New data suggests the total USD value locked in DeFi protocols is overestimated by roughly $2.83 billion. The total USD value locked in decentralized finance (DeFi) protocols recently surpassed the $6 billion mark according to onchain data resource, DeFi Pulse. Currently, the figure rests at $6.32 billion, after rising nearly six-fold since it reached the […]
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For the East and West, the paths to blockchain and cryptocurrency adoption are not the same and both have their own challenges. Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to […]
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Here is how Neutrino USD staking on Ethereum works. The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum. The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been […]
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“You don’t have to be Dr Evil to scam someone via cryptocurrency. You can be a Mini Me.” The high-profile Twitter hack which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, […]
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Vitalik Buterin says it’s likely that some Ethereum applications may fail, while others succeed — but he accepts it as integral to how the project as a whole will move forward. Ethereum co-founder Vitalik Buterin says he would “freely admit” that Ethereum 2.0 is “much harder” to implement from a technical perspective than he had […]
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Ethereum price has stalled below $440 but ETH options and futures data suggest that $500 is closer than it might seem. Open interest on Ether (ETH) futures grew by 250% over the past three months to reach $1.7 billion. This incredible build up occurred as the cryptocurrency broke the $400 resistance to reach its highest […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. Top Stories This Week Bitcoin bulls stampede toward $12,000 as Ether hits a […]
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Bitcoin price continues to meet resistance at the $12K level, will bulls break through it before the weekly close? Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occurs Despite multiple rejections at the $12K mark, BTC continues to make higher lows and traders are buying dips at […]
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Ethereum network use and transaction fees are rising to record highs, will this interfere with DeFi’s current expansion? The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six […]
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Ethereum price surged to a two-year high at $445 and record open interest on ETH futures hints that the rally will continue. Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a […]
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