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DAI Development: Maker Announces Rebirth of OasisDEX, Weiss Ratings Bullish on Future

DeFi Ecosystem MakerDAO to Sell Off MKR to Cover $4M Bad Debt

March 13, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

MakerDAO (MKR), an Ethereum-powered lending ecosystem has announced that it will carry out an MKR governance token auction in two days, to off-set the $4 million bad debt in its ecosystem brought about by the massive crash in the price of ether (ETH), reports TheBlock on March 12, 2020. MakerDAO...

Bitcoin Price Crash Forces Coinbase to Implement Transaction Batching

March 13, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Coinbase, a leading United States-based cryptocurrency exchange has announced the introduction of Bitcoin transaction batching for both Coinbase and Coinbase Pro users. This will significantly slash transaction fees for traders, while also improving the scalability of the Bitcoin network, according to a blog post on March 12, 2020. Bitcoin Transaction...

HIVE Blockchain Expanding Its Ethereum Mining Operations by 20 Percent

March 12, 2020 by Ogwu Osaemezu Emmanuel at Blockchain, Ethereum

Hive Blockchain (TSX.V:HIVE), a publicly listed cryptocurrency mining company has announced that it’s now in the process of expanding its GPU-based Ethereum mining farm in Sweden. The firm says the move will enable it to increase its Ethereum mining production by as much as 20 percent, according to a press...

Oil Rig Blockchain Vakt Sea Sunset Purple Blue

VAKT Blockchain-Based Oil Trading Platform Welcomes SGS

March 12, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

VAKT, a distributed ledger technology (DLT) based commodity post-trade management platform has welcomed SGS, a leading inspection, verification, testing and certification firm, into its ecosystem as the first inspection company on its platform, according to a press release on March 11, 2020. SGS Joins VAKT Blockchain Consortium In a bid...

Coronavirus: CME Group Closing Chicago Trading Floor

March 12, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

The Chicago Mercantile Exchange (CME), a global derivatives marketplace offering clients bitcoin (BTC) futures contracts and more, has announced plans to shut down its Chicago trading floor after the close of business on Friday, March 14, 2020, as a precautionary measure against the coronavirus pandemic, according to a CNBC report...

IOTA (MIOTA) Successfully Reboots Network Following $2.2M Heist

March 11, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

The IOTA Foundation, the nonprofit organization in charge of the IOTA (MIOTA) network, has announced that Coordinator, a temporary security mechanism for the IOTA network has now been reinstated following the Trinity wallet hack that took place last month, according to a blog post on March 10, 2020. IOTA (MIOTA)...

Brave Lion Sitting on a Mountain of BAT Tokens

Brave Browser Partners with TAP Network to Offer Users BAT Redemption Services

March 11, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Brave (BAT) Browser, a privacy-preserving web browser project that rewards users with the Basic Attention Token (BAT) for viewing advertisement online, has signed a partnership deal with TAP Network, the Rewards-as-a-Service technology company, to enable Brave desktop users to redeem their BAT at more than 250,000 leading brands and merchants...

Cardano (ADA) Releases Ouroboros Hydra Research Paper

March 10, 2020 by Ogwu Osaemezu Emmanuel at Altcoins

Cardano (ADA) blockchain project has published a research paper on Ouroboros Hydra, a proof of stake algorithm (PoS), and it marks a significant milestone in the development of the Cardano distributed ledger. Ouroboros Hydra is aimed at making the decentralized network faster as it gains more users and it took...

Binance Research: Ethereum Actively Powering the DeFi Ecosystem

DeFi Platform Synthetix to Launch Ethereum-Powered Derivatives Trading

March 10, 2020 by Ogwu Osaemezu Emmanuel at Ethereum

Synthetix (SNX), a crypto-backed non-custodial exchange and synthetic asset platform that provides users exposure to a vast array of financial instruments, has announced that its putting preparations in top gear to roll out more products on its platform including binary options, exchange-traded funds (ETFs) and more starting from Q1, 2020,...

Asia’s First Cryptocurrency Visa Debit Card Set to Launch in Singapore

Crypto.com’s MCO Visa Card Now Supported on Apple, Google Pay

March 10, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

Crypto.com, a payment and crypto platform that allows users to buy, sell, hold and pay with Bitcoin (BTC) and other cryptocurrencies, has announced that its Visa Card is now live on several payments apps including Google, Apple, and Samsung Pay, according to a blog post on March 10, 2020. Crypto.com...