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Year: 2020

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 […]

cryptocurrency July 8, 2020

Advertisements Ethereum has made up the basis of demand for the recent DeFi boom, and the network is feeling the pressure. Things could be very different for the platform in six-to-twelve months, depending on how its planned protocol changes play out. The DeFi boom has seen total value locked across various platforms and protocols double […]

cryptocurrency July 7, 2020

Advertisements Kyber Network recently put KyberDAO and a protocol upgrade into play. Kyber Network just put a protocol upgrade into operation on its mainnet in tandem with its decentralized autonomous organization, or DAO.   Kyber fired up its Katalyst Protocol Upgrade as well as its decentralized finance, or DeFi, solution — KyberDAO, the Kyber Network said in a […]

cryptocurrency July 7, 2020

Key Takeaways Around $5 billion was transferred through finance dApps in Q2 2020 Over $10 billion worth of value was transacted across the Ethereum network DeFi dominated the growth in dApp usage for the quarter The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Advertisements Share this article Led by […]

cryptocurrency July 7, 2020

Key Takeaways bZx is launching a governance token, BZRX, which will dictate protocol governance and act as a value-earning instrument. BZRX will have four layers of compensation: two portions of fees, BAL rewards, and a claim on bZx insurance fund assets. The plan to rescue traders and lenders stuck in the iETH pool isn’t necessarily […]