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Ethereum (ETH)

ParallelChain and XPLL: Solving Critical Issues in Existing Blockchains to Further Adoption

[Featured Content] Blockchain technology is growing in popularity at a rapid rate. From downright retail applications to complex enterprise solutions and even governmental infrastructure, the power of distributed ledgers has been recognized as a revolutionary development for applications and building Web 3.0. When discussing blockchains, it’s impossible to disregard Bitcoin and Ethereum. They are considered the most secure and widely-adopted networks for a reason. They serve...

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Aave Exploring Polygon’s Layer 2 System to Provide Scalability and Cheaper Transactions

Aave, the third-largest non-custodial lending protocol, is taking a multi-market approach and exploring scalability solutions in a project called “New Frontiers.” Aave is now exploring Polygon (formerly known as Matic), an Ethereum layer 2 protocol that enhances scalability using an adapted version of the Plasma framework. The Polygon sidechain system will be the first to integrate Aave as part of this plan to bring scalability and low-cost transactions. DeFi Should Be for...

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Playza Launches A Fully Decentralized Casino on TRON

[PRESS RELEASE – Limassol, Cyprus, 1st April, 2021, Chainwire] Blockchain-based casino Playza has launched on the TRON network. Playza offers a fair and transparent online gaming experience for crypto users in eligible jurisdictions, with a range of traditional casino games available. There will be no sign-ups, withdrawals or deposits and no forms to fill out. At launch, Playza will exclusively support TRON and TRX tokens for deposits, though plans are in place to support...

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Reef Finance Launches Maldives Reef Chain Testnet for Solidity Developers

[Press Release – London, England, 1st April, 2021] Reef Finance, the universal DeFi liquidity aggregator, has launched the V1 testnet of Reef Chain, dubbed Maldives. The release marks the first time that developers and users can take the Reef platform for a spin, allowing them to test and deploy smart contracts built in Solidity, the smart contract language used by Ethereum. Reef Chain is based on Polkadot’s Substrate framework, and is built in Rust. To maintain full...

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Uniswap V3 Concept of ‘Range Orders’ Overlaps with HipoSwap ‘Maker Pool’

While Uniswap has been claiming to bring “range orders” as a completely innovative concept, the fact is that it significantly overlaps with HipoSwap’s “Market Pool” feature launched six months back in September 2020.Last week, the Ethereum-based decentralized exchange (DEX) Uniswap announced its much-awaited Version 3 upgrade timeline. Version 3 will bring along some of the very interesting features of multiple fee tiers, aggregated liquidity, and range orders.However, the concept of “range...

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PureStake Completes $6M Funding Round for Moonbeam Network to Aid Mainnet Launch

The Moonbeam Network is an Ethereum-compatible smart contract platform on the Polkadot network designed to allow for interoperability across chains.Protocol implementation services provider PureStake has completed a $6 million funding round for one of its flagship projects, the Moonbeam Network. According to the official announcement by the tech startup, the funding round was led by CoinFund, a leading blockchain-centric investment firm. Other partners on the record that supported the...

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One Bitcoin Will Buy a Lambo This Year and a Bugatti in 2022, Kraken CEO Says

One bitcoin will be able to buy a Lamborghini model by the end of the year and a Bugatti in 2022, said Jesse Powell – the CEO of the veteran US crypto exchange, Kraken. During a recent interview with Bloomberg, he was also bullish on Ethereum, predicting a price tag well above $2,000 due to the upcoming ETH 2.0 release and the large number of projects built on top of it. One BTC for Lambo and Bugatti Kraken’s CEO has been highly-optimistic regarding BTC’s future price...

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PayPal Launches New Crypto Checkout Service

Customers with Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) held in their PayPal wallets can use these assets to complete any transaction by converting the digital assets to fiat currencies at checkout points. American online payments giant PayPal Holdings Inc (NASDAQ: PYPL) is set to launch a new crypto checkout service to allow users to pay for goods online using digital currencies. The plans were first reported by Reuters and it will help open access to crypto to...

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Nearly $80 Billion Locked in DeFi, Ethereum-Based Protocols Losing to Binance Smart Chain

DeFi total locked value has hit a record high, reaching nearly $80 billion. Though Ethereum-based protocols continue to lead the market, notable performance has been shown by their main rival – Binance Smart Chain.According to data from DeFi Llama, the total amount locked in DeFi is at a record $79 billion. This amount is well above the total market cap of nearly all cryptocurrencies with the exception of the top two digital assets. The Ethereum network still holds roughly half of this. Defi...

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Ethereum Price Analysis: ETH Could Struggle To Surpass $1,850

Ethereum price started a fresh increase above the $1,725 resistance against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,705 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to remain active near $1,725. Ethereum price is now approaching the $1,850 resistance against the US...

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