The Urban Mine

Empowering Communities with E-Waste

DeFi craze propels Uniswap monthly volume to $15.3B, surpassing Coinbase

Uniswap processed $15.3 billion in monthly volume in September, outpacing Coinbase and signalling that DeFi is here to stay. Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume. In the same period, reports indicate that Coinbase processed $13.6 billion. Monthly decentralized exchange volume. Source: Dune […]

Price analysis 10/2: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, BSV, LTC

The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive. The shallow pullback in Bitcoin (BTC) following the news of the CFTC’s regulatory crackdown on BitMEX and the late announcement that U.S. President Donald Trump tested positive for coronavirus shows that the underlying sentiment is still bullish. […]

Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions

Oct 2, 2020 at 09:00 UTCUpdated Oct 2, 2020 at 13:27 UTC Nicolas Maduro, Venezuelan president(StringerAL/Shutterstock) Venezuela has launched a “decentralized” national stock exchange built atop the Ethereum blockchain. Enabled under a new law listed in the country’s Official Gazette on Tuesday, the exchange comes as part of new measures announced by President Nicolas Maduro […]

Cointelegraph Consulting: Whales accumulate Ethereum as sell pressure falls

Is Ethereum’s recent accumulation an omen of prosperity? Miners and whales signal increased confidence in the coin’s long-term potential. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that regular users are returning to Ethereum in response to lower transaction fees. Several influential Ethereum cohorts — including miners and some of Ethereum’s […]

DeFi Has a Front-Running Problem. Sparkpool’s Potential Fix Is Launching This Month

DeFi Has a Front-Running Problem. Sparkpool’s Potential Fix Is Launching This Month Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature in October, CoinDesk confirmed with Sparkpool co-founder Xin Xu. The network “will gradually go online” this month in what could be one solution to decentralized […]

SushiSwap’s liquidity grab actually made Uniswap stronger — Data shows

New data shows that one month after SushiSwap’s vampire mining attack Uniswap is the real beneficiary. SushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited Uniswap by bringing new money into its liquidity pools. […]

Researcher suggests miners are manipulating Ethereum blocks to exploit DeFi

Miner Extractable Value is no longer just a theoretical concept. Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV. Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the […]

First Mover: Nine (Bullish) Bitcoin Predictions for Final Months of (Awful) 2020

Oct 1, 2020 at 13:18 UTCUpdated Oct 1, 2020 at 13:44 UTC Even after bitcoin’s outperformance over the first nine months, analysts remain bullish on bitcoin. (Metropolitan Art Museum, modified by CoinDesk) First Mover: Nine (Bullish) Bitcoin Predictions for Final Months of (Awful) 2020 A lot of crypto investors like to think of bitcoin as […]

Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Oct 1, 2020 at 10:57 UTCUpdated Oct 1, 2020 at 12:55 UTC Ethereum art (CoinDesk archives) Ethereum miners earned over six times more in fees compared to those working on Bitcoin in September. Glassnode data shows Ethereum’s total transaction fees stood at an all-time high of $166 million for the month – far more than […]

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