A new enterprise initiative launched by IOVLabs, the company behind the RSK Bitcoin sidechain, seeks to simplify blockchain development for governments and enterprises. The joint venture, called Extrimian, was established with Argentinian software provider Grupo Sabra to create the RSK Enterprise Cloud platform. The blockchain-as-a-service...
Month: September 2020
Uniswap’s UNI Bounces at Key Support as the Bull Case Continues Growing
Uniswap’s UNI token has been slowly grinding lower over the past few days, with buyers being unable to gain control over its short-term trend as the hype surrounding the token’s launch begins fading. That being said, UNI’s buyers are now moving to establish its recent...
Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark...
Overstock Short Sellers Fall Short as Judge Gives Digital Dividend Claims Short Shrift
Patrick Byrne and Overstock.com have prevailed over the digital dividend-doubting short sellers.
They’re Hacking DeFi Protocols Before They’ve Even Launched? – CoinDesk
When the DeFi degens caught wind of a new pre-release Andre Cronje project they piled in, only to get $16 million hacked away in a flash. DeFi is one of the breakout crypto categories of 2020. Indeed, yield farming and the grand game of “money...
Market Wrap: Bitcoin Holds at $10.7K; Uniswap Volume Drops – CoinDesk
As bitcoin struggles to hold the $10,700 price range Uniswap’s September volume set records but appears to be declining. Bitcoin (BTC) trading around $10,757 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,621-$10,924 BTC above its...
Coinbase Launches 5% Staking Rewards for Cosmos’ ATOM
ATOM is only the second cryptocurrency to join Coinbase’s staking rewards program.
Kadena Looks to Capture DeFi Energy With New Decentralized Exchange – CoinDesk
Hybrid blockchain platform Kadena plans to launch a new multi-chain decentralized exchange (DEX) in hopes of wooing business from congestion-plagued Ethereum-based rivals. Called Kadenaswap, the new DEX, unveiled Tuesday and set to debut late this year, will attempt to skirt Ethereum’s surging gas fees and...
Coinbase’s New Policy: Anti-Woke or Just a Joke? – CoinDesk
CEO Brian Armstrong’s letter has not just the crypto world but the larger world of tech and business talking about the role of corporations in society. Monday, Coinbase CEO Brian Armstrong published the innocuously titled “Coinbase Is a Mission-Driven Company.” While the post talked a...
Better Broadband Will Pave the Way for a ‘Brand New World’ – CoinDesk
Bandwidth will be the defining factor of modern life and social evolution going forward. With increased access to the internet as well as ever-advanced computing, it’s likely the tone and tenor of human existence will change forever. Augmented reality (AR), virtual reality (VR) and the...