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Day: July 15, 2020

cryptocurrency July 15, 2020

Key Takeaways Abra was conducting synthetic swaps, drawing the attention of U.S regulators DeFi protocols need to decentralized their governance mechanisms Only two DeFi protocols with more than $100 million of locked liquidity have mitigated major regulatory risks Share this article After the SEC and CFTC’s orders against California based Abra, the next target could […]

cryptocurrency July 15, 2020

Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. Advertisements The continuation pattern estimates that a spike in demand for Ether that […]

cryptocurrency July 15, 2020

Advertisements A company founded by Jacques Voorhees, father of ShapeShift CEO Erik Voorhees, is offering NFTs representing diamonds on the OpenSea marketplace. Non fungible tokens (NFT) representing diamonds have made their way to the OpenSea marketplace.  In the past, there have been quite a few attempts to tokenize diamonds and other precious stones and metals. […]

cryptocurrency July 15, 2020

Advertisements Matic Network may be closer to a scalability solution for the Ethereum blockchain after a test run showed it could handle 7,200 TPS. Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per second (TPS). In a July […]

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