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Month: March 2020

cryptocurrency March 14, 2020

The market bloodbath on 12 March not only had ripple effects across the industry, but left a lot of people questioning the crypto-industry’s fate. In fact, as a consequence of the crypto-market’s fall over 12-13th March, major platforms associated with digital assets registered terrible setbacks. Advertisements Ethereum’s DeFi platform was hit particularly hard. Source: DeFi […]

cryptocurrency March 13, 2020

Advertisements A transaction was recorded earlier today on the Ethereum blockchain with a fee of 656 ETH. The reason remains a mystery. With the market turmoil and fear sweeping the cryptocurrency market, some strange happenings have been recorded on the blockchain. Ethereum, for example, had a transaction earlier today which left many scratching their heads. […]

cryptocurrency March 13, 2020

Ethereum, like all other major cryptocurrencies, saw an intense selloff yesterday that marked one its largest single day drops in percentage terms ever. This unprecedented movement came about alongside similar declines seen by Bitcoin and other cryptocurrencies.This intense downwards movement had devastating impacts on the DeFi ecosystem, with a plethora of collateralized positions being liquidated, […]

cryptocurrency March 13, 2020

Advertisements Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounces the 20th-century world order dead. Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream.  By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a […]

cryptocurrency March 13, 2020

As the cryptocurrency market crashed, flash loans on Aave Protocol helped some DeFi traders avoid liquidations worth 2,700 ETH, according to Emilio Frangella, a software engineer at Aave. Advertisements Flash loans on the platform surged from 6,786.02 ETH on Mar. 12 to 14,860.26 ETH at the time of press. Flash Loans Surge as Markets Tank  […]

cryptocurrency March 12, 2020

Advertisements The recent crash in the cryptocurrency market followed the first big dip of the year that began at the end of February and sent many investors into the red. However, there are cases of savvy Ethereum whales who have managed to make a profit dumping their coins at opportune moments. Traditional markets, oil, and cryptocurrencies […]