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Year: 2020

cryptocurrency March 6, 2020

Advertisements The top 100 holders of Ethereum have been buying more and more. The ongoing accumulation is a positive indicator that expectations are high. When it comes to cryptocurrencies, it is often useful to look at the movements of top wallets. You can often learn a lot from how many holders a project has—and whether […]

cryptocurrency March 6, 2020

Advertisements The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance. The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to […]

cryptocurrency March 5, 2020

Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help to secure, develop, and utilize the “Ren Virtual Machine.”  Advertisements It aims to boost the interoperable utility of the RenVM project and help to inject […]

cryptocurrency March 5, 2020

Ever since Ethereum was launched in 2015, it has been adopted widely by the crypto-space. However, while it arguably has been in the shadow of Bitcoin for a long time, given the Ethereum 2.0 update, the switch from Proof of Work [PoW] to Proof of Stake [PoS], and the ProgPow update, a lot has been […]

cryptocurrency March 5, 2020

Ethereum has been considerably bullish since the start of March as the world’s 2nd largest crypto-asset appeared to marginally break away from its bearish rally. Ethereum was valued at $232, at press time, while its market cap remained just above $25 billion. ETH’s 24-hour trading volume was $17.39 billion, according to CoinMarketCap. Advertisements Source: Coinstats […]

cryptocurrency March 5, 2020

After updating and migrating the DAI stablecoin from its previous form to its latest iteration, Multi Collateral DAI, Maker has conducted the first major token upgrade, proving that token migrations don’t have to be cumbersome.  Advertisements From SAI to DAI The introduction of Multi Collateral DAI (MCD) sparked life to a new concept of protocol […]

cryptocurrency March 5, 2020

Advertisements Microsoft, ConsySys and EY have launched Baseline, an open-source smart contract and tokenization protocol for enterprises on the Ethereum Mainnet. Global taxation and transaction advisory firm EY have announced the launch of their open-source Baseline protocol.  Baseline comprises a smart contract and tokenization platform built for enterprises on top of the Ethereum blockchain. Baseline […]

cryptocurrency March 4, 2020

Advertisements Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. In addition to the fact that several countries are releasing their own Central Bank Digital Currencies (CBDCs), banks are also considering simply implementing […]