Tag: Blockchain

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YFI price soars to $38.8K hitting $1B market cap — can it go higher?

Yearn.finance’s YFI token achieved a new record high at $38,883, as its market capitalization surpassed $1 billion. Yearn.finance’s native token YFI has surged by more than 75% in the last 24-hours, achieving a new all-time high at $38,883 on Binance in its (USDT) pair. The strong upside move also brought the DeFi-token’s market capitalization above $1…
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Chainlink’s Nazarov sees two ways for mainstream DeFi adoption

How do we get DeFi “to cross the chasm?” As decentralized finance begins to gain ground, Chainlink co-founder Sergey Nazarov believes there are two ways for more mainstream adoption.  Speaking at the Smart Contract Summit, Nazarov said he sees two ways DeFi “crosses the chasm” and more Web 2.0 companies to adopt these technologies.  “The…
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Federal agencies turning to blockchain for its benefits

Even the FDA uses blockchain Federal agencies have turned to blockchain for its transparency, efficiency, security and flexibility. According to FedTech magazine, several federal agencies like the U.S. Food and Drug Administration, or FDA, and the Department of Treasury began using blockchain. Officials in the US Food and Drug Administration needed an effective way to help…
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Binance Charity and Integro Foundation raise $1 million for PPEs

More donations can be expected. Binance Charity and Integro Foundation raised $1 million to donate personal protective equipment to frontline workers. A total of 500,000 KN-95 masks will be distributed to workers in the Brazilian Amazon, Argentina, Chile, Mexico, Venezuela, Peru, Ghana, Nigeria, South Africa, Bermuda, Barbados, St. Lucia, Haiti, Bahamas, the Dominican Republic, the…
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How much do you know about crypto funds? Take our quiz to find out

Do you know how a crypto fund works, and what investors should look for in a tokenized portfolio? Put your knowledge to the test in our quiz.  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Uniswap and automated market makers, explained

Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean? What are the risks and limitations of AMMs? Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and…
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This South Korean film festival will be powered by blockchain technology

The event will reward participants with token-based rewards. An upcoming film festival, hosted by the Gyeonggi Film School, will be held from September 25 to October 4. Recently, the festival announced its partnership with MovieBloc, a Blockchain-based media distribution platform. According to Fn News, the festival’s audience will be able to rate each film in…
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‘Irrational, even by crypto standards’: KSM moons as Kusama looks to Mars

Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August. Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less…
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Media controversy over RMIT blockchain unit’s links to right-wing think-tank

An Australian university blockchain hub has been linked to a right-wing think-tank, causing controversy among uni staff members. The RMIT Blockchain Innovation Hub’s association with influential right-wing think-tank The Institute of Public Affairs has been roundly criticised in a 1200-word news feature in Guardian Australia by other members of staff. The hub received $6 million…
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The Robonomics token is trading for $95,000 each on Uniswap

Robonomics’ lifetime subscription token is trading for close to six-figures on Uniswap. The highly-anticipated launch of Polkadot’s (DOT) mainnet has seen many smaller crypto assets associated with the project explode recently. Both tokens of the distributed ledger technology (DLT)-powered robotics and Internet-of-Things (IoT) project Robonomics have been among those to surge alongside Polkadot, with the…
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