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Ripple Head of DeFi: "25% of Value in DeFi Will Run on Networks other than Ethereum by End of 2021"

Ripple Head of DeFi: "25% of Value in DeFi Will Run on Networks other than Ethereum by End of 2021"

Ethereum has surged and recorded a new all-time high, and many seem to attribute its success to DeFi’s ever-growing ecosystem.

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

Ethereum Hit 1 million Daily Transactions since May 2018

Ethereum Hit 1 million Daily Transactions since May 2018

As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018.

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano Breaks Correlation with Bitcoin Price with Recent Partnership with Coinbase and Shelley Mainnet Launch

Cardano recently partnered with Coinbase Custody to allow ADA holders to stake and store their funds in a secure cold wallet. The launch is expected in Q4 of 2020, once the staking rewards on Cardano’s Shelley mainnet becomes available.

Ethereum (ETH) and Ripple (XRP) Price Analysis

Ethereum (ETH) and Ripple (XRP) Price Analysis

Price analysis for Ethereum and XRP amidst the ongoing crypto rallies

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet

With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.

Ethereum Mining Difficulty Has Reached an ATH

Ethereum Mining Difficulty Has Reached an ATH

Ethereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.

CoinMarketCap CSO, on DeFi for Fostering a More Open Economy

CoinMarketCap CSO, on DeFi for Fostering a More Open Economy

Following part one of our interview with Carylyne Chan, the Chief Strategy Officer at CoinMarketCap, she elaborated on seizing market opportunities in decentralized finance (DeFi) with a new product, Interest by CoinMarketCap. She also outlined the potential effects of staking regarding CMC’s operations and plans for 2020.

Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release

Ethereum Revamps Website And Transitions to Staking with Latest Testnet Release

Ethereum Foundation is transforming their website and adding new designs to ethereum.org to deliver a more user-friendly and educational experience for the Ethereum community.

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