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“# DeFi leader’s mishap sees his Eth2 validator subjected to ‘continuous slashing’ ” One of the most prominent figures in the decentralized finance community has suffered validator penalties on the Ethereum 2.0 network after a mishap with his DappNode’s power button. DeFi protocol Synthetix founder, Kain Warwick, reported on Twitter that he’d discovered that his…
“# More than 100,000 ETH locked for staking via Kraken in four days ” Just four days after it launched its Eth2 staking service, customers of the popular U.S.-based cryptocurrency exchange Kraken have deposited more than 100,000 Ether, worth north of $60 million. The milestone was surpassed on Dec. 8, with the exchange estimating that…
“# Ethereum 2.0 Beacon Chain may speed up enterprise blockchain adoption ” The highly anticipated security and scalability upgrade to the Ethereum network launched as planned on Dec. 1, marking a huge milestone for the Ethereum community. On the surface, the Eth2 Beacon Chain will help ensure an increase in scalability and capacity across the…
“# Price analysis 12/7: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM ” Recent news reports suggest that U.S. lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today. This second package, if announced, will add to the existing debt pile and may send the U.S….
“# A million down, a billion to go: How does DeFi reach mass adoption? ” A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an over tenfold increase from the 91,000 addresses on Dec. 6, 2019. …
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE ” Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum…
“# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling ” 2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a…
“# Synthetic assets get real: Competition for scalability, new markets heats up ” Synthetic assets, one of the most promising use cases for decentralized finance (DeFi), is becoming an increasingly competitive landscape as two new projects aim to bring scalability and new markets to traders. On Friday, decentralized derivatives exchange Injective Protocol began a push…
“# ‘I am a wonder:’ An interview with an Axie Infinity NFT ” On November 21st, the world’s first social media-managed, personality-branded non-fungible token (NFT) revealed itself to the cryptotwitter world: Axie #265, also known as “Axia.” Axies — the cute, digital critters inspired by Pokemon — populate the rapidly growing blockchain-based game Axie Infinity….
“# Ethereum ETF to debut on the Toronto Stock Exchange ” Next week, Canadian digital asset investment manager 3iQ will be launching an IPO for the world’s first Ethereum ETF, The Ether Fund, on the Toronto Stock Exchange (TSX) under the ticker QETH.U. The maximum offering for the launch is $100 million, and the closing…