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General Crypto
General Crypto
BeamX Promises to Bring Privacy Capabilities to DeFi
Beam, the crypto project utilizing privacy tech, has announced the imminent launch of a confidential defi network called BeamX.Almost two years on from its mainnet launch, the privacy coin is moving into the defi sector to enable the creation of dApps that are user-friendly and privacy-centric, citing flaws inherent in the Ethereum ecosystem. Scheduled to…
DeFi Project Akropolis Token Pool Drained of $2M in DAI
Nov 12, 2020 at 7:51 p.m.UTC Updated Nov 12, 2020 at 8:04 p.m.UTC (Miltiadis Fragkidis/Unsplash) DeFi Project Akropolis Token Pool Drained of $2M in DAI Decentralized finance platform Akropolis’s yCurve pools have been drained, resulting in the loss of $2 million worth of DAI, according to the team’s Discord channel.The attacker pulled out tranches of…
Bitcoin: Addressing Misconceptions | Seeking Alpha
I initially covered Bitcoin in an article in autumn 2017, and was neutral-to-mildly-bearish for the intermediate term, and took no position.The technology was well-conceived, but I had concerns about euphoric sentiment and market dilution.I neither claimed that it had to go lower, nor viewed it bullishly, and merely stepped aside to keep watching.However, I turned…
Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked
Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked Nov 12, 2020 at 9:29 p.m.UTC CoinDesk 20 Bitcoin Price Index Daniel Cawrey Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more…
Market Wrap: Bitcoin Hits $16.2K; Uniswap Crosses $3B Locked – CoinDesk
Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more just than a fad.Bitcoin (BTC) trading around $16,154 as of 21:00 UTC (4 p.m.ET).Gaining 2.9% over the previous 24 hours.Bitcoin’s 24-hour range: $15,454-$16,186 BTC above its 10-day and 50-day moving averages,…
ETH 2.0 – Why Proof-of-Stake (PoS)? – Product Release & Updates
Vitalik Buterin, co-founder of the popular Ethereum blockchain network, has released details of why proof-of-stake (PoS) is the best for Ethereum. Ethereum, due to the unprecedented rise in decentralized finance (DeFi) protocols, has had to fast track its long-awaited ETH 2.0 upgrade.One major feature of the upgrade is the network’s shift from a proof-of-work (PoW)…
What you should know about Bitcoin Cash possibly splitting on November 15th
One of the strengths of cryptocurrency like Bitcoin is its open, decentralized nature.The code itself is open source, as released by the anonymous “Satoshi Nakamoto” back in 2009.Anyone can “fork the code”– copy it and create their own cryptocurrency, tweaking the software however one wants.This has been done many thousands of times in the last…
Ethereum Chain Divides By Node Update Delays
Old versions of Geth would contain network consensus flaws. The bug was fixed five versions ago, but customers needed to update. The ecosystem around the Ethereum project suddenly woke up this Wednesday after a division in the chain .The cause of the chain split it would be due to the delays in updating the clients…
BeamX Promises to Deliver Privacy Capabilities to DeFi
November 13, 2020 Beam , the crypto undertaking making use of privacy tech, has announced the imminent launch of a confidential defi network called BeamX.Virtually two several years on from its mainnet start, the privacy coin is transferring into the defi sector to help the creation of dApps that are person-pleasant and privateness-centric, citing flaws…