Cryptocurrency News DeFi

Ethereum co-founder rings caution bell on DeFi surge; critics reminded of ICO boom

Decentralized Finance (DeFi) applications are becoming what ICOs were in 2017-18 and what stablecoins were in 2019. The advent of venture funds, increased social sentiment, and promises of world-changing technology are a “been there, done that” narrative in cryptocurrencies. This time, it’s DeFi applications with their huge chest-thumping — with some projects even promising 100 Read more…

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Cryptocurrency News

Ethereum’s Vitalik Buterin challenges forecast saying the halving may boost Bitcoin’s price, joining stock-to-flow critics

If you were to ask a Bitcoin investor what makes the cryptocurrency valuable, they would likely say something about the cryptocurrency’s block reward “halvings.” Every four years, the number of BTC issued per block gets cut in half, resulting in an effective 50 percent reduction in the inflation rate of the cryptocurrency. The argument is Read more…

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Cryptocurrency News Ethereum

Ethereum 2.0 Testnet Attracts 22,000 Validators

One of the broadest testnets for Ethereum 2.0 is advancing, already attracting 22,000 validators. The shift to proof-of-stake is still left for the future, but there are signs of incipient and growing interest. Largest Testnet for Ethereum 2.0 Starts Attracting Stakers Ethereum (ETH) has not moved as fast from mining to staking as previously promised. Read more…

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Cryptocurrency News Ethereum

How This Solution Could Unlock Massive Adoption For Ethereum

Ethereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and Read more…

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Cryptocurrency News Ethereum

Vitalik Buterin Flustered By Crypto Community Insults On Twitter

The co-founder of Ethereum, Vitalik Buterin, recently responded to a few verbal attacks on social media. Some influential people within the cryptocurrency community expressed their opinions against Vitalik’s views, and he took the chance to respond. Vitalik Buterin Under Fire on Twitter Vitalik Buterin is a well-known figure within the community as the co-founder of Read more…

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Bitcoin Blockchain Cryptocurrency News Ethereum

What is Ethereum, and how does it work?

Ethereum is second to Bitcoin on the cryptocurrency market rankings. But what is it? What powers the second most valuable blockchain? How does it function?  In this digital age, we are dependant on the internet for almost all aspects of our personal and professional lives. But is the internet functioning today in-line with the ideals Read more…

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Blockchain Cryptocurrency News Ethereum

Ethereum Will Become More “Centralized and Dysfunctional Over Time”

Bitcoin developer Tuur Demeester recently took to Twitter to once again express his concerns regarding Ethereum and the project’s future. Ethereum is still the second-largest cryptocurrency, with the current price of $184.32 and a market cap of nearly $20 billion, at the time of writing. The coin also has a daily trading volume of $8.90 Read more…

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Altcoin Cryptocurrency News

Dead Altcoins: Overwhelming Number of Crypto Projects Without A Single Line Of Code Committed in 2019

ICOs were undoubtedly a hot trend back in 2017 and 2018 during the parabolic market movement and the subsequent decrease. Ever since then, their prominence has stalled and a recent report shows why that might be. Apparently, 640 out of 2000 reviewed ICOs haven’t added or written a single line of code in 2019 and Read more…