Ethereum, Bitcoin locked in DeFi rockets past $5 billion – Decrypt
The great DeFi boom of 2020 shows no signs of slowing, and the industry has reached yet another major milestone.
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ETH
Ethereum surges on, hits highest price in over two years – Decrypt
Ethereum is having itself a hot summer.
ETH started the day as the best-performing crypto in the top 10 by market cap. Yesterday, it jumped by 10%. Today, we can add another 10% on top of that.
The cryptocurrency is currently trading at a two-year high of $442 per coin.
Dave Portnoy pumps Bitcoin, would have made more money in Ethereum – Decrypt
Indulge us in this Friday Afternoon Moment of Conjecture. The “Baron of Bitcoin,” Dave Portnoy of Barstool Sports, claimed on Twitter yesterday that he had bought at least $1 million worth of Bitcoin.
“I’m 7 figures deep now in this stuff,” he tweeted.
Ethereum fees reach peak levels, Tether is to blame: report – Decrypt
It’s never been more expensive to get in on the Ethereum action.
That’s according to new analysis from blockchain intelligence firm Glassnode, who explored the source of skyrocketing fees that have resulted in nearly $7 million being paid in gas in a single day on Thursday.
A new way to earn interest on Bitcoin, Ethereum from crypto apps – Decrypt
Wyre creates the payment APIs that make many a crypto app tick, with partners such as MetaMask, MakerDAO, Compound, Coinlist, and OpenSea on its extensive list of allies. And soon, you may see those apps offer savings sub-accounts to earn you interest on your cryptocurrency holdings.
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How Ethereum fuelled the NFT boom – Decrypt
For three months toward the end of 2017, Dieter Shirley and his team sat in a little room in the corner of a startup foundry in Vancouver and developed ERC-721, an Ethereum token standard that made digital art “verifiably scarce.
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DEXs see more volume in past 7 days than all of 2019 – Decrypt
Decentralized exchanges (DEXs) enjoyed more trading volume in the past week, than in the whole of last year, according to data from Dune Analytics.
Record-beating DEX trading volumes are becoming a daily occurrence, thanks to the booming Decentralized Finance (DeFi) space.
Ethereum futures open interest reaches $1.5 billion – Decrypt
The total value of outstanding Ethereum (ETH) futures contracts has reached an all-time high of $1.5 billion today, according to crypto analytics platform Skew.
Also known as open interest, this figure reflects the current total value of Ethereum futures that have not been settled yet.
Anonymous DeFi user deploys Curve’s CRV token early – Decrypt
The next big thing in DeFi governance is out in the wild—sort of, and a little sooner than the team at Curve Finance initially planned.
At 2:25pm ET, an anonymous DeFi user tweeted that he had deployed the open source CRV token and CurveDAO contracts on the Ethereum mainnet.
MyCrypto has a plan to stop Ethereum scams succeeding – Decrypt
Ever fallen foul to a cryptocurrency scam?
Blockchain interface MyCrypto has released a new feature designed to prevent anyone sending money to scam Ethereum addresses.