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These Are the Crypto Economy’s 5 Most Expensive Assets per Unit
18.7.2021
On July 18, the most valuable cryptocurrency in terms of dollars per unit, is bitcoin which is currently trading for $31,693. Besides all the wrapped bitcoins and synthetic bitcoin pegs, the second-highest valued crypto-asset per unit is yearn finance and maker follows behind. Removing the market...
XCarnival Secures $2 Million Seed Investment
10.6.2021
Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic...
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
Synthetic FAANG stocks are trading in DeFi — but do gas fees make them uncompetitive?
23.4.2021
Sky high gas prices may make synths more costly than the real thing
Beyond Finance Listing On Ascendex
21.4.2021
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Beyond Finance Token (BYN) under the pair USDT/BYN on April 20 at 1:00 p.m. UTC. Beyond Finance is a synthetic asset trading...
Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
7.4.2021
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out...
Worn Out: The Fashion Industry's Big Oil Problem
9.3.2021
I really like buying clothes. I spend countless hours in the middle of the night scrolling my favorite brands’ Instagram feeds, and though I try to stick to buying secondhand, I also definitely set myself alarms to remember sample sales. Embarrassing, I know.Read more
Synthetix announces $12 million raise led by Paradigm, Coinbase Ventures, and IOSG
14.2.2021
As the community debates VCs participating in DAOs, Synthetix welcomes three new community members
Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live
22.1.2021
A $20 million synthetic rebasing Bitcoin token launch has gone live — but will it even work?
Synthetic dreams: Wrapped crypto assets gain traction amid surging market
17.1.2021
Synthetic crypto assets offer vast potential to shake up the crypto and traditional financial markets, but what’s behind the current growth?
‘Wen $DIGG?’ Badger DAO preps for hotly anticipated synthetic BTC launch
10.1.2021
Badger DAO founder Chris Spadafora on bringing a long-awaited product to market and building for the future
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
21.12.2020
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has...
Synthetic assets get real: competition for scalability, new markets heats up
6.12.2020
Two new synthetic asset and derivatives platforms look to take a slice of Synthetix’s pie
Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL
3.12.2020
The creators of the stablecoin platform Terra are launching Mirror Protocol, a way to mint crypto assets that mimic U.S. stocks
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...
Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol
24.8.2020
The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on...
Onchain Data Shows $449M Worth of Bitcoin on ETH Eclipses Offchain Competitors
17.8.2020
Onchain analytics show the number of bitcoin (BTC) held on the Ethereum blockchain has been multiplying at an extremely fast rate since the end of May. On Sunday, August 16 there’s approximately 38,021 BTC on Ethereum or roughly $449 million stored in synthetic bitcoin protocols like Wbtc...
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
13.7.2020
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors
Some Performance Links
3.7.2020
Just had a couple of good performance links burning a hole in my pocket, so blogging them like a good little blogger.
Web Performance Recipes With Puppeteer
Puppeteer is an Node library for spinning up a copy of Chrome “headlessly” (i.e. no UI) and controlling it. People use it...