A wrapped token is an ERC-20 token with a value identical to another asset that it represents, either through a smart contract or by being backed one-to-one with the underlying asset. It is an asset hosted on the Ethereum blockchain with a price that is the same as another underlying asset, even if it’s not on the same blockchain or on a blockchain at all. A wrapped token is a multi-institutional asset tokenization framework that adheres to the centralized approach. However,

NEAR, a blockchain protocol integrates Chainlink (LINK) decentralized data oracles. NEAR blockchain is built around a new consensus algorithm called Doomslug and employs sharding to achieve scalability. Blockchain platform @NEARProtocol has integrated #Chainlink live on testnet. NEAR developers can now use Chainlink's large collection of secure nodes, external adapters for premium APIs, Price Reference Data and more to build universally connected dApps. https://t.co/KxpUdt0p9

Just like how actual farmers measure their crop yield based on the total amount of crop that is grown, similar DeFi advocates have used the somewhat similar terminology called yield farming to measure yield based on the amount of interest on top of assets such as Dai, USDC, and USDT on when putting to use in DeFi platforms. 2020 has been a good year for the DeFi sector before yield farming came onto the scene. DeFi Pulse reveals that there are around $1.9 billion in crypto as

Decentralized predictive betting market platform Augur (REP) has announced the deployment of its v2 upgrade. The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets. Augur v2 Launcheshttps://t.co/FVXKp6tksX — Augur (@AugurProject) July 28, 2020 It also intends to introduce support for the Dai stablecoin and other popular DeFi protocols, and to institute an affiliate program. On July 29, Augur

China’s Blockchain-Based Service Network (BSN) will be integrating 30- 40 public blockchains within a year. He Yifan, CEO of Red Date Technology, the private company behind the BSN said that the network aims to integrate some of the most well-known public blockchain networks by June 2021. In the following year, it will further integrate more blockchains in an effort to double that number. Launched in April, BSN is China’s first government-backed blockchain initiative that was

Bitcoin (BTC) price rallied above $10,000 to set a new monthly high at $10,315. This comes after a rather uneventful weekly close which saw Bitcoin on CoinMarketCap close above an important multi-year descending trendline. However, a few hours after the close, Bitcoin price surged above the $10,100 resistance zone. Weekly price chart. Source: Cointelegraph Analysts now expect traders to target $10,500, and above this level price with estimates ranging from $11,000, $14,000 an

A smart contract is a set of computer code between two or more parties run on top of a blockchain and constitutes of the set of rules which are agreed upon by the involved parties. To put it simply, smart contracts are automatic executable lines of code stored on a blockchain that contains predetermined rules. The concept was first introduced by Nick Szabo, a legal scholar, and cryptographer in the year 1994. Szabo highlighted that any decentralized ledger can be used as self

José Delbo, a comic book artist for both DC and Marvel, launched a week-long exhibition on July 23 in the Ethereum-based virtual reality world, Decentraland. Delbo, who started his career at the age of 16, is known for drawing iconic figures such as: Wonder Woman for DC Comics Transformers for Marvel 🔥NOW The @jose_delbo exhibition in @decentraland is now open! A celebration of Delbo’s #comic timeless art w/ special voice overs & a scavenger hunt with Death comic book edi

After a two-month ongoing testnet run, blockchain scalability solution, Matic revealed that it was able to process 7,200 transactions per second (TPS). Our CS-2008 testnet, which is a replica of mainnet, achieved 7,200 TPS on a single sidechain during stress testing with 120+ “public” validators!⚡️ A new era of high-speed, low-cost transactions has dawned for the Ethereum DApp ecosystem #PoweredByMatichttps://t.co/sF5LoX9dAA — Matic (@maticnetwork) July 14, 2020 On July 14

Unstoppable Domains, focused on blockchain-based uncensorable websites, has launched a decentralized chat protocol, “Unstoppable Chat” or “Dchat”. Unstoppable Chat aims to promote confidentiality through a peer-to-peer network and end-to-end encryption. Unstoppable Chat 💬 Messages are stored on p2p storage and are encrypted. You control them, not us. Message directly from one domain to another domain. Chat With: – @AlexMasmej.crypto – @hashoshi4.crypto – @funontheride.cryp

Arca Labs has begun trading for its new digitized security, the ArCoin that runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund. On July 6 an announcement was made by the firm stating that ArCoin is registered with the Securities and Exchange Commission and is composed of 80% U.S. Treasury securities. EXCLUSIVE: Investment manager Arca uses ethereum in first SEC-registered fund for digital shares: https://t.co/O18ei98iiE by @CharlesLBovaird — Fo

Popular Ether (ETH) wallet and browser extension, MetaMask has just released a new major application upgrade, offering a number of new features like enhanced privacy control and a new account-login system. On July 2 MetaMask announced the new update, MetaMask Version 8. Its “Unparalleled Privacy Control” feature is focused on protecting private user information while connecting the app to a certain website. Today we are beginning to roll out a big update: MetaMask Version 8!h

Ethereum-based prediction market Augur has a new launch date for its new version of the platform starting July 28. According to an announcement on June 29, Augur v2 will launch on the Ethereum (ETH) mainnet at the end of next month. Augur v2 will launch on July 28, 2020. https://t.co/yhTqtV9dlS — Augur (@AugurProject) June 29, 2020 It means that REP token holders need to manually migrate their coins to the new version, REPv2. Augur stated that current tokens will be renamed

Eight tech startups from seven different developing economies will receive an investment of Ethereum cryptocurrency from the UNICEF Cryptocurrency Fund. UNICEF’s crypto-enabled investment vehicle has given these companies 125 ETH, worth approximately $28,600. UNICEF #Cryptocurrency Fund announces its largest investment of startups in emerging economies. Among the awardees are companies expanding work to use their technologies to mitigate the hardships of #COVID19 on childre

Ethereum wallet app, MyEtherWallet is releasing a feature named “Host Your Own Site” that provides an easy interface for its users to upload a website to the InterPlanetary File System, or IPFS. IPFS-based websites are tied to Ethereum-based domain name services, such as ENS and Unstoppable Domains featuring either “.eth” or “.crypto” suffixes. You can now put your content on the decentralized web with MEW in just a few steps with @IPFS support for .eth and .crypto domains!

Telos blockchain is set to enable developers to create and run Ethereum-compatible smart contracts without the transaction fees. Telos is a smart contract platform that supports the creation of dapps and decentralized autonomous organizations running on EOSIO (software underlying the EOS blockchain). As of June 18, the network launched an Ethereum Virtual Machine (EVM) on its testnet. Apparently, it is the first implementation of EVM on an EOSIO blockchain. Developers are bei

Blockchain firm Prysmatic Labs announced the launch of a new test network, Onyx Testnet for Ethereum 2.0 blockchain. On June 10 Prysmatic Labs announced that it is launching the Onyx Ethereum 2.0 testnetThe new test network represents an improvement over the previous Topaz testnet. Introducing our next test network release: 💎The Onyx Testnet💎 ✔️32 ETH deposits ✔️Full mainnet configuration ✔️Latest ETH2 phase 0 spec v0.12.1 ✔️Multiclient ready ✔️80+ contributors Send you

The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365. The new functions will allow maintenance of verifiably consistent records using a spreadsheet in conjunction with an enterprise resource planning solution. Baseline published a proof-of-concept on June 8: It demonstrated “baselining” of spreadsheet data to verify that multiple independent private databases hold the same records. Basically, to verify that records held by separate enti

Decentralized application development company, ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued on Ethereum. On June 8 Bloomberg published an article stating that it would release a service for decentralized finance (DeFi) projects and crypto exchanges to analyze trades for tokens issued on the Ethereum network. Today we launch #CodefiCompliance, an automated and agile regulatory and

The first version of Matic network mainnet is now live. On May 31. an official announcement was made stating that it had brought 10 nodes online, the first volley of a network Matic hopes to grow tenfold. With the rollout, Matic can now run dapps and support asset transfers between its network and the ethereum mainchain. Matic Network's mainnet block explorer is now live! 🥳 Check it out: https://t.co/WaZpE6sVYN https://t.co/7VLMR4nV8w — Matic (@maticnetwork) June 1, 2020 L