Friday, October 23, 2020

Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1.4 million from blockchain investors. The project called...

Market Update: Bitcoin Captures $11K, Flash Buy Signals, Bollinger Band Squeeze

Cryptocurrency markets are seeing decent gains on Friday following the announcement Square made the day prior about purchasing $50 million worth of bitcoin for...

Bitcoin Defi: Smart Contract Platform RSK Integrates ETH-Based Stablecoin DAI

On October 6, 2020, the RIF (RSK Infrastructure Framework) development team announced that the Makerdao project’s DAI stablecoin is now available via the smart...

Smart Contract Protocol RSK Attempts to Bring Defi to the Bitcoin Network

During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray....

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range

The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a...

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines...

Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers

While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be...

$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain

According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin...

Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums

The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during...

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K

The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of...
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