About Author: 1 Confirmation with Jeff and Dave

Bitcoin fanatic. Economics Graduate. Hobbies include obsessively brewing coffee and surfing aviation blogs.

Young Entrepreneur Strikes It Rich with Montreal Bitcoin Mine

Bitcoin Miner Sales Won’t Affect Crypto Bullrun, Says Analyst

September 21, 2020 by Shaurya Malwa at Bitcoin

An analyst said over the weekend that Bitcoin miners selling their crypto rewards and holdings en masse will not deter the next bull run, according to on-chain data that he cited. Bitcoin Miner Sales Won’t Affect Bull Market Ki-Young Ju, the CEO of on-chain analytics and data firm CryptoQuant, said...

China Central Bank Pushes for CBDC to Displace Dollar Dominance

September 21, 2020 by Shaurya Malwa at Blockchain

The Chinese central bank said Monday that the country needs to become the first to issue a digital currency to reduce its dependence on the global dollar payment system, according to a local report cited by Reuters. China’s Digital Currency Push An article distributed in China Finance, a magazine run...

Ethereum Fees Reach Record High as DeFi Projects Clog Network

September 18, 2020 by Shaurya Malwa at Ethereum

Miners running their business on and maintaining the Ethereum network boasted a record Thursday - as the day recorded the highest fees ever for miners on the Ethereum network due to the burgeoning DeFi market and the launch of Uniswap. Ethereum Miners Bank Their Highest Fees Ever Transactional information gathered...

Uniswap Announces UNI Tokens, Airdrops Over $1,200 to Users

September 17, 2020 by Shaurya Malwa at DeFi

Decentralized exchange Uniswap launched its native UNI tokens earlier today in a surprise move, with several crypto exchanges rushing to list the token and Ethereum network becoming congested to use. Uniswap’s $1,200 Airdrop As detailed in a blog post, a total of one billion UNI tokens will be distributed in...

Russian Pop Artist Uses Blockchain to Transfer Song Rights

September 16, 2020 by Shaurya Malwa at Blockchain

Russian pop artist Oleg Kenzov has finished the principal digital rights transfer of a melody he composed utilizing a blockchain platform supported by the Russian administration. Blockchain Used for Music Rights Transfer As indicated by VC.ru, the studio Soyuz arrived at an authorizing understanding arrangement with music administration FONMIX to...

Spadina Testnet is Coming Ahead of Ethereum 2.0

September 15, 2020 by Shaurya Malwa at Ethereum

The second testnet ahead of the Ethereum 2.0 network upgrade, called Spadina, will be launched in the coming months, according to a report by Decrypt. A “Rehearsal” Testnet As per a blog post by Ethereum Foundation developer Danny Ryan, the launch of the second equal testnet, called Spadina, which will...

Yearn Finance Creator Andre Cronje Wants to Cap Supply at 30,000 YFI

September 14, 2020 by Shaurya Malwa at DeFi

Andre Cronje, the creator of yield farm aggregator Yearn Finance, proposed a measure over the weekend that seeks to cap the total supply of YFI tokens at its current 30,000. No more YFI Minting Yearn Finance, the yield aggregator platform which has turned heads since its YFI token in late-June...

Report on Digital Euro Will be Published Soon, Says ECB President

September 11, 2020 by Shaurya Malwa at Regulation

European Central Bank (ECB) President Christine Lagarde said on September 10 that the bank will soon publish a report on a European digital currency, according to a report. A Digital Euro The hotly-anticipated consequences of the European Central Bank's examination into a digital euro will before long be delivered "in...

Yearn Finance Launches Tokenized Debt Product StableCredit

September 11, 2020 by Shaurya Malwa at DeFi

Yearn Finance, one of the most-used yield aggregator pools, launched its stable coin debt product yesterday that allows users to take out tokenized debt loans, as per a release. StableCredit comes to Yearn For the uninitiated, Yearn Finance automates yield-maximizing profit switching opportunities for liquidity providers and yield farmers. It...

Ontology (ONT) is Taking on DeFi With a Decentralized Identity Solution

September 9, 2020 by Shaurya Malwa at DeFi

High performance, open-source blockchain Ontology announced a new product suite as it looks to make its mark on the decentralized finance (DeFi) space, according to a press release. Ontology Goes the DeFi Way Specializing in digital identity and data, Ontology launched a new decentralized identity solution earlier this month, making...