The fight for dApps on the App Store continues. Coinbase and Apple are still not getting along months after Coinbase warned customers it might remove an application from the Apple Store. Coinbase CEO Brian Armstrong tweeted on August 22 that Apple continues to block some functionalities for cryptocurrencies, including being able to earn money and […]
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Audited or not, DeFi DApps present risks Andre Cronje, the creator of Yearn.Finance, has recently made security audits of his project publicly available. He explained to Cointelegraph that he had been previously withholding these audits, which were completed months ago, so as to not give users a false sense of security: I always refused to publish the […]
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With crypto trading products appearing ahead of the legacy financial curve, it’s only a matter of time before they enter the mainstream. In 2017, many traders and investors flocked to cryptocurrencies because they were attracted by the kind of returns not available in the less-volatile traditional markets. However, volatility inevitably comes with risks as well […]
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Developers could soon build dapps to run on multiple blockchains without compromise thanks to new cross-chain protocols. Cross-chain or blockchain interoperability research could finally be reaping results, with multiple projects launching interoperability protocols this week. Ontology (ONT), Neo (NEO) and Switcheo have collaborated to launch the “heterogeneous interoperability protocol alliance” Poly Network, while the NEAR […]
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Will features like private key “rekeying” make Algorand a DeFi leader? The latest upgrade to the Algorand network shows that the project is eyeing the burgeoning DeFi space. In a Cointelegraph interview, Algorand’s head of product Paul Riegle emphasized the three key features of this upgrade: the addition of stateful smart contract functionality to the […]
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Samsung and Gemini’s joint efforts may help to overcome some of the roadblocks facing the global adoption of cryptocurrencies. In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only […]
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Is Buterin trying to put a lid on the potato-related excesses of yield farming? Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance. In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins […]
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Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure? The decentralized finance sector continues to gain unprecedented popularity as the total value of assets locked in DeFi products doubled to over $4 billion in July and is now approaching the $5 billion […]
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Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect. On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed […]
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Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020. The explosive increase in Ethereum’s hashrate appears […]
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