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Search Results for: Ethereum

DeFi Protocol Curve Finance to Launch ‘crvUSD’ Stablecoin

The stablecoins code was released into GitHub by its developers. Over-collateralization ensures the new currency will maintain its $1 peg in the market. With the DeFi protocol Curve Finance, a new dollar-pegged stablecoin may soon be available. On Tuesday, the stablecoins code was released into GitHub by its developers. The

September 7, 2022 2 mins read

Orbs Offers Blockchain Infrastructure Through TON to the Masses

In an effort to accelerate the use of blockchain technology, Orbs is extending its operations to The Open Network (TON). It is a major step in Orbs’ objective to aid developers in creating superior decentralized protocols and solutions, and the first non-EVM L1 solution it has supported. Between the L1/L2

September 7, 2022 1 min read

Kyber Network Deletes Attack Vector Responsible For Exploit

Attackers took control of the app’s front end by exploiting a weakness in the GTM script. Binance had identified two suspects and passed on the information. Kyber Network, a DEX, has announced that the attack vector responsible for last week’s vulnerability has been successfully found and deleted. Earlier, the platform

September 7, 2022 2 mins read

Bitcoin’s Market Dominance Decreases, Sign of Incoming Dips?

The current market dominance of BTC is 38.2%, the lowest value since 2018. BTC is currently trading around $18,790.97, a 6% decrease in the last 24 hours. For the past few weeks, the global cryptocurrency market is going through a tremendous collapse. Major cryptocurrencies are continuously crashing down and pushing

September 7, 2022 1 min read

Investor Michael Burry Forecast’s Severe Economic Disaster

The present inflation situation is a key aspect of his forecast. The Federal Reserve has been increasing interest rates. There has been a severe drop in the cryptocurrency market yet again. Extremely negative patterns may be seen in the Bitcoin price. Its price dropped by about 6% in the previous

September 7, 2022 2 mins read

Relisted Reddit NFT Avatar’s on OpenSea Witnesses Price Surge

OpenSea, a marketplace for non-fungible tokens (NFTs), has seen increased demand for Reddit’s blockchain-based avatars, outselling the platform’s own shop. In July of 2022, Reddit, the “front page” of the internet, announced collectable avatars, becoming a part of the developing world of NFTs. Since their release in August, the avatars

September 7, 2022 2 mins read

Vitalik Buterin Announces Revised Preponed Merge Date

The increased hash rate on the network is forcing the Merge to occur earlier. In anticipation of the Bellatrix hard fork, the ETH price has risen by nearly 6%. In a Tuesday tweet, Ethereum co-founder Vitalik Buterin predicted that the Merge will go into effect between September 13 and 15.

September 6, 2022 2 mins read

Smooth Love Potion Price Prediction — Will SLP Hit $0.1 Soon?

Bullish SLP price prediction is $0.00586 to $0.05571. The SLP price might also reach $0.1. SLP bearish market price prediction for 2022 is $0.00304. In Smooth Love Potion’s (SLP) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about SLP to analyze the future movement of

September 6, 2022 8 mins read

Prominent Mining Pool ‘Poolin’ Temporarily Halts Withdrawals

This mining pool is responsible for 10.4% of the total hashrate in Bitcoin mining. The group also announced the temporary suspension of BTC and ETH balance payouts. Poolin, a mining pool headquartered in China, has temporarily suspended wallet withdrawals due to cash flow concerns. Given Poolin’s massive scope, the withdrawal

September 6, 2022 1 min read

When Will DeFi be Competitive with Traditional Finance?

We all like to root for the underdog.  Whether it’s a David and Goliath story, the Mighty Ducks, Eddie the Eagle, or that couple down the street running their startup in the garage.  There is just something about seeing someone who is outmatched, outfunded, and outclassed, overcome through intense focus,

September 5, 2022 7 mins read