[ad_2][ad_1] This deposit agreement is the first step that will ultimately lead to the launch of Ethereum 2.0. If the launch is considered to be successful, Ethereum will ship the Beacon Chain and introduce proof-of-stake into the ecosystem, which is currently based on proof-of-work, another mining-based consensus algorithm. Shard chain …
Read More »Prominent finance DeFi Coin Pickle plunges 50% in Wake of Attack
[ad_2][ad_1] Holders of the Pickle Finance PICKLE native coin are currently suffering from a 50% withdrawal after the protocol was attacked by an unknown user. Details are not yet clear on the attack, but the loss of funds has led users to withdraw their cash and sell the cryptocurrency en …
Read More »Making DeFi transactions on Ethereum safer
[ad_2][ad_1] Decentralized finance continues to have its impact on the cryptocurrency market, and with more than $ 13 billion worth of total assets frozen, DeFi projects are clearly resonating with eager crypto investors. Yet as the DeFi space has progressed over the past year, a number of illegitimate projects have …
Read More »Because this Ethereum DeFi coin has increased by 400% in two days
[ad_2][ad_1] All eyes may be on Bitcoin right now, but in the decentralized finance (DeFi) space, investors have been caught off guard by a rally in a currency called Saffron Finance (SFI), also known as Spice. At first glance, it may not be clear why the coin is rising: Saffron …
Read More »Market Wrap: Bitcoin hangs around $ 18K as Ether stuck in DeFi declines
[ad_2][ad_1] Bitcoin has stabilized at around $ 18,000 after record volumes on Wednesday, while Ethereum 2.0 may prompt some investors to move ether away from decentralized finance (DeFi). Bitcoin (BTC) traded around $ 18,026 at 21:00 UTC (16:00 ET). 2.1% gain compared to the previous 24 hours. Bitcoin 24 Hour …
Read More »Ethereum Classic Labs Launches Wrapped ETC (wETC); Opening the decentralized finance (DeFi) market
[ad_2][ad_1] Ethereum Classic has announced the launch of ETC (wETC) wrapped to act as a gateway to the Ethereum blockchain, which is today a major playing field for decentralized finance (DeFi) applications. The announcement, which came on Wednesday, means ETC users will have seamless access to the DeFi ecosystem without …
Read More »Blockchain Bites: FATF considers DeFi, Binance Sues and One Step to a BTC ETF
[ad_2][ad_1] A Deutsche Bank analyst said customers are increasingly preferring bitcoin over gold as a hedge of choice. A market surveillance tool could meet SEC standards to allow a bitcoin ETF. The FATF believes that existing financial precautions may not be suitable for the growing world of DeFi. Upper shelf …
Read More »DeFi will arrive in Qtum on Friday
[ad_2][ad_1] Long-time smart contract platform Qtum will host a new decentralized exchange on Friday after QiSwap, an independent liquidity protocol, completed its testnet phase. Qtum indicated in a recent press release that the integration of QiSwap has moved the platform “one step closer to realizing its decentralized finance ambitions”. The …
Read More »DeFi exploits cannot be blocked on flash loans, industry leaders say
[ad_2][ad_1] Nine months ago, in a Denver convention center, a booth was empty. Littered with symbolic stickers, the table was supposed to contain the physical representatives of the decentralized finance (DeFi) bZx protocol. However, it remained empty, as the team struggled to make sense of the digital forces that distort …
Read More »Liquid Data Leak, Zcash Halving, Ethereum Classic enters DeFi + More news
[ad_2][ad_1] Source: Adobe / Stanislav Get your daily summary of cryptoasset and blockchain related news, investigating the stories flying under the crypto news radar today. Trade news The hackers appear to have carried out a major raid in an attack on the Liquid cryptocurrency exchange. In a notice on the …
Read More »