Another bitcoin auction is in the books. This time around, the auction will take place in the country of Romania, a first for the European nation.Romania Is Having Its First Bitcoin AuctionRomania’s National Agency for the Management of Seized Assets will be responsible for finding a buyer for the small amounts of bitcoin and ether it will be looking to sell off. The money was taken following a fraudulent money scheme. Roughly 0.97 of ether is available for purchase, while more than 1,670...
Read More »Ethereum Hash Rate Breaks ATH Following the Boom of DeFi
2020 has been a good year for Ethereum: its price increased month after month, and its technological security is at a new peak now that its total hash rate is at ATH levels.The Ethereum hash rate is above 250 Terahashes per second for the first time in its history. This new record comes after an almost uninterrupted growth of 80% since January of 2020.A Steady Race to the MoonAccording to Glassnode, the recent influx of new miners seems to be caused by the rapid growth of the DeFi industry...
Read More »RSK & RIF Bitcoin Sidechain Integrates DAI to Further Connect To Ethereum’s DeFi
The DeFi space continues to expand as the total value locked in protocols has recently almost hit $11 billion. More interestingly, BTC value locked in DeFi is also on the rise as there are currently around 141,000 bitcoins locked in various lending protocols.RSK’s infrastructure framework (RIF) has recently integrated Maker’s DAI stablecoin into its ecosystem.RIF Integrates Maker’s DAI StablecoinThe RSK infrastructure framework (RIF) has integrated the DAI stablecoin on its Bitcoin-powered...
Read More »RSK Infrastructure Framework (RIF) BTC-ETH Bridge to Open DeFi Products to Bitcoin Community
The RIF BTC-ETH bridge was developed by the RSK team and it serves as an interoperability bridge that locks the original token such as DAI on the Ethereum blockchain while minting an ERC777 ‘side token’ that can move freely on the RSK network.The RSK Infrastructure Framework (RIF) development team has launched the DAI stablecoin coin through the BTC-ETH bridge dubbed the RSK-Ethereum token bridge. According to a press release issued by the RSK Network, one of the most secure smart contract...
Read More »Ethereum Price Analysis: ETH Reaches Crucial Breakout Zone
Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...
Read More »This Crypto Investor Lost $140,000 Worth of Uniswap Tokens to a Yield Farming Scam
Yield chasers in search of the next “DeFi gem” are falling victim to elaborate scams with rogue actors on the prowl, using cleverly devised malicious contract codes to steal funds.From “rug pulls” to outright absconding with presale funds, the activities of DeFi scammers are threatening to overshadow the novel developments in the emerging crypto market niche.DeFi Farming Hopeful Loses 36,000 UNI TokensTweeting on Oct. 5, Alex Manuskin, a researcher at crypto keyless wallet maker ZenGo,...
Read More »Vitalik Buterin Briefs Ethereum 2.0 Updated Roadmap, Hints 100x Scalability with Rollups
Using rollups, Vitalik Buterin promises a massive 100x in transaction throughput for the Ethereum network. When combined with Sharding the output can multiple to 6400x.Last week, Ethereum 2.0 developers launched the Spadina testnet, however, failed to garner enough participation from node validators. Today, October 5, Ethereum co-founder Vitalik Buterin has briefed the developments and the updated roadmap for Ethereum 2.0 in a series of tweets. The existing Ethereum blockchain has been...
Read More »Ethereum 2.0 Testnet Size Tops 75 GB as Staked Test ETH Crosses 2 Million
Support for Ethereum 2.0 is growing rapidly. In a significant milestone, Eth2’s Medalla test net has expanded to more than 75GB in size. Along with this, the number of staked test ETH on the test net has crossed well above 2 million.Ethereum 2.0 Testnet Size Tops 75 GBAs per the latest reports, two months after the launch of Medalla, every node in the Eth2 test net is already holding more than 75 GB worth of data. It’s predecessor, the parent Ethereum blockchain, has a size of more than 452...
Read More »Le joaillier Courbet accepte les paiements en bitcoin (on-chain et Lightning)
Nouvel ajout à la liste des établissements qui acceptent les bitcoins (on-chain et Lightning) : Courbet, maison de joaillerie de la place Vendôme à Paris. « Au cœur de la place Vendôme, Courbet propose une alternative écologique et éthique à la joaillerie traditionnelle. Nos diamants sont créés en laboratoire, notre or est recyclé. Créer et préserver la magie de l’univers, telle est la beauté de...
Read More »Music On The Blockchain: RAC Issues A New ERC20 Ethereum Based Token
Grammy award-winning music creator André Anjos is the latest artist to tap into the cryptocurrency space. Better known by his stage name RAC, Anjos has launched a new Ethereum based community token for artists.The token is also named RAC. With it, the music producer intends to free artists and content creators from the clutches of large-scale corporations that stifle their financial freedom.RAC Gives Back To The Community With Ethereum Based $RACIn the RAC token issuing platform Zora’s latest...
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