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cryptocurrency April 24, 2020

Notice how it’s 2020 and Bitcoin‘s Lightning Network is not fully operational yet? Lightning Labs CEO Elizabeth Stark had announced the initial release of lnd 0.4-beta for developers way back in 2018.  Advertisements ETH 2.0‘s delayed launch is now making people wonder if there’s a strong risk that ETH 2.0 might also face the same […]

cryptocurrency April 24, 2020

BitMEX announced on Friday, the launch of a new product “ETHUSD Quanto Futures”. As the name suggests, the product will be a futures contract with a 50X leverage and will launch on May 05, 2020, a week before the scheduled Bitcoin halving. Advertisements Borrowing the definition from Investment and Finance, quanto futures in a stock […]

cryptocurrency April 23, 2020

A bankless world seems exciting. There’s no central authority keeping track of transactions, there’s no identity leak, and everything is under individual control. However, as many still see Bitcoin as being in its experimental phase, a completely bankless world feels like a distant dream. Advertisements Ryan Sean Adams, the host of the Bankless podcast, recently […]

cryptocurrency April 23, 2020

Advertisements Two mining pools on Ethereum are continuing to dominate the competition and now make up over half of the entire hashrate for the network. Hashrate is often used as an indicator to judge the strength of a network. However, it is also important to look at how distributed this hashrate is. In the case […]

cryptocurrency April 22, 2020

The largest altcoin, Ethereum, soared by 4.38% over the last 24-hours which pulled the coin to a valuation of $179.89, at press time. Despite the bullish revival, ETH bulls have lacked the necessary strength to attempt a crucial breach to the upside. Advertisements Ethereum [ETH] Daily Chart: Source: ETH/USD on TradingView Advertisements Ascending channel formation […]

cryptocurrency April 22, 2020

After a cruel Black Thursday, Ethereum is finally enjoying a period of sustained performance in the cryptocurrency charts. Over the past week, Ethereum’s valuation had improved steadily as the 2nd largest asset continued on its path of recovery. Advertisements Source: coinstats Advertisements ETH/USD on Trading View From the chart above, it can be observed that […]

cryptocurrency April 22, 2020

Ethreum spot price was slashed by 7.53% due to a market-wide correction on 21 April. Due to intense selling pressure, ETH’s valuation fell from $180 to $167. Advertisements According to the insight provided by Santiment, the fall called attention to a great spike formed in ETH’s Token Age Consumed. The metric, Token Age Consume, indicates […]

cryptocurrency April 21, 2020

Advertisements The attacker responsible for the $25 million theft from DeFi protocol, dForce, has returned all of the funds. There has been no explanation for the change of heart, but it is suspected that a lack of thoroughness in covering up his tracks led the attacker to return the funds, in order to avoid further […]

cryptocurrency April 21, 2020

Advertisements The decentralized finance and lending protocol Lendf.me suffered an attack recently. In an interesting turn of events, some of the funds were actually returned with a message for the project. The DeFi community is scrambling to make sense of yet another theft. Some $25M was allegedly drained from a contract by Lendf.me, a decentralized […]