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Month: July 2020

cryptocurrency July 10, 2020

Advertisements The decentralized finance industry is moving so fast that every week a new way of earning emerges. This week, it has been Aave’s turn to shine, and credit delegation could become the new rage in DeFi. DeFi markets are holding on to all of the collateral that has been loaded into them over the […]

cryptocurrency July 10, 2020

Advertisements Just after 100,000 in USDC were blacklisted by Centre, Tether blacklists 46 million Tether in Ethereum addresses. Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 holding a total of over 5.5 million USDT being blacklisted this year. This revelation comes on the back of Centre’s first blacklisting of […]

cryptocurrency July 9, 2020

Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Advertisements Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a […]

cryptocurrency July 9, 2020

Advertisements Stablecoin issuer Centre has confirmed they froze an Ethereum address holding $100,000 USDC at the request from law enforcement. Centre, the company that issues the stablecoin USD Coin (USDC) has blacklisted an Ethereum address holding $100,000 in USDC in response to a law enforcement request. In the first of its kind, the address had […]

cryptocurrency July 8, 2020

Advertisements Quick take: In Q2 2020, the Ethereum network witnessed a significant increment in ETH addresses. DeFi is fuelling a surge in activity on the Ethereum network.  Interest in Decentralised Finance has led to an increment in the number of active ETH addresses.  In the second quarter of 2020, the Ethereum network witnessed a significant […]

cryptocurrency July 8, 2020

Advertisements The rights to a performance art piece have been tokenized on the Ethereum blockchain. HOW ARE WE, a performance art collaboration consisting of 15 short works filmed in COVID-19 quarantine, has been hashed and minted into a non-fungible token on the Ethereum blockchain. Additionally, a mechanism has been put in place to reward the […]

cryptocurrency July 8, 2020

Ethereum has had a solid year so far, backed by an apparent increase in user activity and demand for ETH. Five crucial metrics portray the optimistic medium-term outlook on the dominant smart contracts blockchain network. Advertisements The five metrics are an increase in Truffle Suite downloads, Ethereum DApps, daily transactions, decentralized finance (DeFi), and blockchain […]

cryptocurrency July 8, 2020

Advertisements Quick take: Hodlers of over 1.23 Million Ethereum Classic addresses bought ETC at or near the all-time-high in January 2018 of $47. This translates to roughly 69% of Ethereum Classic holders. Ethereum is currently valued at $6.40 and the drop in returns could be a contributing factor to the negative sentiment surrounding ETC. According […]

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