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Year: 2020

cryptocurrency September 6, 2020

Advertisements Quick take: The founder of Sushi Swap, Chef Nomi, sold all his SUSHI in what many believe was an exit strategy Chef Nomi has been compared to Charlie Lee of Litecoin (LTC) Despite the heavy backlash, Chef Nomi has maintained he did it for the community He has since transferred admin rights of SushiSwap […]

cryptocurrency September 5, 2020

Ethereum has severely underperformed Bitcoin over recent days as bears have returned to the crypto market. The leading cryptocurrency has collapsed by 17% in the past 24 hours alone, falling below pivotal support levels. Advertisements ETH trades at $325 as of this article’s writing, far below the local highs around $490. $325, in fact, is […]

cryptocurrency September 5, 2020

Key Takeaways Curve’s liquidity providers don’t actively participate in the governance process, which leaves decision-making in the hands of a few powerful stakeholders. While the latest reward boosting initiative improved the situation, it doesn’t solve the fundamental governance problem. Non-financial incentives are important for building long-lasting decentralized communities. Share this article Several yield farming schemes […]

cryptocurrency September 5, 2020

Advertisements In summary: Ethereum’s price had shown signs of weakness as daily active addresses and network growth had started fading Furthermore, exchange wallets exploded to a 6-month high signifying a possible top for ETH Additionally, Ethereum’s correlation with Bitcoin has started to increase once again Ethereum is once again below the crucial $365 support level. […]

cryptocurrency September 4, 2020

Ethereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens. As investors poured liquidity into these tokens, sending and locking up so much ETH sent prices of the crypto asset soaring. But it also at the same time sent gas prices spiking even higher. Advertisements As investors […]

cryptocurrency September 4, 2020

The hottest thing to emerge for Ethereum holders this week has been Yearn Finance’s yETH high-yield farming pool. It has survived its first tribulation as ETH prices dumped 14% on the day. Advertisements This week, Yearn Finance’s DeFi platform, which recently launched insurance incentives, unveiled two new high yielding vaults for Ethereum holders. One is […]

cryptocurrency September 4, 2020

With the flurry of activity in the decentralized finance (DeFi) space, the number of Ethereum (ETH) contract calls continues to increase. Advertisements As numerous DeFi projects emerge weekly, dry-runs and tests on smart contracts are increasing as developers work out bugs. The Ethereum blockchain itself is also experiencing significant congestion leading to a massive hike […]

cryptocurrency September 3, 2020

Ethereum has been a stand out star in the crypto market in 2020. Even with the recent over 15% collapse, the top-ranked altcoin is up over 200% year to date and 350% from the Black Thursday bottom. Advertisements Since then, though, Ethereum has taken on a completely new life, it seems, driven by DeFi and […]

cryptocurrency September 3, 2020

Advertisements Will there be a flipplining in transaction volume? The gap between Ether & Bitcoin’s on-chain transactions has reached an all-time low. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ether is poised for gains. The amount of Ethereum transacted on the blockchain daily has grown from an average of […]