Ethereum (ETH)

THORChain is the latest DeFi project to be exploited, with estimations showing that the hackers might have swooped up to $7.6 million in digital assets. The team behind the decentralized exchange promised to make whole all affected users and requested the perpetrators to contact them to discuss the return of funds. THORChain highlighted the hack on Twitter earlier on July 16th. The amount stolen remains unconfirmed as the initial estimations showed that it was more than...

It was Morgan Beller, co-creator of Libra, who connected the Optimist team to Vitalik Buterin. “I’ve always thought Buterin deserves to have his story out there,” he said.A movie production company, the Optimist, is looking to interview Vitalik Buterin and produce a feature-length documentary on Ethereum. The documentary titled, ‘Ethereum: The Infinite Garden’ aims to detail the challenges and rewards associated with building a new world. It is the first of its kind and producers are looking...

[PRESS RELEASE – Singapore, Singapore, 15th July 2021] Unifi Protocol is proud to be the first DeFi platform to create a blended ecosystem of DeFi and blockchain node staking rewards. Exisitng nodes on 6 blockchains will join with Unifi’s existing 7 chain DeFi ecosystem. Blockchain validation is a large industry, and projected to grow substantially larger as Ethereum and other cryptocurrencies adopt Proof of Stake as a security mechanism. Unifi Protocol acquires the assets of...

Crypto volumes are continuing to fall through the floor, and according to the latest data from digital asset manager Coin Shares, trading numbers have dropped to their lowest levels. Coin Shares Data Suggests an Ugly Exodus Bitcoin has taken one of its nastiest dives in history. The world’s number one digital currency by market cap was trading for a new all-time high of approximately $64,000 per unit in mid-April, though at press time, it is trading for approximately...

China’s crackdown on crypto mining has got digital analysts everywhere worried. According to many figureheads in the digital currency space, the prices of assets like bitcoin and Ethereum are about to crack even further given how far China has gone in banning BTC and crypto mining from its territories. China Takes More Action Against Mining China has always had a mixed relationship with cryptocurrencies. In the past, the nation has taken a stance against both crypto...

The Polygon network supports faster and cheaper transactions. By integrating with this, institutions will have access not just to faster and cheaper means of transactions, but to a secure system only comparable to that of major chains.Polygon (previously known as Matic) is collaborating with Fireblocks to bring more security to projects, individuals and institutional users on its platform. Fireblocks is known for delivering a secure interface through which digital assets can be issued,...

Litecoin price extended its decline below the $130 support zone against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $133 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline as long as it is below the $132 and $135 levels in the near term. Litecoin price is struggling to recover above $132 against the...

The global payments giant Visa has approved the issuance of a physical debit card that will allow Australians to spend their bitcoins at local stores and leisure venues. The inovation will enable customers to make direct purchases with crypto instead of converting digital assets to fiat money. First BTC Spending Card in Australia According to the Australian Financial Review report, Aussies will soon be able to spend cryptocurrencies via a new debit card created by the local...

By integrating the two technologies, it is expected that a platform for DeFi applications – which will compete with the usual web user’s experience – would have been created.Two years after launching the Unipig Proof of Concept, Uniswap has announced it is close to launching the Uniswap v3 on Optimistic Ethereum (OΞ).By integrating the two technologies, it is expected that a platform for DeFi applications – which will compete with the usual web user’s experience – would have been created....

Top blockchain data indexer and DeFi querying protocol Unmarshal announces the launch of its much-awaited Smart Notification APIs, an infrastructure that completely revolutionises smart contract communication with dapps.Unmarshal is a multi-chain data indexing protocol that facilitates seamless access to on-chain data for DeFi applications data in several formats such as rich APIs, historical data, data streams, and now push notifications support for smart contracts. With its Smart...