It is thought because of the enforcement of Compound governance proposal #11, yield farmers will depart the riskiest markets of basic attention token (BAT) and Ox (ZRX) and shift their actions into safer assets. The purpose of this proposal is to distribute Compound to liquidity providers and borrowers on Compound, a decentralized lending application developed …
PlusToken, which was a Chinese cryptocurrency Ponzi scheme which posed as a cryptocurrency wallet and is one of the largest scams in the cryptocurrency world, attempted to move 789,500 (ETH) through a trick, but the stroll of these stolen funds were temporarily held up by congestion issues within the Ethereum Network. They tried to disguise …
PlusToken’s transfer of ETH leads to Ethereum Price sell-off Read More »
There are two companies working with the State-backed Blockchain Service Network (BSN) of China and among those companies one is SmartContract and another is Iris Foundation Ltd., which will help BSN in allowing different systems to work in conjunction with each other. On the other hand SmartContract Company will play its role through sourcing of …
Chainlink suits China’s Grand Blockchain Initiative Read More »
Vitalik Buterin, the creator of Ethereum, felt an obsession with price saying a high token price provides a project crucial staying power as said in a launch interview in 2018. He thinks that a high token price can roil the waters around cryptocurrency and creates the wrong incentives. Coders who have been in place from …
Whether Cardano’s Fate is heading into choppy waters? Read More »
The unexpected sell-off of bitcoin has come with due nervous to the watchers who are willing to see a move of Bitcoin and cryptocurrency. The Bitcoin price had been trading sideways since April and a small cryptocurrency positioned itself in the top 30 most valuable tokens soaring 230% over the last month. As per Coinbase, …
Bitcoin has always the priority over many other assets and the price of Bitcoin is up around 30% so far this year even after amid the deadly coronavirus pandemic. But the noticeable thing is that there is a minor cryptocurrency namely Tezos, a proof-of-work based coin, has risen by 85% since the beginning of the …
DigiByte is a considered to be a cryptocurrency but it is still out of popularity. People are not that familiar with this one but DigiByte’s fans argue that it is the latest one of crypto-technology hosting a network faster than other major currencies. The project reportedly has a dedicated community and nearly 10,000 nodes across …
Currently USD and US Treasury yields are going through a hard time and people are losing their faith in reserving these two as reserve which is working as a challenge to Stablecoins. Stablecoins relying on interest rates and yields are presently at bay. The present situation can lead stablecoin issuers adopt two ways either to …
Stablecoins is on Recession: Reality & Expectations Read More »
Developers and investors in the Telegram blockchain project have established a nonprofit for community governance. Reportedly, the first action of the TON Community Foundation was to defend Telegram in the case, filing a friend of the court brief Friday. In the brief it is claimed that the TON Blockchain is fully operational and could be …
Reunion of Developers to the TON project Development Read More »
