Ethereum Classic performed its scheduled upgrade to bring Ethereum’s Istanbul features to the classic chain, making the two protocols fully compatible with each other. Ethereum Classic, the twin sibling of the Ethereum network, performed its scheduled Phoenix hard fork on May 31, which included features from Ethereum’s earlier Istanbul fork. The upgrade means that the […]
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The more that government stimulus protects the economic pillars, the more it will support the liquidity inflows to Bitcoin and other cryptocurrencies. In the past three decades, the world has been witness to three extraordinary “black swan” events that served as structural crossroads for both societies and economies: the 9/11 terror attacks, the 2008 global […]
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Torus has launched its non-custodial key management solution, which is designed to bring web2.0-like user experiences to web3 applications. Crypto key management platform, Torus, has launched its non-custodial key management solution DirectAuth — enabling streamlined log-in experiences for web3 applications. DirectAuth builds on top of the Torus Wallet, which facilitates one-click logins for decentralized applications, […]
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Interaction with the Ethereum network recently hit an all-time high but the increase in gas usage may pose problems for the cryptocurrency network. According to a recent report by Delphi Digital, the total gas used on the Ethereum blockchain has reached an all time high and it seems like this the figure is set to […]
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Electric Capital partner Ken Deeter proposed the Guarded Launch of a DeFi project. Ken Deeter, a partner at crypto venture firm, Electric Capital, proposed a pragmatic approach to ensure decentralized finance, or DeFi, projects are not exploited due to bugs in the system. In an article published on May 27 through the Electric Capital blog, […]
Continue ReadingA recent Andreessen Horowitz report says crypto is in its growth stage, but critics say the industry is yet to create end-use value. The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say […]
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Decentralized finance faces a liquidity issue, but there are multiple solutions in the works that hope to tap into Bitcoin’s massive market cap. Decentralized Finance, or DeFi, has been making strides in providing tools for users to take control of their own money and truly be their own bank. However, the assets that power this […]
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German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform Celsius Network. According to defiprime.com, Bitwala is the […]
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A financial solution provider based on Bitcoin’s network unveiled a mobile-friendly light client, requiring no full node operation. IOV Labs, a startup that constructs financial solutions based on Bitcoin’s blockchain, has introduced another layer of scaling. “IOV Labs announced the launch of its Light Client for the Lumino Payments Network, a third-layer Bitcoin scaling solution,” […]
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Bitcoin Cash startup General Protocols has raised more than $1 Million for its DeFi vision. The General Protocols startup is developing its Decentralized Finance (DeFi) vision on Bitcoin Cash after raising more than $1 million in a seed funding round. This round of funding allows the Singapore-based team to develop their flagship product AnyHedge on […]
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