Ethereum

Ethereum Medalla Testnet Launch Suffers Block Finality Issue

The Ethereum Medalla testnet launch, scheduled for 1pm UTC, did not proceed as smoothly as expected. While the network launched successfully and proposed a sufficient number of blocks at the supposed genesis time, participation rate was a mere 57%; much lower than the expected 80%. This means that only 57% of the stake is being …

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Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days

Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled the Ethereum network to new heights. Decentralized finance (defi) is a term used …

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You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber

The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project. Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other decentralized apps, or DApps. They will also be available on …

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Bitcoin Drama, Ether Rally, Teen Held Over Twitter Hack: Hodler’s Digest, July 27–Aug. 2

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin rallies 13% to break through $11,000 After weeks of …

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Crypto Long & Short: Does Decentralization Create Value or Destroy It?

To Bitcoin (BTC) proponents, the world’s need for a decentralized form of money is more apparent than ever, as challenges mount to government monopolies on money-printing and military force, from the U.S. to Uganda.  It’s possible that this vision is attracting new investors into crypto, but this week’s price surge (notwithstanding the sudden bitcoin price whiplash at …

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Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week

Stability? What stability? Bitcoin has burst through its ceiling, leapt 15% and is now tickling a new ceiling of $11,000. The new move has put Bitcoin’s actual price at around double the realized price. On Black Thursday, the realized price was higher than the actual price. So how much higher will Bitcoin go? Max Keiser …

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Flash Crash: Bitcoin Price Slides by $1.4K in Minutes

Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict …

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$1 Billion Liquidated as Bitcoin Price Crashes by $1.4K in Minutes

The price of Bitcoin (BTC) and Ethereum’s Ether (ETH) plunged by 13% and 21%, respectively, within minutes on Aug. 2. The move liquidated more than $1 billion worth of futures contracts as BTC/USD dropped from around $12,000 to as low as $10,550. BTC/USD 1-hour chart. Source: Tradingview There appear to be two main reasons behind …

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New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control

After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising through the $11,900 level within the last hour. Crypto market daily price chart. Source: Coin360 Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have noted that above the …

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Five Years In, DeFi Now Defines Ethereum

DeFi Dad is a DeFi super user sharing his money experiments and tutorials on Twitter and YouTube. He is an organizing member of the Ethereal Summit and Sessions, host of The Ethereal Podcast and a weekly contributor to The Defiant and Bankless. Ethereum has always been difficult to explain. Even the founders of Ethereum have …

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