[ad_2][ad_1] Key Takeaway The total number of DeFi users currently stands at 1,001,461, according to data from Dune Analytics. The site analyzed the use of Ethereum-based DeFi protocols such as Uniswap, Compound, Aave and MakerDao. The site records the number of unique Ethereum addresses to estimate the number of users. …
Read More »GoodDollar touts strong usage figures and demand for blockchain-based UBI
[ad_2][ad_1] Meet GoodDollar. The project, led by eToro CEO Yoni Assia, aims to deliver digital universal basic income (UBI) at scale. Built on the Ethereum mainnet and Fuse.io, GoodDollar enables those who sign up to receive a small daily income in G $ coins. The company issued an update on …
Read More »Ether 2.0 upgrade to cut costs, reduce electricity usage
[ad_2][ad_1] At a time when bitcoin has reached the maximum of a little less life ₹20,000, the second largest cryptocurrency in the world, ethereum or ether, is set to undergo a major transition that will help it overcome some of the challenges faced by even its greatest peer. On Tuesday, …
Read More »South Africa unveils new crypto rules as usage grows exponentially
[ad_2][ad_1] The South African financial regulator has released a draft declaration of cryptocurrencies as financial products. The regulator says South Africa has experienced “an exponential increase in the supply and use of cryptographic resources.” Crypto regulation of South Africa South Africa’s Financial Sector Conduct Authority (FSCA) announced on Friday that …
Read More »VeChain Records 23% Weekly Growth As Chinese Officials Talk About Post-Epidemic Usage of Cointelegraph
[ad_2][ad_1] VeChain records 23% weekly growth as Chinese officials talk about post-epidemic usage VeChain’s price (VETERINARY) extended its rally on Wednesday, building a solid week of earnings following discussions with Chinese government officials focused on a post-epidemic health response. VeChain rose 2% on Wednesday to hit $ 0.011669, according to …
Read More »VeChain records 23% weekly growth as Chinese officials talk about post-epidemic usage
[ad_2][ad_1] The VeChain (VET) price extended its rally Wednesday, building a solid week of gains following discussions with Chinese government officials focused on a post-epidemic health response. VeChain rose 2% on Wednesday to hit $ 0.011669, according to CoinMarketCap. Over the past seven days, supply chain management cryptocurrency has increased …
Read More »LTC ready to shoot above $ 60 while network usage is skyrocketing
[ad_2][ad_1] LTC / USD has stabilized above a significant technical barrier. The metrics on the chain imply that the price is positioned for further growth. Litecoin (LTC) is the eighth largest digital asset with a current market capitalization of $ 3.8 billion and an average daily trading volume of $ …
Read More »Altcoins accounts for a third of the total cryptocurrency mining energy usage
[ad_2][ad_1] Researchers at the Technical University of Munich are encouraging regulators to look beyond Bitcoin when it comes to considering the environmental impact of cryptocurrency mining. According to an August 4 issue of the scientific journal Joule, researchers Ulrich Gallersdörfer, Lena Klaaßen and Christian Stoll determined that Bitcoin (BTC) mining …
Read More »Bitcoin vs. Litecoin Prediction: Can LTC exceed BTC in 2019? – Details on speed, costs, usage cases, dark web and more
[ad_2][ad_1] The entries in the cryptospace argue that since Litecoin is a fork of Bitcoin, the two tokens have various similarities and this could also be true only to a certain extent. Both coins have the same code base, they use work trials and are deflationary. But there are also …
Read More »Bitcoin for payments is a distant dream as usage dries up
[ad_2][ad_1] LONDON (Reuters) – The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital currency begins to satisfy one of the basic characteristics of any payment currency: stability. FILE PHOTO: The representation of the virtual currency Bitcoin standing on the PC motherboard is …
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