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“# RSK users won’t have to pay transaction fees with new integration ” Bitcoin’s smart contract-enabled sidechain RSK is introducing the concept of meta-transactions, which allows third parties to pay for a user’s transaction fees. Announced on Thursday, the “RIF Enveloping” solution enables wallet providers to pay for their users’ transactions. Paying transaction fees is…
“# Finance Redefined: What can you do about those gas fees? Jan. 20–27 ” This is a repost of Finance Redefined’s latest installment, where Cointelegraph unpacks the latest developments in DeFi. The newsletter is delivered to subscribers every Wednesday. DeFi was reasonably quiet in terms of major fundamental developments, instead letting prices do the talking….
“# Gamified yield farming with nonfungible tokens ” The concept of yield farming has gained a lot of traction over the past year or so particularly because it enables crypto owners to stake their assets in return for tangible returns within short time windows. And while the thought of earning a profit on one’s investment…
“# DeFi users shouldn’t wait idly for Eth2 to hit its stride ” Many people are anxiously observing the launch of Ethereum 2.0 because the media has touted it as a “game-changer” for the cryptocurrency industry. Yet the masses seem to forget there are viable alternatives in existence already. Is Ethereum 2.0 taking too long?…
“# Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi ” Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems. The first exchange to adopt the new API…
“# DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K ” Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that BlackRock, the world’s largest asset manager,…
“# DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher ” A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021. The recent correction in Bitcoin price does not seem to have deterred crypto investors as CoinShares data shows a record $1.3 billion in crypto…
“# Pragmatism: The true key to unlocking crypto mass adoption ” When Bitcoin (BTC) launched in 2009, it was motivated by the distrust of financial institutions and their fees and the inflationary practices by central banks during the Great Recession. Bitcoin was supposed to usher in an era of decentralization, financial inclusion and democratization. Yet…
“# Here are the best and worst times of the day to use Ethereum ” Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit equal to one billionth of…
“# Injecting Apple-like ‘quality-control’ into DeFi is what we need ” If you’re an Apple App Store user, then you’re probably aware of the recent legal drama surrounding the updates to the App Store guidelines. It’s a reasonably open secret that the App Store is designed to be at its core, more difficult for app…