Quick take: Majority of the popular DeFi applications are being built on Ethereum. The popularity of DeFi has resulted in Ethereum reestablishing itself as the number one DApp platform. 4.3 Million ETH is now locked in DeFi platforms, up 800k since mid-July. The DeFi boom of 2020 has had a positive impact on the Ethereum […]
Last year, the San Francisco startup Compound offered investors a simpler way to earn as much as 10 percent yields. All they had to do was put move their capital on its app’s Ethereum-based lending platform.‘Compound‘ is not a financial institution. Instead, it is among many new ventures that are building a new wave of […]
The Blockstack file-sharing dapp Envelop, which works a little like WeTransfer but with encrypted storage via the blockchain platform, just launched a browser extension for Chrome, Firefox and Opera. Now desktop Blockstack users can simply upload files to the extension and drop them in emails or direct messages even if the file is normally too […]
Samsung quietly released access to what they’re calling Samsung Blockchain that “helps developers to manage blockchain accounts easily.” Simple enough. Sadly, the rest of the description is a bit more opaque. “In addition, DApp does not need to make separate types of transaction that follows coin types by themselves anymore,” wrote Samsung. “The SDK offers […]
Augur, a decentralized platform for creating predictions markets, just hit a major milestone. “The first markets have successfully resolved,” the project tweeted Wednesday. Payments of ether worth around $20,000 are now going out to the first brave crop of users, who used the betting platform without knowing for sure whether it would work as advertised. The […]
The Edgeless team is extremely excited to announce a successfully received casino license. That’s a huge step for the entire gambling and blockchain community, because it’s the first time blockchain base casino is officially approved by legal authorities. This license gives tons of advantages for a casino operator such as: Access to the gambling market […]
Ethereum soars above $600 after a group of big banks announce a new project on its blockchain Ether, the second largest cryptocurrency by market capitalization, soared past $600 a token Tuesday. Ether was trading up 20% at $616 at 10:35 a.m. ET, according to data from Markets Insider. The record comes a day after a […]
CryptoKitties, the Ethereum-based digital kitten collectibles game, has processed more than $12 million in sales on its decentralized marketplace. Essentially, CryptoKitties is a Tamagotchi-like game developed as a decentralized application (dapp) launched on top of the Ethereum protocol. Each digital kitten represents a unique crypto asset and the ownership of it cannot be altered, as […]
Moscow’s government has launched an Ethereum-based blockchain on which it will hold votes through its Active Citizen program. The Ethereum Voting System works with participants establishing themselves as nodes in this network using a Parity client. On December 4, the government of Moscow issued a press release announcing a pilot project that would start migrating […]
In the past one week, Ethereum prices have touched all-time highs, with daily volumes averaging between $1.5 billion to $2.0 billion. Part of this unprecedented investor interest in the cryptocurrency may be emanating from Ethereum’s first-of-its-kind, real-world use case that is garnering mass popularity. “CryptoKitties” is now Ethereum’s biggest decentralized application, having just taken the crypto-world […]
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