Category: Ethereum

As technology matures, more uses will emerge?

Before the age of smartphones allowed the average person on the street to snap a selfie with their favorite celebrity, autographs and signed memorabilia were highly sought after by collectors. Naturally, the value of these real-world, authentic and rare keepsakes are high and remain so today. However, thanks to the utility of blockchain technology, digital

Recur raises $5 million for perpetual cross-platform NFT royalties

Can a new non-fungible token (NFT) platform finally solve the problem of ecosystem-wide royalties? NFT platform Recur announced on Thursday a $5 million seed round led by the DeFi Alliance, Delphi Digital, Ethereum co-founder Joe Lubin, and Gemini, among others. The raise claims a number of notable superlatives, including the first seed investment in the

Liquidity mining is booming — Will it last, or will it bust?

By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion was collected from investors. But by early 2018, a study revealed that nearly half

Tokenized real estate inches forward despite legal, technical hurdles

An unusually rowdy (and informative) virtual panel at the Security Token Summit yesterday reveals the fractious difficulties of bringing regulated assets on-chain — as well as the promise and progress of the tokenized real estate use case despite those hurdles.  Michael Flight of the Liberty Fund, Jude Regev of Jointer.io, and Mohsin Masud of AKRU

SushiSwap launches margin trading with long-awaited Kashi release

Decentralized exchange SushiSwap has released Kashi, a specialized lending platform specifically designed for margin trading on the exchange. Kashi lets traders borrow assets for creating leveraged long and short positions, similarly to other lending platforms like Compound or Aave. SushiSwap’s Kashi aims to be more specialized than other lending protocols, allowing a wider selection of

Lighthouse’s first Ethereum and Eth2 merge transaction

Blockchain security provider Sigma Prime has announced its first merge transaction between the two Ethereum networks. The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet. It added that this was a step towards a 99.98% drop in Ethereum energy consumption, deriving that figure

$51K Bitcoin price not a problem as ‘structurally, nothing has changed’

On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn was not a surprise for many traders and some called for a possible test of the $47,000 support level. Despite Bitcoin’s loss of bullish momentum, several derivatives indicators, including a

Staked ETH Trust opens Ethereum staking to accredited investors

Staked, a blockchain infrastructure company and investment manager, is providing institutional investors with a new vehicle in which to invest in Ether (ETH) and earn staking rewards on the Ethereum 2.0 Beacon Chain. The Staked ETH Trust is now accepting private placement to accredited investors, the company announced Thursday. The Trust allows investors to gain

Uniswap V3 is here, but was it worth the wait? March 17–24

Finance Redefined is Cointelegraph’s weekly DeFi-centric newsletter, delivered to subscribers every Wednesday. Uniswap V3 was publicly announced yesterday and I didn’t really get a chance to write about it, so I wanted to dedicate this newsletter to a review of V3 and the AMM space in general. My initial reaction to Uniswap V3 in one,

VCs bet big on layer-two as StarkWare raises a staggering $75 million

As Ethereum gas fees soar and the demand for scalability reaches fever pitch, layer-two scaling solution has announced today a $75 million Series B funding round led by Paradigm, Three Arrows, Alameda Research, Pantera Capital, and Sequoia, among others.  The team announced the raise in a Tweet: Announcing our $75M Series B, led by @paradigm,