DeFi: Just Too Good to Be True? Can’t Take My Eyes Off of You | by Garrick Hileman | @blockchain | Oct, 2020
Can you really borrow money at negative rates, earn double-digit annual yields on savings deposits, and see 1000x token returns? As excitement over DeFi continues it is useful to remember just how small a percentage of the population is currently participating in not just DeFi, but crypto as a whole. Today, even as we approach
Ethereum 2.0 deposit contract to launch this week: ConsenSys dev
ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks. In a post announcing the launch of ‘V1.0.0 release candidate 0’, Edgington revealed the protocol’s deposit contract address feature should be announced this week. The deposit contract allows ETH to
Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance
Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September. Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours. Bitcoin’s 24-hour range: $11,409-$11,839 BTC above its 10-day and 50-day moving averages, a bullish
What are wallet descriptors? – Bitcoin Stack Exchange
An output descriptor is a human readable string that represents an output script (a scriptPubKey) and everything needed in order to solve for that script. Descriptors also have a bech32-like checksum which allows for the descriptor to be given to others with less risk of accidentally mistyping or losing some characters in the descriptor string.
bitcoin cash has lost 25% of its daily transaction count since last week : btc
OP seems to be a brand new account concern troll. For any newbies coming here wondering why there is so much pro-Bitcoin Core propaganda and lies, propagated by trolls such as OP, I would like to spread awareness about this issue, There are many signs that BTC has been infiltrated. When you put them all
Transparency at Coinbase. By Paul Grewal, Chief Legal Officer and… | by Coinbase | Oct, 2020
By Paul Grewal, Chief Legal Officer Coinbase believes that trust is built through transparency and honesty. As we continue on our journey to becoming the most trusted venue for anyone to interact with the cryptoeconomy, today we’re releasing a Transparency Report that shares insights into how we handle legitimate government requests for some customer data.
Here’s Why Bitcoin Breaking Higher Now Would Trigger a Massive Move
While Bitcoin has seen strong volatility on a day-to-day and week-to-week basis, it is flat on a macro scale. The crypto-asset has basically traded in the same $3,000 range for five months now. This has allowed macro volatility indicators to subside to critical historical points. Volatility analysis by one fund manager in the space suggests
Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe
This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper The Age and The New York Times, the J5 — a joint task force of tax authorities from major Western governments convened in the wake
Where Does Bitcoin Fit in the Global Reserve Currency Game?
On this “Speaking of Bitcoin” episode, join hosts Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy, and Jonathan Mohan for a look at the past, present and future of global reserve currencies In the beginning there was the global reserve currency (U.S. dollars,) national currencies like the Japanese Yen, alternative currencies like Ithaca hours and just one
blockchain – How to create bitcoin coin , coinbase transaction?
5 reasons why investing on Satoshi’s Angels Flipstarter is a game changer : btc
First of all I’m not associated with SA in any ways but I worked with them (as the meetup organizer of Kuala Lumpur) and I’m familiar with the extent of work they do. I’m also not receiving any amount from their campaign and I only talk about it because I believe their work is very
Will The US Government Get Ahead Of The Trickbot Botnet?
The Trickbot botnet has gathered notoriety for the danger that it poses to individuals and institutions. So much so that one of the World’s most devastating cyber threats was recently shutdown. This victory, though, can be attributed to the joint actions of the US Government, Microsoft, and several other cybersecurity firms. Public and Private Engagement
Coinbase Custody explores support for new digital assets | by Coinbase | Oct, 2020
We are continuing to explore the addition of custody support for new assets for customers around the world. Coinbase Custody is one of the world’s largest and most trusted crypto custodians. Since its inception, it has focused on providing a highly secure and sophisticated storage solution for institutions and individuals that hold large crypto holdings.
Despite Short-Term Outlook, Yearn.finance’s (YFI) Macro Prospects are Ultra Bullish
Yearn.finance’s short-term outlook has been grave, with bears being in full control of its price action as buying pressure begins drying up. The cryptocurrency’s recent descent has come about due to a myriad of different factors, including heightened founder risk, a fractured community, as well as the overall downturn in the DeFi sector. Additionally, relatively
Ledger’s recent security audit was unconnected to their data breach in June
Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1. This certification came following a significant data breach the company suffered in June. Ledger did not, however, decide to conduct its security audit because of the breach, according to comments from a Ledger representative.
Ethereum 2.0’s ‘Lock Up’ Will Drive DeFi Innovation
The “Summer of DeFi” might be over, but a looming event will give DeFi engineers a great incentive to crank up their “lego” innovation model and build more decentralized finance products: the Ethereum 2.0 upgrade. (See CoinDesk’s explainer here.) With thousands of Ethereum 2.0 validators expected to stash more than 500,000 ether in a restrictive multi-year
blockchain – How many addresses can be in input and output of a transaction
I have read through this question and i understand that there can be many sender and receiver addresses within 1 transaction(i’m new to bitcoin transaction, previous i was working with ethereum where 1 transaction can only have 1 sender and 1 receiver). I’m working with blockcypher api endpoint to monitor incoming bitcoin to an address.
[Suggestion] Getting People to Use the Blockchain Without Realizing It Is the Best Way to Bring Mass Adoption! : btc
With the way cryptocurrencies are right now, it seems that the entire market is taking an “investment first” approach, and holding coins as a part of their “portfolio” instead of actually using them to spend on goods and services (as cash). When most people think of Bitcoin, they think of it as an “investment” or
E-Crypto News Talks To Laurent Dedenis, CEO Of Chainstack
There have been a few tech firms within the crypto space that redefining how the crypto space functions. So much so that Chainstack entered into a partnership with Digital Asset. This partnership brought with it the entrée of DAML into the Chainstack ecosystem. DAML is an all-purpose markup language that allows for the deployment of
Easily Convert Crypto on Coinbase Commerce using Coinbase.com | by Coinbase | Oct, 2020
By John Zettler, Senior Product Manager At Coinbase, our mission is to create an open financial system for the world. One of the ways we will achieve this is by helping connect as many participants in the cryptoeconomy as possible. Connecting the cryptoeconomy will enable our customers to do more with their crypto, whether it