Browsing Category
Ethereum
Bitcoin Miner Daily Revenue Slumps to 5-Month Low Amid Rising Wrapped BTC and HODLing Frenzy
It is a well-known fact now, that the Bitcoin blockchain is considerably processing fewer transactions than it’s ‘Ethereum’ counterpart. And this decline in transaction processing has significantly reduced the revenue of…
Read More...
Read More...
Ethereum 2.0 could be two months away or less
October 19, 2020 By Sam Grant
Based on updates from the developers involved in the project, Ethereum 2.0 could be six to eight weeks away from completion
It has been a week since the second testnet (Zinken) was successfully deployed…
Read More...
Read More...
First Mover: ‘Blue Wave’ in US Senate Could Mean Flood of Stimulus for Bitcoin
Oct 19, 2020 at 12:53 UTCUpdated Oct 19, 2020 at 13:38 UTC
Wall Street analysts say a Democratic takeover of the U.S. Senate in a “blue wave” could mean looser fiscal policy. (Katsushika Hokusai/Metropolitan Museum…
Read More...
Read More...
Report: DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020
Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had…
Read More...
Read More...
Almost 1 million ETH would’ve been burnt had EIP-1559 been implemented
October 16, 2020 By Sam Grant
According to a blockchain data firm Dune Analytic, implementation of EIP-1559 proposal would have resulted in almost 1 million ETH burning
The contentious Ethereum Improvement Proposal would have burnt…
Read More...
Read More...
First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi Rises
Oct 16, 2020 at 13:04 UTCUpdated Oct 16, 2020 at 13:46 UTC
The OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained. (Creative Commons, modified by CoinDesk)…
Read More...
Read More...
Almost 1M Ether would have been burnt in past year if fee proposal approved
The long awaited EIP-1559 would have seen almost 1 million ETH burnt in the last 365 days if it had been implemented, but miners are yet to get on board.
The controversial Ethereum Improvement Proposal (EIP) 1559 would have burnt 970,000…
Read More...
Read More...
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
Survey data show centralized exchanges are not worried about DeFi trading volumes, so why are they building their own DEXs?
A recent survey by cryptocurrency data aggregator, CryptoCompare, shows that centralized exchange operators do not…
Read More...
Read More...
Yearn Finance’s founder says he ‘doesn’t build for speculators’
Andre Cronje’s “I test in prod” statement is not as bad as it seems.
The founder of Yearn Finance, Andre Cronje, has seen a fair share of criticism lately as he deployed some smart contracts that ended up losing users’…
Read More...
Read More...
BTC and ETH make up for only 44% of TVL in DeFi
October 15, 2020 By Sam Grant
The frenzy around DeFi might be waning but make no mistake, DeFi is still going strong.
Around $4 billion worth of Bitcoin and Ethereum has been injected into DeFi protocols over the last five months.…
Read More...
Read More...