Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan

Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash LoanThe Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind the Maker project aims to make it […]

The post Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network

ETH Volumes Top $125 Billion in Q3: High-Risk Dapps Dominate Tron NetworkA recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to the DeFi ecosystem. Still, the […]

The post ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On

Tether's Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On OnThe total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply, and the majority of the coins are […]

The post Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B

Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however, the rise northbound has […]

The post Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume

Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade VolumeThe 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.

Go to Source

Powered by WPeMatico

An In-Depth Look at Ethereum’s Maker and Dai Stablecoin

An In Depth Look at Ethereum's Maker and the Stablecoin DaiSince tether (USDT) bolstered the idea of a working stablecoin over the last few years, there’s been a variety of different types of stable cryptocurrencies that are usually pegged to the U.S. dollar. However, there’s one particular stablecoin that’s been a hot topic of discussion lately called dai, a coin that’s backed by ethereum locked […]

The post An In-Depth Look at Ethereum’s Maker and Dai Stablecoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: Fabric Token Launches TokenGen 3.0 – The All in One Token Crowdsale Automation Tool

Fabric Token Launches TokenGenTokenGen is now in a league of its own in terms of token crowdsale automation. The tool’s 3.0 version provides an all-in-one solution for anyone who wants to run and manage a token generation event, but doesn’t have the necessary programming know-how.

The post PR: Fabric Token Launches TokenGen 3.0 – The All in One Token Crowdsale Automation Tool appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows

Transactions Costs Soar as the Ethereum Network SlowsAnother month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $0.49, making it more expensive to send crypto on Ethereum than on other major blockchains such as BTC or […]

The post Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO

DIWtoken.Com - Alpha Launch on Testnet Before the End of ICOIt has already been three weeks since the launch of DIW’s ICO with just one week left to go – just enough time to seize this rare opportunity and join this unprecedented project! The entire team has been on constant alert for months now with quite a few kilos of coffee consumed on many endless meetings and sleepless nights! It has been a unique and amazing experience thus far and everyone is looking forward to the next stage that the project is about to enter.

The post PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico