Ethereum Watch

Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mechanism is less centralized and more efficient than competitor Nexus Mutual. Advertisements Ensuring Security for DeFi Investors Despite strong traction within the DeFi ecosystem, there is […]

DeFi player Dharma has just announced that its U.S. customers can deposit and withdraw money between their legacy bank account and their Dharma account. Advertisements Dharma Is Bringing Banking Back The open-source lending and savings account built on the Compound network has partnered with fiat-to-crypto bridge player Wyre. The partnership enables U.S. customers to instantly […]

Oracle platform Chainlink, the stablecoin lending platform Maker, and the EOS resource exchange REX led the growth in the DeFi segment of the cryptocurrency markets, according to TokenInsight’s latest report. Advertisements Blockchain data company TokenInsight has published its annual cryptocurrency report for 2019, with a partial focus on decentralized finance (DeFi) applications. The report delves […]

Curve Finance is improving slippage for DeFi stablecoin conversions, like DAI/USDC. If successful, the protocol would be more efficient than any other DEX. Advertisements Efficient Protocols Win The DeFi space is beginning to see improvements on many initial protocols.  DEXes like Bancor and IDEX, for example, were functional, but they had their fair share of […]

Advertisements Ethereum is more than just a cryptocurrency-asset; it is an entire digital economy and ecosystem. Recent research has found that stablecoin value transfer has now flipped ETH on its network. According to the crypto-research firm Messari, ERC-20 stablecoins on the Ethereum network have now overtaken ETH itself in terms of the adjusted transfer value. […]

Today, Aztec Protocol, a highly-anticipated privacy layer, launched its mainnet on Ethereum. The protocol obfuscates inputs and outputs using zero-knowledge proofs, and several DeFi projects have already shown interest in integrating the technology. Advertisements Programmable Money, Programmable Privacy Since announcing the project over a year ago, Aztec’s vision to bring secret transactions to public blockchains […]

Stablecoins on Ethereum had a cumulative transfer volume greater than its native ETH in 2019. This point indicates larger trends at play that could change the broader crypto landscape.  Advertisements The Advent of Stable Money in Crypto Data from Messari Research suggests ETH’s trailing 12 month transfer volume fell from approximately $430 billion to $150 […]

Maker, the Ethereum-based DeFi protocol, remains dominant in decentralized finance, but competitors such as Compound, Uniswap, and Synthetix showed strong growth in 2019. Advertisements Maker Remains the King of DeFi MakerDAO, creator of “the world’s first unbiased currency” DAI, enjoyed first mover advantage in the burgeoning DeFi market. With almost $850 million worth of collateral […]

CherrySwap v2, an automated market maker for interest rate swaps, is an early insight into how DeFi can absorb traditional finance by recreating similar mechanisms in a permissionless manner.  Advertisements Hedging Positions and Swapping Money  Bitcoin was the direct result of technologists and cryptographers experimenting in the world of finance. More than 11 years on, […]

Advertisements Long-term charts clearly show that Ethereum is still in the depths of a two-year bear market. When it recovers, prices could surge to highs not seen since 2017. Cryptocurrency markets have started to show some recovery this month following another low December. Primarily led by Bitcoin, total market capitalization reclaimed $250 billion briefly and […]