A group of roughly 30 stake pools has formed an alliance on Cardano’s Shelley testnet to make block production more efficient.

However, the group, called the Inter Stake Pool Peering Agreement (ISPPA), was criticized by the Cardano community, with many saying that it goes against the decentralization principle on which Cardano was built. 

Several stake pool operators on Cardano’s Shelley Incentivized Testnet have banded together to form an allegiance.

An uprising led by the Tron Foundation has unveiled a new DeFi and stablecoin system labeled “Djed.”

Tron has launched a MakerDAO-style DeFi ecosystem, known as Djed. Djed is set to feature a TRX-backed, USD-pegged stablecoin, USDJ.

The move, signposted earlier in the year, was announced by the Tron Foundation’s Justin Sun on Twitter:

The Telos Foundation and Genobank.io are set to launch an app that helps users source COVID-19 testing.

With the coronavirus pandemic continuing to hit hard, Telos has launched an initiative with Genobank.io to create an app, Agerona, that will help users gain access to low-cost testing.

Bitcoin could be bolstered by the Federal Reserve’s rate cuts and years of money printing. After flooding markets with money over the last decade, the Fed may not be able to offer much support to a market that is now accustomed to low rates and cheap credit. 

To influence the economy, authorities have two tools: fiscal and monetary. 

Vitalik Buterin is one of the most influential people in crypto. He has amassed substantial wealth thanks to his role in creating Ethereum. We calculated his net worth.

Buterin wasn’t rich prior to creating Ethereum. His first major windfall was in 2014. That year he dropped out, at 20 years old, after receiving $100,000 through a Thiel Fellowship. From there his wealth only grew.

Slowly but steadily, “complex” smart contract transactions are overtaking standard Ethereum transactions. As these transactions need more gas to execute, the network risks becoming much more expensive as it makes room for DeFi operations.

Crypto exchange Binance has announced that they will be delisting FTX Exchange’s leveraged tokens. The announcement said that the exchange would delist the tokens due to users’ “lack of understanding of how leveraged tokens work.”

Ripple’s XRP is up 12% in the last 24 hours as it seems to be breaking out of a consolidation pattern. Now, this cryptocurrency could be preparing for a further advance.

Over the last two weeks, XRP has been mostly consolidating between $0.17 and $0.14. As a result, a horizontal resistance line developed along with the swing highs and a rising trendline along with the swing lows.

Binance Coin community engagement metrics are going through the roof after the world’s largest exchange by trading volume announced the introduction of a new product leaving investors wondering whether BNB’s price will follow.

By any measure, March has been a crazy month for most, not just bullish Bitcoin enthusiasts. Many of those who’ve managed to avoid being directly affected by the coronavirus have found themselves impacted by the economic fallout.