The emergence of cryptocurrencies such as Bitcoin and Ethereum made it obvious how much traditional markets lack transparency and are stacked against the “little guy,” Jesse Powell, CEO of crypto exchange Kraken, told Yahoo! Finance in an interview published on Friday. “Ethereum gives you access to a whole world of decentralized smart contracts, decentralized exchanges,…
Even the ever-noisy crypto space has been overrun with comments about the Gamestop (GME) saga playing out in traditional finance. For those that don’t know, a quick recap: Gamestop, the video game retailer, was short over 140 percent of the stock’s float by large hedge funds expecting the stock to go down. Retail investors on…
Mark Cuban, billionaire investor and owner of the NBA’s Dallas Mavericks, has inadvertently “doxxed” his Ethereum (ETH) wallet today, revealing a cornucopia of mostly DeFi ERC-20 tokens that he holds. I definitely got my share of shitcoins lol. — Mark Cuban (@mcuban) January 28, 2021 “I definitely got my share of shitcoins lol,” Cuban replied…
I’m not too sure about you guys but one of the most fascinating things I’ve seen in DeFi is airdrops. In 2017, airdrops were all the rage. But often the case, all users did was dump them, and most of the time, they weren’t worth all too much. But this has changed with the introduction…
One of the only state-recognized blockchain networks in China will now officially work with a major Ethereum development lab. Ethereum for the Chinese public Ethereum venture fund and development lab ConsenSys announced Monday it would officially work with China’s Blockchain Service Network (BSN), as per a release. The partnership would see further development of the…
Ethereum just rocketed to a new all-time high despite the apathy in the Bitcoin price, which fell toward $30,000 on Sunday morning. The price of ETH is up 15 percent in the past 24 hours, making it one of the top-performing crypto assets in the top 100 by market capitalization, according to CryptoSlate market data….
Both Bitcoin and Ethereum have entered periods of consolidation over the past two weeks despite attempts by both to break above and below their respective medium-term price ranges. Ethereum may continue its consolidation for the time being, as there has been one large holder that has appeared with a large amount of ETH to sell….
With its record-breaking bull run, Bitcoin stole the public spotlight from the equally explosive DeFi. To be sure, Bitcoin represents a simpler affair compared to DeFi’s cyberbanking, but it too has just started to grow out of its birthing pains. 2020 had many peculiarities. Mostly, they were negative, but some were positive. For cryptocurrency enthusiasts,…
The crypto sub-sector saw a reasonable boom last year. And it’s only increasing. Ethereum and the rise of NFTs The non-fungible token (NFT) market grew by leaps and bounds in the past year, seeing a brief growth in mid-2020 and a sudden rise in September. And now, there are over 630,000 such wallets that have…
A new proposal has been announced for a cross-chain development on Cosmos, a high-speed, interoperable blockchain. Connecting Cosmos and Ethereum Althea Network, a decentralized mesh Internet network for rural communities, announced its “Gravity Bridge” product in a blog post this week. The product aims to connect the Ethereum and Cosmos blockchains to each other (technically…