Posted in Cryptocurrency

Uniswap Dominates DeFi Scene, Cross $2.09 Billion In Total Asset Value Locked (TVL)

After a slow start, decentralized finance (DeFi) picked up throughout 2020, with over $11 billion in digital assets locked on…

Continue Reading... Uniswap Dominates DeFi Scene, Cross $2.09 Billion In Total Asset Value Locked (TVL)
Posted in Cryptocurrency

ConsenSys to Lead Phase Two of Hong Kong and Thailand’s Cross-Border CBDC Project

ConsenSys has been awarded the contract to lead phase two of the cross-border payments ‘CBDC’ project between Hong Kong and…

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Posted in Cryptocurrency

Over 2 Million Test Ethereum Staked On ETH 2.0 Medalla Testnet; Q4 2020 Launch In Sight?

Over 2 million staked in Ethereum 2.0 Medalla testnet. Over 63,000 active validators are testing the new update. Spadina Testnet…

Continue Reading... Over 2 Million Test Ethereum Staked On ETH 2.0 Medalla Testnet; Q4 2020 Launch In Sight?
Posted in Cryptocurrency

Crypto Funds Reporting ‘Impressive’ Performance This Year

Bitcoin had a good start in 2020, starting the year at around $7,200. During the market-wide crash in March, the…

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Posted in Cryptocurrency

Binance Launches Decentralized Stablecoin Via; Forked From Compound & MakerDAO

On September. 28, Binance announced the launch of Venus Protocol, an algorithmic money market platform that allows borrowing of over-collateralized…

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Posted in Cryptocurrency

‘Large-Scale’ Crypto Exit Scams Detected in Estonia’s E-Residency Program

Estonia had granted foreigners remote access to its digital infrastructure through its e-residency program, which is now linked to cryptocurrency…

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Posted in Cryptocurrency

Grayscale Bought 17,100 BTC Last Week, Now Holds 2.4% of Bitcoin’s Supply

As the bitcoin price continues to remain under $13,000 for over a year now and around $10,000 for more than…

Continue Reading... Grayscale Bought 17,100 BTC Last Week, Now Holds 2.4% of Bitcoin’s Supply
Posted in Cryptocurrency

EY Debuts First ERP Solution on Ethereum and Enhances On-Chain Analytics Explorer

Consulting giant Ernest & Young (EY) has launched an enterprise procurement solution based on the Ethereum public blockchain. This initiative…

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Posted in Cryptocurrency

YFI Founder Andre Cronje ‘Still Building’ the DeFi Project that Got Hacked for $16 Million

Amidst the craze and shift toward non-fungible tokens (NFT), DeFi sweetheart yEarn’s founder Andre Cronje’s latest project saw rug pulled…

Continue Reading... YFI Founder Andre Cronje ‘Still Building’ the DeFi Project that Got Hacked for $16 Million
Posted in Cryptocurrency

New Zealand Tax Authority Tells Crypto Firms to Disclose Traders Info & Transaction History

New Zealand’s tax authorities dialing down on cryptocurrency users and transactions in the country. In a statement obtained by the…

Continue Reading... New Zealand Tax Authority Tells Crypto Firms to Disclose Traders Info & Transaction History