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“# Clever Aave to Matic bridge keeps track of yields ” The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The bridge was developed and launched by Nick Mudge, Lead Solidity Developer of…
“# 11 indicators that suggest Ether’s new ATH is just the beginning ” With Ethereum inching its way into new all-time highs over the past 24 hours, a number of onlookers believe Ether could quickly surge through the $1,400 price range. Ethereum’s robust fundamentals are strengthening the conviction that Ether might sail past resistance in…
“# Bible quotation found in Bitcoin block number 666,666 ” A hidden Biblical message has been found embedded in a transaction in block number 666,666 of the Bitcoin (BTC) blockchain. The message is a quotation from the sixth book in the New Testament, the Epistle to the Romans. First spotted by @[email protected], it reads: “Do…
“# Flipped: Ethereum now processes 28% more transactions than Bitcoin ” The daily volume of transactions on the Ethereum (ETH) network is now 28% greater than on Bitcoin (BTC), according to crypto analytics firm Messari. On Jan. 19, Messari’s Ryan Watkins tweeted that Ethereum’s daily transaction volume “is going parabolic” alongside a chart indicating that…
“# Digital ruble could be still vulnerable to fraud, Russian banks warn ” Russia’s central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud, according to several local financial institutions. The Association of Russian Banks, or ARB, has released its official feedback on Russia’s digital ruble project on Jan….
“# Ethereum layer-two network to offer batched Tether payments ” Popular stablecoin Tether (USDT) is the first token to go live on the Hermez layer-two network, the company announced on Monday. As part of the collaboration, batched USDT transactions will be possible once the Hermez network officially launches in early 2021. David Schwartz, project lead at…
“# Ether fees are at it again ” Fees on the Ethereum network have reached an average of $10.20 per transaction as of Sunday, according to data from YCharts. The network’s fees went higher on only two occasions in 2020, briefly averaging $12.54 in early September. They again rose to $11.69 near the middle of…
“# DeFi boom drives 1200% increase in DApp volume in 2020: Report ” DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s an astonishing 1178% increase from last year’s total of $21 billion. The blockchain data provider revealed the…
“# Same price, different Bitcoin: How fundamentals changed from 2017 ” As Bitcoin (BTC) keeps hitting new all-time highs past $20,000, its network fundamentals paint a different picture compared to the previous 2017 bull run. Three years ago, on this very day, Bitcoin reached its first major all-time high of $20,000, recording up to 2,000%…
“# How do you use a block explorer? ” A blockchain, in its essence, provides a digital record of transactions. At present, this most often pertains to transaction records for cryptocurrencies like Bitcoin (BTC). The database of records, called blocks, is often touted for its transparency and immutability. But what do these features really mean?…