News

A previous Compound proposal for COMP yield farming caused a mess in the DeFi market, pushing users to yield farm only in the markets with the highest interest rates. This has caused Compound to soak up over 80 percent of BAT’s liquid supply, reducing the amount borrowed from other protocols such as UADT, WBTC, and […]

Bitcoin was predicated on being a decentralized technology. And this is true: there are nodes, developers, users, exchanges, and firms all around the world using and influencing the protocol. However, Ethereum co-founder Charles Hoskinson says that his newer project, Cardano may soon eclipse some aspects of Bitcoin’s decentralization by 100 times. Cardano can eclipse Bitcoin […]

According to the latest paper from Strix Leviathan, Bitcoin’s popular stock-to-flow model is fatally flawed and nothing more than a marketing piece. The quantitative investment management company published a paper detailing several major errors in PlanB’s original analysis, calling it a “chameleon model.” Bitcoin’s stock-to-flow model stands on a shaky empirical foundation Despite its popularity […]

Ethereum’s market landscape has been shifting significantly in recent times. The popularity of trading altcoins like ETH with leverage has grown significantly since 2017, as the liquidity on trading platforms like Bitfinex has made this a popular method for traders to profit from the crypto’s volatility. The Ethereum options market is the latest segment of the […]

The number of Bitcoin whales has been rocketing higher since the start of 2019, pointing to an intense accumulation phase amongst these large investors who hold massive amounts of crypto. The growth of this number seems to indicate that investors with access to large sums of capital do believe that the cryptocurrency’s long-term outlook is […]

The past few weeks have seen so-called “yield farming” gain popularity throughout the Ethereum ecosystem. Yield farming, in short, is the act of maximizing the yield one makes via decentralized finance (DeFi) applications. So far, yield farming has arguably been a good thing for the Ethereum blockchain. Blockchain analytics firm Santiment reported on Jun. 29 […]

It’s been a difficult 48 hours for DeFi project Balancer. Riding on the DeFi yield farming hyper, Balancer saw an influx of pool funds locked in its protocol, which in turn, attracted the bane of any technology project — the attention of hackers and loophole opportunists. Attackers stole over $500,000 in wrapped Ether, Chainlink, and […]

Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features. NFTs and Chainlink On June 29, the firm said Polyient Games, a venture fund and development lab dedicated solely to non-fungible token-based blockchain games, will use Chainlink’s blockchain […]

First, they ignore you, then, they fight you, then you win. The adage cannot hold truer when it comes to the cryptocurrency markets. This year alone, banks like JP Morgan, Goldman Sachs, and even the  People’s Bank of China — all anti-crypto at some point — have expressed their interest in offering cryptocurrency services to […]

According to the latest report from IntoTheBlock, two of the best-performing assets this quarter are SwissBorg (CHSB) and Bancor (BNT). The Swiss cyber bank saw its token rise 395 percent since Apr. 1, while the smart token liquidity provider increased just over 500 percent in the last three months. Both are in the top 100 […]