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$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...
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
5.9.2020
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
4.9.2020
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...
Safety Second: Top DeFi Projects By Highest Audit Scores
4.9.2020
The anonymous DefiSafety team looked into popular decentralized finance (DeFi) projects and their codes, scoring each platform, and finding that six have overall scores above 80%, with Synthetix Exchange leading the list. SushiSwap, on the other hand, got a score of less than 20%.
As said,...
Why Fusion’s DCRM is The Best Option for DeFi Users
3.9.2020
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every...
How can DeFi projects avoid getting cloned and dying?
2.9.2020
Was the Uniswap fork that created SushiSwap a good thing for the DeFi sector?
A New Attempt to Tokenize Real Estate Projects in Mexico and Canada
31.8.2020
Digital transfer agent Vertalo has partnered with real estate platform MountX to tokenize more than 15 digital real estate projects in Mexico and Canada
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...
UK exchange Archax teams up with Algorand on DeFi projects
28.8.2020
The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance
A Bit on CI/CD
27.8.2020
I’d say “website” fits better than “mobile app” but I like this framing from Max Lynch:
Every production mobile app ultimately has a set of recurring tasks around integration, testing, deployment, and long term maintenance. These tasks often must be automated across...
What Binance’s choice of integration protocol tells us about DeFi projects
26.8.2020
How do Compound and Kava differ from other popular DeFi projects, and why did Binance select them as its first DeFi integration protocols?
DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital
26.8.2020
Despite DeFi’s meteoric growth, only half a dozen projects represent more than 90% of the capital locked in the sector
Two DeFi projects with $1.2B in TLV have major governance issues
24.8.2020
One project's founder controls 71% of its voting power
Flood of Yield Farming Projects Likely Coming to Cryptoverse - Report
19.8.2020
Ethereum (ETH) decentralized finance (DeFi) protocols, such as the troubled Yam Finance yield farming project, are expected to rise in popularity in the coming months, with industry observers saying that the extremely high yields they offer encourage the rapid development of communities that...
Algorand’s Newest Upgrade Turns the Project’s Eyes Towards DeFi
19.8.2020
Will features like private key “rekeying” make Algorand a DeFi leader?
Top 5 DeFi Projects to Watch in 2020
17.8.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
If you have been following blockchain, you have probably already heard of the recent emerging industry called DeFi (decentralized finance). Perhaps unsurprisingly, this market has experienced substantial growth...
LG CNS Blockchain-powered Sales Up 12%, More Projects Planned for H2
17.8.2020
Industry 4.0 and blockchain technology-related sales have helped boost the sales performance of LG CNS, the IT services arm of the LG Group – despite an overall drop in profits caused in part by the coronavirus pandemic.
Per media outlet Seoul Kyungjae, LG CNS reported a drop in sales of over...
Top Three Reasons Why Enterprise Blockchain Projects Fail
16.8.2020
Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success?
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
The ICO Collapse Taught Projects How to Avoid Reprisals, MEW Founder Says
4.8.2020
The collapse of the initial coin offerings provided invaluable lessons on how to avoid a similar fate, MEW’s Kosala Hemachandra says