Decentralized technology is liberating yet intimidating to crypto-beginners. How can DeFi projects ease this transition for users? Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology,…
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A new analysis suggests the token supplies for most DeFi projects are not widely distributed, with up to 99% held by the top 500 addresses. Token supplies for most decentralized finance (DeFi) projects are not widely distributed according to an analysis by the co-founder of DeFi Italy and Head of CryptoLab’s Digital Assets Investments Simone…
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Ethereum gas fees appear to be finally going down as activity levels fall from the highs of July. The cost of sending a transaction on Ethereum plummeted today as congestion appears to be finally clearing. According to EthGasStation, the average gas fee on Wednesday is between 30 and 40 Gwei, with a notable 6 Gwei…
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Decentralized finance should include decentralized energy as it uses DApps and blockchain and has the same logic, says Lition. Decentralized Energy (DeEn) leverage DApps and smart contracts on Ethereum to conduct transactions and trade energy assets. In a paper released July 31, Lition, a Berlin-based sustainable tech startup that has launched a blockchain-based marketplace allowing…
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This time around, for however long it lasts, Bitcon’s run and the altcoin season are going to be very different. Bitcoin has finally woken from its two-month slumber, as well as interest in the number-one cryptocurrency along with it. Bitcoin futures trading is bustling again, with both volume and aggregated interest at their highest since…
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The crypto industry has the best historical moment to change the discourse about cryptocurrency and its reputation into a successful innovative tech sector. The COVID-19 pandemic has certainly accelerated the digitalization of economies across the globe, opening up discussions on the future of digital financial services and whether our economy should advocate for the financial…
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After months of work, Bancor V2 finally launches promising to improve the user experience for both traders and liquidity providers. The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.” According to a blog post released on Friday, the contracts have been…
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Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts. As interest in smart contracts surges, some Bitcoiners are asking: why can’t Bitcoin (BTC) become the foundation for smart contracts too, instead of Ethereum (ETH)? Muneeb Ali, co-founder and CEO of Blockstack open-source platform, believes that the best way…
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A total of $4 billion in value is now locked in the DeFi markets, according to DefiPulse.com. The Decentralized Finance, or DeFi, industry continues its massive growth trajectory as the total value locked in the DeFi markets hits $4B, according to data from major industry website DefiPulse.com. Total value locked in DeFi markets, August 1.…
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A panel of known Ethereum investors and influencers discussed decentralization and the value of the total value locked in DeFi. At a Kraken-hosted webinar titled “DeFi-ing expectations: the future of Ethereum,” panelists discussed the rise of decentralized finance, its defining features and how to measure its success. The webinar was held on July 31 and…
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