Tron’s founder Justin Sun unveiled a new collateralized lending platform meant to bring DeFi to TRX, though it appears to be an exact clone of MakerDAO. On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately…
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Binance has chosen to delist its FTX leveraged token products. Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged…
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YouTuber Ivan on Tech recently explained how the video game RuneScape prepared him for crypto trading. The underlying premise of many video games might actually give people a core understanding of economics, especially in the crypto space. “As a kid, I played a lot of RuneScape,” crypto YouTuber and programmer Ivan on Tech said in…
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Venezuela faces clogged internet usage due to quarantine measures, which could make crypto usage difficult. The global coronavirus lockdown has put a strain on Venezuela’s internet, which could logically make crypto participation difficult. As much of the world hunkers down in quarantine, people logically turn to internet-based services for work, as well as a way…
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Microsoft files crypto-based patent which would enable individuals to mine crypto using body activity data. Tech giant, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body activity data, eliminating the need for specialized mining machines. Microsoft published a patent dubbed “Cryptocurrency system using body activity data” on…
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India’s Tech Mahindra said faster reconciliation and a reduction in paperwork are just two of the benefits of using the Marco Polo blockchain platform. Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions. It said the platform…
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VR platform Somnium Space sold 110 ETH worth of digital land during the first seven days of a 10-week offering. Somnium Space sold 110 Ethereum (ETH) worth of virtual land plots during the first seven days of its multi-week affair. “During the first week of Road to SLO we have sold a total of 25…
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A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count in the industry. A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count…
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Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. Payments and cryptocurrency platform Crypto.com has simplified cryptocurrency tax reporting for its users through a new partnership with three tax providers. On March 24, Crypto.com announced the collaboration with crypto tax calculator CoinTracker, crypto…
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In partnership with Chainlink, blockchain platform Solana is building a price oracle that updates in less than half a second. Blockchain platform Solana has joined up with decentralized oracle solution Chainlink to construct an oracle that updates incredibly quickly. “We recently saw market failures due to congestion on Ethereum, including oracle failures,” Solana CEO and…
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