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This project wants to recreate Ethereum on Polkadot
MoonBeam wants Ethereum developers to feel comfortable on Polkadot. The MoonBeam project is planning on setting up a custom parachain that emulates the Ethereum Virtual Machine environment, effectively recreating Ethereum (ETH) on Polkadot…
Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It Caused
The Takeaway:The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two.The split resulted from a code change that was surreptitiously inserted into a…
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
“One billion Dai in circulation is a huge milestone and a powerful validation that people around the world want more access, more transparency and more opportunity to maximize their economic potential,” Rune Christensen, MakerDAO’s founder,…
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.Bitcoin (BTC) trading around $15,694 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours.Bitcoin’s 24-hour range: $15,293-$15,973BTC above its 10-day…
Venezuela’s Bitcoin Story Puts It in a Category of One
Venezuela is an example of cryptocurrency adoption during an economic crisis. No other economy facing hyperinflation has come near the South American nation in terms of GDP-adjusted activity on peer-to-peer crypto exchanges, according to a…
Discovering Bitcoin Through the #EndSARS Movement, Feat. Yele Bademosi & Akin Sawyerr
When the Nigerian government shut down EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.Yele Bademosi is CEO at Bundle social payments app and the founder of investment firm Microtraction. Akin Sawyerr is involved…
Flash Loans Aren’t the Problem, Centralized Price Oracles Are
Since the beginning of the year, the decentralized finance (DeFi) ecosystem has rapidly grown to more than $12 billion in total value locked. With this exponential growth, incentives have increased for malicious actors to manipulate and…
LiquidStake set to unlock liquidity for Ethereum 2.0 Phase 0 stakers
The solution is centralized, but time is pressing. As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits.
Prospective…
Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority…
According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at…
US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto
Several U.S. lawmakers are displeased by the Office of the Comptroller of the Currency and its focus on crypto and fintech during a pandemic-caused recession.Six members of Congress faulted the banking regulator’s stance on crypto custody…
