Veil, an Ethereum-based predictions platform using the Augur marketplace, has shut down. The Ethereum-based predictions platform Veil is shutting down, according to an official Medium post on July 11. As of July 11, no new markets will be added to the platform. Trading will be disabled entirely on July 24. Veil co-founder Paul Fletcher-Hill recommended […]
Continue Reading
Experts and Lawmakers call for caution over potential risks of Facebook’s Libra cryptocurrency to the global financial industry. Facebook’s unveiling of its Libra cryptocurrency has generated a lot of attention in the financial world, as well as in the crypto space. So far, the company has announced that its Libra blockchain network will be launched […]
Continue Reading
South American social networking giant Taringa! is launching a stablecoin-powered points system for its 27 million users. Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base. According to an official Taringa! news release published on July 7, […]
Continue Reading
Huobi Group partnered with Chinese blockchain startup Nervos to enable firms to deploy their own blockchains. Huobi Group is jointly developing a new public blockchain for decentralized financial (DeFi) services, according to a press release on July 1. Major global digital asset financial service provider Huobi has partnered with Chinese blockchain startup Nervos enabling companies […]
Continue Reading
Oxfam issued tap-and-pay cards loaded with $50 worth of DAI to 200 Vanuatu citizens to use via Sempo’s payment platform, following six weeks of direct consultation with villagers. Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of […]
Continue Reading
Chaos at the headquarters of MakerDAO: Why have some key members left the company, while others hired a lawyer? In the crypto industry, there are many examples of how a conflict of interest has led to a company split. Perhaps, the largest ones are the forks of bitcoin (BTC), bitcoin cash (BCH) and the Ethereum […]
Continue Reading
Coinbase has added a new unit for Ethereum-based stablecoin dai on Coinbase Earn, the first stablecoin to be included in its educational program. Major crypto platform Coinbase has added a course on MakerDao’s stablecoin dai in its educational portal Coinbase Earn, according to an official blog post by Coinbase on June 10. According to the […]
Continue Reading
Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6. Number of DApps per blockchain, courtesy of Binance Research According to the report, DeFi can be thought of as the following: […]
Continue Reading
EOS coin holders voted on whether to reduce the inflation from 5% to 1% per year. EOS holders voted to reduce the annual inflation rate from 5% to 1% as of June 1, according to data on the voting platform maintained by EOS Block Producer (BP) EOS Authority. According to the poll’s description, out of […]
Continue Reading
Public smart contract-enabled blockchain tezos is about to undergo its first hard fork today. After three months, a governance vote of public smart contract-enabled blockchain tezos (XTZ) started on Feb. 28 has been concluded — as scheduled — three months later, on May 28. Cryptocurrency news outlet Coindesk reported yesterday that the voting process has […]
Continue Reading