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Category: ERC20s
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Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation
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Cardano’s Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement
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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action. On September 25, 2020, the crypto community found out that the Kucoin exchange […]
The post Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered appeared first on Bitcoin News.
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Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means to swap ERC20 tokens in a noncustodial manner. For quite some time now Venezuela […]
The post Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech appeared first on Bitcoin News.
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Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes this past weekend. News.Bitcoin.com recently reported on the decentralized finance (defi) economy’s total value locked […]
The post Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume appeared first on Bitcoin News.
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Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project […]
The post Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain appeared first on Bitcoin News.
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Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as […]
The post Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems appeared first on Bitcoin News.
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Bitcoin Cash Community Begins Crafting Q&A Stack Exchange Site to Build Knowledge Base
On February 6, Bitcoin Cash supporters were introduced to a new BCH-centric Stack Exchange community called bitcoincash.stackexchange.com. The goal of the Q&A site aims to build a “knowledge center” for Bitcoin Cash developers and individual researchers interested in learning about BCH. Also Read: IOTA, EOS, XLM, ADA – 4 ‘Bitcoin Contenders’ With Zero Use Cases […]
The post Bitcoin Cash Community Begins Crafting Q&A Stack Exchange Site to Build Knowledge Base appeared first on Bitcoin News.
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Ethereum’s Value Transfer Is Now Dominated by Stablecoins
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also […]
The post Ethereum’s Value Transfer Is Now Dominated by Stablecoins appeared first on Bitcoin News.
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