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Blockchain News

cryptocurrency October 8, 2022

Advertisements The DeFi economist at Consensys, David Shuttleworth, is bullish on Ethereum  In an interview with Kitco, Shuttleworth noted how Ethereum processes far more transactions than Visa. In his latest interview with Kitco, the leading DeFi economist at ConsenSys, David Shuttleworth, has praised Ethereum. Shuttleworth noted how post-merge Ethereum has levelled up dramatically and can […]

cryptocurrency September 27, 2022

Advertisements Ethereum’s recent shift to PoS can attract additional industries to explore its staking domain  Professionals are anticipating a big surge in institutional capital now that different institutions and industries are exploring the domain.  Ethereum’s successful transition from proof of work to proof of stake changes the way institutional investors can now earn yields from […]

cryptocurrency September 15, 2022

Advertisements Ethereum makes a successful transition from its earlier proof of work to proof of stake consensus  Ethereum is now a legitimate proof of stake consensus blockchain.  Ethereum’s highly anticipated network upgrade dubbed the “Merge” has finally been launched on the Ethereum mainnet. The upgrade is set to cut Ethereum’s energy consumption by half, making […]

cryptocurrency June 1, 2022

Advertisements Ethereum layer 2 solution Optimism has finally launched its OP token The token was airdropped to 2,49,000 registered Ethereum wallets.  Optimism, which is a layer two scaling solution of Ethereum, has finally airdropped its widely anticipated OP governance token to its registered users.  The details concerning the token airdrop event were first unveiled in […]

cryptocurrency March 16, 2022

Advertisements As the Ethereum blockchain edges closer to its proof-of-stake transition, the network has merged with the Beacon chain on the Kiln testnet. The news marks the final step before the blockchain deploys the upgrade and moves away from leveraging a proof-of-work consensus mechanism. Ethereum blockchain engineer Tim Beiko revealed that the network deployed a […]

cryptocurrency August 17, 2020

Crypto collateral on the Curve Finance DeFi platform has spiked to almost a billion dollars propelling it up the total value locked list to third place. The influx of capital came after a rather perplexing deployment of its governance token and DAO on Thursday. Advertisements Last week it was Yam—but now it’s Curve Finance’s taking […]

cryptocurrency August 16, 2020

Decentralized finance projects keep gathering momentum. Many are attributing the current bull market to the boom in popularity of these protocols. From high-interest earnings to yield farming, we may be witnessing how DeFi takes over crypto. Advertisements Just two weeks ago, total value locked (TVL) on all DeFi protocols combined reached $4 billion. Today, that […]

cryptocurrency August 14, 2020

1inch exchange’s Chi Gastoken (CHI) promises token swaps with lower fees. The value of the token rocketed this past month, but does it do what it was designed for? Advertisements Anyone who has been chasing tokens on Uniswap or moving ETH has noticed the sky-high transaction fees. Someone even allegedly paid $400 in gas to […]

cryptocurrency August 10, 2020

It’s been almost a week since the launch of the ETH 2.0 final public testnet, which has been performing as intended by most accounts. As many as one million ETH have been staked on the Beacon Chain simulation, reviving hopes of a mainnet launch later this year. Advertisements The Medalla ETH 2.0 testnet has been […]