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Crypto News
Flipped: Ethereum now processes 28% more transactions than Bitcoin
Messari estimates Ethereum’s daily transaction volume is now 28% greater than Bitcoin’s. The daily volume of transactions on the Ethereum (ETH) network is now 28% greater than on Bitcoin (BTC), according to crypto analytics firm Messari.
On…
1/18: BTC, ETH, DOT, XRP, ADA, LTC, BCH, LINK, XLM, BNB
Altcoins are beginning to lose bullish momentum as Bitcoin price struggles to reclaim $40,000. Investors are beginning to worry that Bitcoin’s (BTC) uptrend could be in peril after the top-ranked cryptocurrency failed to pull above the…
Wrapped Bitcoin ‘Burns’ Increase as Traders Rotate Capital Out of Cooling DeFi
Wrapped Bitcoin, the bitcoin-backed token on Ethereum now worth over $2 billion, has seen an increase in burns (or “unwrappings”) by some of its largest users as the Ethereum-based decentralized finance sector continues to cool.BitGo…
Terra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPL
The creators of stablecoin platform Terra announced the launch of the Mirror Protocol Thursday, a way to mint crypto assets that mimic the value of shares in publicly traded companies like Apple or Tesla.“We were motivated to create a way…
Bitcoin Undervalued Relative to Gold, Equities, Tudor Jones Says
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which…
Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry.On Wednesday, three U.S. congressional Democrats announced the STABLE Act, an 18-page…
Kraken pledges $150,000 to Ethereum devs in latest Gitcoin Grants Round
This is a first for the traditionally Bitcoin-centric exchange. The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin.
Gitcoin is a developer-funding…
Protocol Hosting Google reCAPTCHA Competitor Expands to Polkadot
Human Protocol, the backbone for anti-bot system hCaptcha, announced Thursday it will be expanding beyond Ethereum to a future Polkadot parachain, Moonbeam. The move also prepares for the addition of a new distributed job marketplace…
Blockchain Bites: Bitcoin’s Edge as a Hedge and Crypto’s Reaction to the STABLE Act
At stakeDestabilizing Act?Crypto Twitter, like the U.S. Congress, is largely divided between warring factions and in-groups. But for once it looks unified. All it took was a proposed bill to further regulate stablecoin issuers, the…
Valuing Open Source: Principles for Acquiring DeFi Projects
As decentralized finance sees its first mergers and acquisitions, we’re left with a big question: How do you value an open-source project in a very new field like DeFi? The whole thing is fascinating, almost a contradiction! An…