Token Academy, an organization focused on supporting the ongoing growth and development of tokenized digital assets, recently published a blog post highlighting several notable security token industry updates. He notes in a new report that Securitize,… Read More

April 29, 2020 @ 2:18 pm By Omar Faridi  |  

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

April 29, 2020 @ 11:48 am By Omar Faridi  |  

MakerDAO (MKR), a leading Ethereum (ETH)-based lending protocol, has released a new report that tries to put the events of “Black Thursday” (when the Bitcoin and larger crypto market crashed over 50% between March 12-13, 2020) into context. MakerDAO’s report notes that there are certain… Read More

April 22, 2020 @ 10:33 pm By Omar Faridi  |  

Gnosis, a decentralized prediction market solution that spun out from Ethereum (ETH) development studio ConsenSys back in 2017, has launched a separate decentralized prediction market specifically for the Coronavirus (COVID-19) pandemic. Gnosis confirmed that it has provided $50,000 to help fund a non-profit Corona Information… Read More

April 22, 2020 @ 8:17 am By Omar Faridi  |  

The combined market capitalization of Ethereum (ETH)-powered stablecoins (digital assets pegged to major fiat currencies or other real-world assets) has surged by over 95% year-to-date. The total market cap of all ETH-based stablecoins stands at around $6.25 billion. Research conducted by The Block reveals that… Read More

April 21, 2020 @ 9:44 am By Omar Faridi  |  

We recently caught up with Pankaj Balani, CEO at Delta Exchange, an established digital assets derivatives trading platform. Delta offers cryptocurrency futures and derivatives trading across Bitcoin and major altcoins with up to 100x leverage. The company aims to support the ongoing growth and development… Read More

April 18, 2020 @ 4:16 pm By Omar Faridi  |  

Leading digital currency exchange Binance is planning to launch an Ethereum (ETH) network compatible blockchain. The new distributed ledger technology (DLT) platform will use the exchange’s native BNB native token as a base currency. Referred to as “Binance Smart Chain” (BSC), the new DLT-enabled network… Read More

April 17, 2020 @ 6:43 pm By Omar Faridi  |  

The developers of Compound, a leading Ethereum-based decentralized finance (DeFi) solution, will be decentralizing the governance process of the lending protocol. This will be achieved by launching a token-based governance model. The Compound team had announced plans to use a governance token back in February… Read More

April 16, 2020 @ 10:42 pm By Omar Faridi  |  

Cryptocurrencies and their underlying blockchain technology are often criticized for not having enough practical use cases. There are still relatively few merchants or retailers who will accept virtual currencies as payment, because of the challenges associated with off-ramping into fiat currencies, which are more practical… Read More

April 16, 2020 @ 8:37 pm By Omar Faridi  |  

dForce, a Chinese decentralized finance (DeFi) solution provider, has secured $1.5 million in capital. The DeFi platform’s latest round was led by Multicoin Capital. Huobi Capital and China Merchants Bank International (CMBI), the investment division of one of the largest financial institutions in China, also… Read More

April 15, 2020 @ 6:58 pm By Omar Faridi  |  

A class-action lawsuit has been filed against the Maker Foundation, which supports the ongoing development of MakerDAO, a leading decentralized Ethereum (ETH)-powered lending facility. The suit alleges that the foundation intentionally misrepresented the risks potential investors in the decentralized finance (DeFi) ecosystem could face. The… Read More

April 14, 2020 @ 10:19 pm By Omar Faridi  |  

The Blockchain Research Institute, which is managed by China’s Center for Information and Industry Development (CCID), has published its (17th) latest Global Public Chain Technology Evaluation Index. The distributed ledger technology (DLT)-focused index ranks 37 of the most prominent or widely-used public blockchain networks. It… Read More

April 14, 2020 @ 1:18 pm By Omar Faridi  |  

Brooklyn, New York-based ConsenSys, a leading Ethereum (ETH) development studio, has published a new report which covers major decentralized finance (DeFi) protocols and their performance during the first quarter of 2020. The report notes that two key events defined decentralized finance during the first three… Read More

April 13, 2020 @ 10:49 am By Omar Faridi  |  

Ledger, a leading cryptocurrency hardware wallet provider, recently revealed that it’s now allowing its customers to make payments for products through Hong Kong-based Crypto.com’s online wallet app. As noted in an announcement published on April 9, 2020, Ledger will be accepting payments made using Bitcoin… Read More

April 13, 2020 @ 1:37 am By Omar Faridi  |  

Digital bank Revolut allows its 7 million customers to purchase cryptocurrencies. This, as reserve banks across the globe have announced huge stimulus packages to support their struggling economies, following the deadly Coronavirus (COVID-19) outbreak. This support from Revolut, which is notably one of Europe’s most… Read More

April 11, 2020 @ 10:32 am By Omar Faridi  |  

During the past few years, blockchain or distributed ledger technology (DLT) has been adopted by a large number of companies from several major industries. There are currently hundreds of different DLT platforms being operated across the globe. Most of these blockchain-enabled networks are unable to… Read More

April 10, 2020 @ 12:50 pm By Omar Faridi  |  

Digital asset investors are reportedly paying a significant 515% premium in order to purchase Ether (ETH) via the Grayscale Ethereum Trust. It currently costs $90.55 to acquire a share in Grayscale Investments’ Ethereum Trust (ETHE). This, despite its Ethereum (ETH) holdings per share being valued… Read More

April 7, 2020 @ 8:00 pm By JD Alois  |  

Propine Seeks to Power the Future of Digital Assets Singapore has long been a leader in Fintech. Innovative financial services have benefited from a supportive regulatory regime and an entrepreneurial population. Singapore is also a highly business-friendly, low tax jurisdiction and has emerged as a… Read More

April 7, 2020 @ 2:59 pm By Omar Faridi  |  

New York-based ConsenSys, a leading Ethereum (ETH) development studio, and Gitcoin, a fundraising platform, are supporting a digital hackathon event that aims to find solutions for the deadly Coronavirus (COVID-19) outbreak. As noted in a blog post published by ConsenSys, the hackathon event aims to… Read More