Bitcoin Blockchain and Cryptocurrency News Center
As 2020 comes to a close, the DeFi industry has continued to dominate with nearly $15 billion in total value locked (TVL). The year that began with a lingering bear market evolved into one of the most exciting six-month crypto stretches in the past decade. The DeFi movement saw Uniswap, the leading decentralized exchange, surpass centralized exchange giants like Coinbase in […]
At what point will greening crypto energy consumption be enough? En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon footprint. En+ Group’s […]
The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018, the Cointelegraph announced. The amount of computing power on the Ethereum network is currently at an all time high following weeks of volatility in key metrics on the blockchain. According to data from on-chain analytics provider Glassnode, the Ethereum […]
What are some trends in the crypto and blockchain space that may take hold and remain ongoing throughout the rest of 2020? The cryptocurrency field is a place where everything changes in the blink of an eye. New technologies, key market players and trends shift much faster than in any other industry. From the current […]
“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability remains unchanged.” Five years and thousands of bits later, Ethereum is still chugging along as a decentralized platform for self-executing code, the CoinDesk writes. And […]
About 86 million ETH is held on non-exchange wallets containing enough Ether for staking on ETH 2.0, the Cointelegraph reported. As the crypto community is anticipating Ethereum 2.0, a large number of Ether (ETH) holders already have enough ETH for staking on the network. Nearly 80% of total Ether (ETH) supply is being held by non-crypto […]
As the Coindesk announced, the levels of activity on Ethereum have peaked to their highest in two years, going by one metric. The seven-day moving average of the number of active ether addresses rose to 405,014 on Friday – a threshold not seen since May 2018, according to data provided by the blockchain analytics firm Glassnode. Active addresses […]
Does this week’s 300 million USDT migration from the Tron to Ethereum blockchain mean trouble is brewing for TRX? On Tuesday, Tether announced a sizable swap of USDT from the Tron blockchain to the Ethereum protocol. Tether explained that the amount of USDT in circulation would remain the same, meaning that USDT (TRC-20) will be burned and the same […]
A survey by Deloitte shows blockchain is increasingly becoming a priority among companies with a broad understanding of it. Auditing giant Deloitte’s latest survey shows that almost 40% of respondents from major technology companies worldwide currently have blockchain in production — and almost nine in ten think blockchain will become more important in the next […]
Security, a viable business model and an active community: why the majority of DApp developers still opt for the Ethereum blockchain, the Cointelegraph writes. Years on and dozens of experiments later, Ethereumstill remains the number one choice among developers of decentralized applications for deploying their products and services. The “2020 Q1 Dapp Market Report” published by Dapp.com […]