Etherum

The smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such as Uniswap, Aave, Compound, and
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A newly launched chat platform harnesses the Ethereum blockchain to ensure privacy between users, Decrypt reported July 8. Privacy-First Features Called DChat, the application comes from the minds behind Unstoppable Domains; a crypto-first platform that allows users to build censorship-resistant websites while paying in digital tokens. DChat is a peer-to-peer messaging application that cuts out
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A 2018-founder crypto firm just got the green light from the U.S. SEC to function as an Ethereum-issuing investment fund on Monday, in a first such structure. Own a Hedge Fund’s Tokens Based in Los Angeles, Arca is an asset management firm that creates and manages institutional-grade products using crypto and blockchain technology, as its
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Ethereum (ETH) wallet application MetaMask unveils its new Version 8 wallet service with enhanced privacy and security features as well as added web 3.0 functionality. Improved Privacy and Security on Latest MetaMask MetaMask has announced the features of its updated Ethereum wallet dubbed “Version 8 or V8.” The crypto wallet service revealed the news via
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The rise of Decentralized Finance (DeFi) applications is not going unnoticed among crypto veterans. However, not everyone is impressed. Vitalik Buterin, the co-founder of Ethereum, recently tweeted on the topic of how “yield farming” was taking precedence over technology. The Rise of DeFi Anything involving money and quick returns is tricky business, be it traditional
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Signature Bank (SBNY: NASDAQ), a New York-based full-service commercial bank, announced that the private beta launch of Signet, its Ethereum-powered distributed ledger technology (DLT) payments solution enabled it to increase its transaction volume by 15 percent, reports Forbes on June 24, 2020. Seamless Payments with Blockchain Technology In a bid to overcome some of the
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The UNICEF Cryptocurrency Fund recently announced its largest-ever investment — to the tune of 125 Ether (ETH) – to help eight promising technology startups from seven countries expand their work to mitigate the hardships brought about by the COVID-19 pandemic on children and youth. UNICEF Invests Ether to Fight COVID-19 According to a recent announcement
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Reddit, a leading social media platform has on June 18, 2020, announced its collaboration with the Ethereum Foundation. The new alliance aims to solve the scalability bottlenecks of Ethereum as it concerns Reddit’s crypto-powered community incentivization program dubbed Community Points. Reddit is inviting developers to send in their scaling proposals and the best solution will
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A new layer-2 application running on Ethereum promises to bring scalability to the network, even touting “VISA level” transactional volume once deployed.  Addressing Ethereum Scalability Developed by Matter Labs, zkSync launched its beta product on the Ethereum mainnet on June 18, as announced via an official blog. The layer-2 application is a trustless, highly-secure, and
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Ubisoft, the international game publisher and development studio, announced Thursday the launch of “Rabbids” Token on Ethereum. The latter is meant to work in the popular Rabbids franchise to ultimately benefit the humanitarian efforts of UNICEF. Rabbids Coming to Ethereum Short for the United Nations International Children’s Educational Fund, UNICEF is a global body with
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Codefi, the decentralized finance (DeFi) infrastructure from the stables of Joseph Lubin’s ConsenSys is organizing an Ethereum 2.0 staking pilot. The staking pilot is aimed at lowering the barriers to participation in staking networks and six leading crypto projects, including Binance exchange, Huobi Wallet, Crypto.com DARMA, and others will be part of the initiative, according
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Three abnormal Ethereum transactions last week stirred up massive debate in the broader crypto community. Valued at over $5.3 million in just fees for the transfer of a few ETH collectively, many suggested an exchange had been hacked. However, one firm believes the contrary.  China’s PeakShield Says Exchange Hacked PeakShield, a Chinese blockchain analytics company,
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That Bitcoin “halving”–a pre-programmed on-chain event, affects prices is unfalsifiable. However, the Stock-to-Flow price (S2F) prediction model centered on this event draws more questions than answers because of its inconsistencies. This is the assessment of Vitalik Buterin, the co-founder of Ethereum, who on June 14, 2020, posted his view on Twitter. What is the Stock-to-Flow
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ConsenSys, a firm that claims to be focused on solving real-world problems with the Ethereum blockchain, has announced the launch of Codefi Compliance, a compliance solution it says is aimed at making it easier for Ethereum-based DeFi projects to function in line with anti-money laundering (AML) guidelines, carry out seamless know-your-customer (KYC) processes and more,
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Ethereum, the world’s second-largest cryptocurrency by market cap, has shown strength in both fundamental and technical factors this year. The protocol has been increasingly adopted by enterprises as a blockchain tool and by investors for its long-term growth potential.  ETH Fundamentals are Strong The cryptocurrency continues to follow Bitcoin’s market performance, much like other altcoins,
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The North American Collegiate League (NACL), one of the biggest in the U.S. for outdoor, indoor, and e-sports has teamed up with Ethereum-incubator ConsenSys Labs to bring crypto-rewards for tournament winners.  Bringing Crypto to E-sports Announced June 1, the partnership sees tournaments tracking and data reported via the Ethereum blockchain. Overall, the joint project wishes
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