News

Those that were around in 2017 and 2018 likely remember the name Filecoin. Launched in late 2017, the protocol was branded as a payment system that would use blockchain technology to store and retrieve data. As esoteric as it may sound, the concept gained much traction in the crypto-asset space. It garnered so much traction, […]

The rise of decentralized finance (DeFi) has been buoyed on trends like non-custodian lending, automated market making, and yield farming, which together, have opened newer possibilities for users to spend and use their cryptocurrency holdings, while even earning attractive interest rates. However, the market remains relatively opaque. The lack of order books, counterparty risk, smart […]

The Ethereum network has been placed under immense strain in recent months, with the ongoing DeFi trend driving massive demand to the network as traders begin utilizing decentralized exchanges and providing liquidity to various protocols. Although network demand has been sliding lower as the mania surrounding DeFi subsides, gas prices are still significantly higher than […]

The second-ever Cardano fund is in full effect, with three of the dozens of projects now competing for a part of the 2 million ADA fund presented on the Cardano Effect podcast. We take a look at the proposals, which range from e-commerce payment solutions to educational hubs, and how they plan on using the […]

There are many segments of the crypto industry that do not respect the decentralized finance (DeFi) ecosystem of Ethereum. Referencing popular “money games” like Yam, Ampleforth, and others, these critics argue that these are just systems set up to allow insiders to slowly leech capital from retail buyers. Others say that this space is just […]

One of the most prominent innovators in DeFi, Yearn.finance (YFI) founder Andre Cronje shocked the crypto industry once again on Tuesday when he rolled out his latest experiment. Unfortunately, users did not heed the warning that this was an experiment, subsequently siphoning over $6 million worth of capital into the contracts. Many were hoping to […]

A new report jointly-published by eToro and The TIE explored the cryptocurrency landscape for Q3 2020, finding out long-term sentiment metrics for popular cryptocurrencies and how mergers and acquisitions proved to be the best indicator for future price rises. The TIE, the report’s data source, is a provider of alternative data for digital assets such […]

Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies. According to a report from BlockMedia, the plan will focus on solving various public welfare problems the province faces and expected to create 44,000 jobs in the next five years. Major Korean […]

At least thus far, the ongoing crypto-asset bull run has been almost solely focused on decentralized finance (DeFi). Coins pertaining to this esoteric space have seen exponential rallies since the start of 2020. Coins like Aave’s LEND, for instance, has gained in excess of 4,000 percent since this year started. Despite this exponential growth in […]

Along with offering a branch providing Bitcoin custody and trade execution for its clients that own trillions of dollars, Fidelity Investments has involved itself in the crypto-asset space by providing the industry with regular reports and surveys. These reports and surveys cover what role Bitcoin has on Wall Street, which has historically shied away from […]