#Ethereum News

DeFi Protocol Aave Unveils “Credit Delegation” Transactions, Here’s What It Does

August 7, 2020 by Dalmas Ngetich at Altcoins

Aave -- an open-source and non-custodial lending protocol, is introducing Credit Delegation (CD). It is a new way where depositors can earn additional interest by creating credit lines between lenders and trusted borrowers through a special vault. Binding terms are drafted and enforced via OpenLaw —a blockchain protocol for the...

Grayscale Investments Files Form 10 with US SEC for Its Ethereum Trust

August 6, 2020 by Aisshwarya Tiwari at Regulation

The Grayscale Ethereum (ETH) Trust has filed to become a US Securities and Exchange Commission (SEC) firm. This, according to a recent filing made with the US financial regulator. Grayscale ETH Trust Wants to Become an SEC Reporting Company Grayscale Investment, the world’s largest crypto asset fund manager recently filed...

This DeFi Project Wants to Make Yield Farming Cheaper

August 6, 2020 by Shaurya Malwa at Altcoins

A new DeFi project wants to make the current flavor of cryptocurrencies - yield farming - cheaper to access, run, and operate for retail users, Decrypt reported August 5. Making Farming Cheaper Set Protocol, a DeFi project, plans to bring yield farming as one of its automated trading strategies offered...

Ethereum Classic (ETC) Suffers Second 51% Attack Less Than a Week After Losing $5.6 Million

August 6, 2020 by Dalmas Ngetich at Altcoins

Barely a week after nefarious agents took control of the Ethereum Classic network, double spending $5.6 million worth of ETC, the 24th largest project by market cap is once again under attack. Earlier today (Aug 6, 2020), CoinDesk reported that 4,000 ETC blocks were “reorganized” in a classic 51 percent attack....

Bitcoin and Ether Market Update August 6, 2020

August 6, 2020 by Georgi Hristov at Price Analysis, Price pages

Total crypto market cap added $15.2 billion to its value since Monday morning and now stands at $353.3 billion. Top ten coins were mostly in green for the last 24 hours with bitcoin (BTC) and ChainLink (LINK) being the best performers with 3.2 and 3.1 percent of gains respectively. At...

Ethereum Gas Fees Dips Amid Easing Network Congestion

August 5, 2020 by Aisshwarya Tiwari at Ethereum

The smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such...

Ethereum’s Multi-Client Medalla Testnet Goes Live Ahead of ETH 2.0 Launch

August 5, 2020 by Aisshwarya Tiwari at Ethereum

Ethereum’s highly-anticipated multi-client Medalla testnet is now live with 20,000 validators. The Final Testnet Before ETH 2.0 Ethereum’s final testnet before the launch of ETH 2.0, Medalla went live on August 4, 1 PM UTC. According to the team, the Medalla testnet is essentially a “dress rehearsal” for the impending...

Coca-Cola Bottling Manager to Use Baseline Protocol to Streamline Supply Chain Management

August 4, 2020 by Dalmas Ngetich at Blockchain

The Atlanta-based Coke One North America (CONA) services--a tech partner of North America’s 12 largest Coca-Cola bottlers, plans to utilize the Baseline Protocol as a technical backbone and establish the Coca Cola Bottling Harbor in partnership with Provide and Unibright. This will enable a “low barrier network joining process for Coca-Cola Bottling...

1 Confirmation with Jeff and David Episode 10 – August 3, 2020 – Special Guest: Kiana Danial of InvestDiva.com

August 3, 2020 by 1 Confirmation with Jeff and Emilio at Bitcoin, Interviews, Podcast

Bitcoin surpasses $11,000 - where is it going next? The dollar is falling as the economy contracts - what does this mean for Bitcoin and Ethereum? All this and more with our special guest Kiana Danial of InvestDiva.com. Join us! https://pod.co/1-confirmation-with-jeff-and-emilio/1-confirmation-with-jeff-and-david-episode-10-august-3-2020-special-guest-kiana-danial-of-investdiva-com [intro-music] Jeff: Live from BTC Manager world headquarters,...

Proof of Stake's Claim to Fame Could Stretch Beyond Ethereum

Ethereum Foundation is Building a Security Team for ETH 2.0 Rollout

August 3, 2020 by Shaurya Malwa at Ethereum

A security team has been set up to handle any security issues ahead of Ethereum’s staking upgrade, a developer said Sunday. Bolstering Security The Ethereum Foundation (EF) is not taking any chances when it comes to the much-awaited ETH 2.0 launch. The protocol has been delayed numerous times (it remains...

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