As Ethereum prepares to shift to a PoS blockchain, interest in staking crypto is growing. Here is a list of the biggest blockchain staking platforms. The debate over which consensus algorithm is right for blockchain is long overdue. While proof-of-work remains popular with Bitcoin (BTC), interest in proof-of-stake protocols has been picking up speed, especially […]
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Maker continues to garner criticism due to its onboarding of centralized collateral. The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events. With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for […]
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Bitcoin price is struggling to crack $10,000 while other cryptocurrencies are attempting to catch up during the weekend lull. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, hit the psychological barrier of $10,000 but immediately rejected. Meanwhile, the sentiment is shifting from fear towards greed as the Crypto Fear & Greed Index […]
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Crypto analysts AlfaBlock claim that the MakerDAO protocol will need to host several trillion Dai by 2040 to maintain its current market capitalization. Crypto analysts AlfaBlok has published a report that claims the number of circulating Dai will need to increase by more than 70% each year in order for MakerDAO (MKR) to maintain its […]
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While Brave boasts over 13 million monthly users, few of them appear to be utilizing the cryptocurrency aspect of the platform. While enjoying a wide user base, cryptocurrency-enabled web browser Brave’s users do not seem to be taking advantage of its token features. During a May 5 Twitter live stream, the CEO of major crypto […]
Continue ReadingMakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol. MakerDao governance, a decentralized community of MKR token holders that govern the Maker Protocol, has voted to pull Bitcoin onto the Ethereum blockchain by accepting Wrapped Bitcoin as a new collateral asset in the Maker Protocol, according […]
Continue ReadingThe Incognito privacy project is an interoperable chain that will let you privately use DeFi platforms without ever touching Ethereum itself. Incognito is a new privacy and interoperability project that seeks to anonymize the tokens of every other blockchain. As part of that goal, it is launching private versions of leading Ethereum (ETH) decentralized finance […]
Continue ReadingFXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO […]
Continue ReadingAn ICO digital ads startup is going through hard times as its two co-founders confess to having created a clone of their own company that sold the same products. The co-founders of Bidooh, a British digital advertising firm, admitted to stealing intellectual property from their own company with the intention of selling it to third-parties. […]
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Crypto-banking solution Dharma has implemented a function to send U.S. dollar payments to any Twitter handle, regardless of geographic location. Blockchain banking solution Dharma has implemented a new feature called Social Payments, allowing users to send U.S. dollars to any Twitter handle. An April 21 tweet announcing the move explained that payments can be made […]
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