Bitcoin.com, owned by Roger Ver, withdrew its support for a proposal that would coerce miners to divert 12.5% of the Bitcoin Cash block reward to a development fund.
Maker, the Ethereum-based DeFi protocol, remains dominant in decentralized finance, but competitors such as Compound, Uniswap, and Synthetix showed strong growth in 2019.
Syscoin has launched a new interoperability protocol called Syscoin Bridge, which enables ERC-20 tokens to cross back and forth between the Ethereum and Syscoin blockchains.
Easing Ethereum’s Scalability WoesThe Bridge protocol means that Ethereum developers can leverage Syscoin’s higher throughput and lower transaction fees for their dApps. If they choose to do so, all existing smart contract functionality will be preserved, and their dApp token supply will be maintained across both blockchains.
Carbon Money has announced that the project is leaving the stablecoin space. The team said that they would instead be pursuing their “better-performing credit/debit card on-ramp.”
Some, particularly those from the EOS community, were caught off guard by the move.
Bitcoin is back above $9,000 and several technical indicators estimate that it could soon enter a parabolic move.
A Bull Rally Is on the HorizonFollowing the recent price rejection off the 200-day moving average on Jan. 19, Bitcoin plunged over 10%.
Recent developments in Telegram’s legal battle have revealed the names of investors who participated in the company’s multi-billion dollar token sale in 2018, as first reported by CoinDesk on Jan. 27.
Most notably, statements during the deposition of Telegram CEO Paval Durov revealed that Mickey Malka of Ribbit Capital was an early investor. Malka is best known within the cryptocurrency industry for his role in the now-defunct Bitcoin Foundation.
CherrySwap v2, an automated market maker for interest rate swaps, is an early insight into how DeFi can absorb traditional finance by recreating similar mechanisms in a permissionless manner.
Bitcoin Gold, a minor fork of Bitcoin, fell victim to a 51% attack last week, according to an independent report on GitHub.
Bitcoin Gold’s Low Hashrate to BlameAs explained by Vertcoin maintainer James Lovejoy, the cryptocurrency suffered two deep reorganizations on Thursday, Jan. 23 and Friday, Jan. 24.
Stablecoin giant Tether Ltd. has just launched a gold-backed cryptocurrency, which is price-pegged to the precious metal. The news was announced in a Jan. 23 web post.
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