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Month: July 2020

cryptocurrency July 31, 2020

Key Takeaways Transaction and gas costs on Ethereum have surged in 2020 While the increase in Gas costs coincided with the DeFi craze, data shows that the sector is not the primary reason behind Ethereum’s clogged network The Ethereum-based Ponzi scheme Forsage drives transaction fees up because of its expensive registration procedure Share this article […]

cryptocurrency July 31, 2020

How far has the Ethereum blockchain come in the five years since its inception? We explore key developments, changes and challenges. It would seem that five years is a relatively short time for an information technology company, but Ethereum has made colossal progress during this time, growing from its own initial coin offering project to […]

cryptocurrency July 31, 2020

Key Takeaways yEarn was technically born in January 2020 as iEarn, until rebranding and launching new features last month. The platform automates much of the complexity behind yield farming and is controlled by holders of its native governance token, YFI. Andre Cronje has developed a cult-like following due to his software prowess, speed, and creativity […]

cryptocurrency July 31, 2020

Bitcoin is eyeing a breakout towards $12,000, according to crypto-chart analyst Josh Rager. The analogy appears out of Ethereum’s latest upside move from a consolidation range. Mr. Rager sees Bitcoin repeating the same bullish action as it trades inside a similar sideways pattern. Bitcoin is at the cusp of hitting $12,000 in the coming sessions, […]

cryptocurrency July 31, 2020

Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators. Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators. In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates consumers and merchants. Uber aggregates […]

cryptocurrency July 30, 2020

As Ethereum reaches its five year birthday, on-chain metrics have never been stronger. The recent price rally is also good news for those that have been buying ETH over the past year or so. Ethereum prices are at their highest level for over a year, but looking at the longer-term picture shows that ETH could […]

cryptocurrency July 30, 2020

In brief: The initial release of Ethereum was 5 years ago on July 30th. To date, Ethereum is the most popular smart contract platform. DeFi and ETH2.0 occupy center stage on Ethereum’s fifth anniversary. The popular smart contract platform of Ethereum (ETH) turns five years old today. It has been exactly five years since the […]

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