DeFi giants YFI, AAVE, and COMP plummet by over 10% within 20 hours as the market pulls back on Bitcoin and Ether uncertainty. Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% […]
Continue Reading
Online advertising is going crypto with Ethereum. A new crypto plugin will allow WordPress publishers to receive ad earnings directly into their Ether (ETH) wallets, according to a Dec. 10 plugin description posted on the WordPress’ official website. Called “EthereumAds,” the plugin will enable content publishers to auction advertisement space for ETH using smart contracts. […]
Continue Reading
Glassnode’s Rafael Shultze-Kraft has shared several on-chain metrics that he believes suggest Bitcoin will comfortably charge into six-figure price-thresholds in future. The CTO of crypto market data aggregator Glassnode, Rafael Schultze-Kraft, has described a slew of Bitcoin market indicators as “insanely bullish” and predicted prices are set to increase by more than 10 times. On […]
Continue Reading
Metamask is seeking to grow the $14 billion DeFi ecosystem by attracting institutional investors with a new wallet that could “run a professional DeFi trading desk.” Ethereum wallet MetaMask is seeking to attract institutional investors into the decentralized finance sector with the soon-to-be-launched institutional-grade version. The popular wallet, with more than 1 million monthly active […]
Continue Reading
Digital asset investment managers 3iQ introduced ETH market exposure to Canada’s stock traders and investors on Thursday. The world’s first Ethereum-based fund to be listed on a major stock exchange opened for trading on Thursday, but not without some hiccups. Listed on the Toronto Stock Exchange, The Ether Fund (TSX:QETH.U) opened for trading at $10.80 […]
Continue Reading
The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether […]
Continue Reading
The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder. David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired. According to an announcement from the Iota Foundation, the […]
Continue Reading
A BlockShow panel shares insights on the future of crypto adoption from the perspective of Millennials. Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore. That was the […]
Continue Reading
Improving fundamentals and a major merger with Yearn.finance may help SushiSwap reassert itself as one of the dominant DeFi platforms. The price of SUSHI, the native token of SushiSwap decentralized exchange, has rallied 38% in the past 10 days. At its monthly peak, the governance token had achieved a 75% price increase but the recent […]
Continue Reading
Now live, Theta’s network upgrade includes an updated block explorer capable of working with smart contract data. Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Theta’s mainnet now hosts smart contract capabilities, as of a block height of 8,411,427, Theta Labs said in a blog post […]
Continue Reading