As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy. Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto tradingRead More…
27Sep/20
26Sep/20
The One-Way ETH ‘Burn’ That Will Kick-Start Ethereum 2.0
With final preparations for the launch of Ethereum 2.0 soon to be underway, CoinDesk’s Christine Kim spoke with developers Raul Jordan and Eduardo Antuña Díez about what’s left to do and whatRead More…
25Sep/20
Chainlink up 30% following six-week downtrend and developer selloff
Following a six week downtrend from its all-time high, LINK has rebounded 30% in the past 24 hours after a reported developer selloff resulted in downward pressure on the oracle protocol token’sRead More…
24Sep/20
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
Israeli bitcoiners take note: a handful of Knesset members are seeking to ease Israel’s hefty taxation of cryptocurrencies. Four Knesset members from the nationalist Yisrael Beiteinu party on Tuesday introduced a draftRead More…
23Sep/20
Yam plans protocol overhaul despite first successful V3 rebase
Yam, the decentralized finance (DeFi) sector’s original food-themed clone protocol, has successfully completed its first rebase since its V3 relaunch. Yam’s relaunch on September 18 followed the spectacular failure of Yam V2Read More…
23Sep/20
Origin Debuts OUSD, a Stablecoin That Works Like a Savings Account
Peer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or account required. “One thingRead More…
21Sep/20
Profit taking Bitcoin miners won’t stop the next bull run: On-chain analyst
Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market. Eventually, the dominant cryptocurrency fell steeply fromRead More…
20Sep/20
Meet in the Middle: Crypto Companies and Banks Are Evolving Together
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the applicationRead More…
19Sep/20
Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range. Cryptocurrency daily market performance snapshot. Source: Coin360 Some analysts would say the digital asset has lost momentum butRead More…
18Sep/20
New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets
Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin (BTC) and other non-Ethereum assets. The product, called Harvest and built on the Kava blockchain, allows usersRead More…