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Sometimes referred to as the “Stripe” of cryptocurrency industry, crypto payments firm Wyre has honed in on helping mainstream users interact with digital assets in seconds. Now, the next frontier for the firm is the rising decentralized finance ecosystem built atop Ethereum. Back in October, the S..
Ether is the “gas” and currency of the Ethereum network. As a testament to the growing use of that network, the USD value of ether locked up in Ethereum-powered decentralized finance applications, or DeFi dApps, crossed an all-time high of $700 million on November 29th. That milestone has many Ethe..
Plenty of stakeholders in the blockchain ecosystem think Proof-of-Stake (PoS) consensus, wherein users “stake” money in specialized wallets to secure a network in exchange for staking rewards, is the future of cryptocurrencies. The biggest development in the arena is yet to come, namely Ethereum’s p..
Has the inertia of Ethereum and its consequent accrual of most of the cryptoeconomy’s most popular decentralized finance apps made it “unforkable,” i.e. unlikely to split on political grounds like the Ethereum vs. Ethereum Classic schism? Two researchers think it’s possible. That’s per Leland Lee ..
New projects are arising all the while in Ethereum’s decentralized finance, or DeFi, ecosystem. The arena’s latest oncomer wants to bring what it hails as “smart bonds” to life on the most popular smart contracts platform. On October 29th, the Australia-based Maple project announced its fruition in..
Decentralized finance (DeFi) has been making waves over the last several months following the surge in platforms and products offering DeFi services. Decentralized lending platform MakerDAO has risen to prominence amid impressive adoption of its stablecoin Dai, but is only part of a subset of a gro..
Never heard of the Synthetix (SNX) project? You’re not alone. Some stakeholders in the Ethereum ecosystem are just now hearing about Synthetix after the address linked to the popular Silicon Valley venture capital firm Andreessen Horowitz, or a16z, bought up approximately $235,000 USD worth of SNX ..
Signals of growth continue to light the way forward for the Ethereum ecosystem, with the latest being a newly established record for the total value locked in decentralized finance projects when that value is denominated in ether (ETH). That’s per tracker site DeFi Pulse, whose “Total Value Locked ..
Call it Open Finance. Call it DeFi. Call it whatever you’d like. In any case, a major trend in the Ethereum ecosystem lately is disintermediating complex financial operations to make it easier than ever for users to turn money services into a “do it yourself,” or DIY, activity. The latest developme..
The operators of the Nasdaq, the second-largest stock exchange in the world, have added a new index to their bustling platform that notably tracks cryptoeconomy and decentralized finance (DeFi) natives like Augur and MakerDAO. That index, dubbed DeFiX, is backed by the international brokerage brand..
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