#ethereum

AVA Releases Public Testnet, A Scalable Infrastructure For Building DeFi Apps

Crypto News Point

Apr 22, 2020
2 min

AVA Releases Public Testnet, A Scalable Infrastructure For Building DeFi Apps

AVA, the next-generation blockchain platform, has launched its first of two planned public testnet releases, a scalable infrastructure for building decentralized finance (DeFi) applications. The first release allows participants to connect to a global network of validators and participate in high-velocity transactions. Remember when barely a month ago, we open-sourced our code? Have you had fun testing Gecko? Well – it’s about to get even more fun. Today’s Cascade Release d

DeFi Lending Protocol dYdX Produces More Than $1B In DeFi Loans Over One Year

Crypto News Point

Apr 20, 2020
1 min

DeFi Lending Protocol dYdX Produces More Than $1B In DeFi Loans Over One Year

DeFi lending protocol dYdX has produced more than $1 billion in loans since launching one year ago. Consecutive monthly all-time highs during February and March of more than $250 million and $400 million respectively resulted in this. Overall, nearly 317,000 transactions have been generated across the lending platform. In the past year, dYdX has originated well over $1 Billion in loans 💸🤑 pic.twitter.com/ZJynUQ7JXy — dYdX (@dydxprotocol) April 18, 2020 This is according to

Etherscan Launches Machine-Learning Powered Surveillance Engine And Address Illegal Activities

Crypto News Point

Apr 16, 2020
2 min

Etherscan Launches Machine-Learning Powered Surveillance Engine And Address Illegal Activities

Etherscan, the popular Ethereum (ETH) block explorer, has launched a machine-learning powered surveillance engine to flag ETH and wallets that are associated with illegal activities. Etherscan Launches Fraud Monitoring and Address Blacklisting #ethereum #crypto https://t.co/JvROSiAql2 — Ethereum Insider (@InsiderEthereum) April 15, 2020 It has been reported that wallets that have originated from illegal sources will now be blacklisted by allowing users to identify when coins

Atomic Loans Secures $2.45M Seed Funding To Build A Bitcoin DeFi Solution

Crypto News Point

Apr 15, 2020
1 min

Atomic Loans Secures $2.45M Seed Funding To Build A Bitcoin DeFi Solution

On April 14, Startup Atomic Loans announced the launch of its Bitcoin-based decentralized finance (DeFi) product while raising $2.45 million in seed funding led by Initialized Capital and with participation from ConsenSys, Morgan Creek Digital and Joe Lallouz and Aaron Henshaw from Bison Trails. Users can deposit Bitcoin and and take out DAI and USDC loans. The platform works in a similar way like that of MakerDAO or Compound. A borrower must lock up his BTC collateral in a s

Crypto News Point

Apr 13, 2020
2 min

Reddit May Use Community Points In The Form of Ethereum’s ERC-20 Tokens

Social media giant Reddit seems to be experimenting with Community Points in the form of Ethereum’s ERC-20 tokens. In a first of its kind, users of Reddit can now convert their Reddit time into tokens called Reddit Community Points. The launch of Community Points represents ownership of a subreddit, on Ethereum. A video on April 11 by posted Reddit user, MagoCrypto explains how the system will work based on an FAQ copy: UPDATE: Reddit’s blockchain-based points system confirme

CasperLabs Decides To Launch Its Own Blockchain

Crypto News Point

Apr 9, 2020
3 min

CasperLabs Decides To Launch Its Own Blockchain

CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain. ETH 2.0 Development Firm CasperLabs to Work on Its Own Blockchain #Ethereum #blockchain via https://t.co/ENCvS3DOSn https://t.co/iR4rb2sfxi — Brokerless-IEO2020 (@ieo2020) April 8, 2020 It has been reported in an announcement that CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax.

Why DApps Are The Next Big Thing In The Future Of Decentralization?

Crypto News Point

Apr 7, 2020
5 min

Why DApps Are The Next Big Thing In The Future Of Decentralization?

DApps or decentralized apps are decentralized, anonymized, and safer owing to blockchain technology. The nature of decentralized apps or DApps can be summed up as distributed, flexible and transparent as they have the potential to transform the technological landscape in regards to the future of decentralization. So let’s dive on to why DApps are the next big thing!! Although, there are various applications that we can download from the Google Play Store and Apple store. Simi

Decentralized Finance: What Exactly Is The DeFi Revolution?

Crypto News Point

Apr 4, 2020
3 min

Decentralized Finance: What Exactly Is The DeFi Revolution?

DeFi or Decentralized finance are those financial services that are provided through decentralized platforms and not controlled or managed by any single entity, but through a public and an open IT protocol. DeFi platform proves to be a promising revolution in the blockchain space that can ultimately lead towards wider adoption. DeFi is to finances what cryptocurrencies are to money. It brings decentralization and digitalized trust to finances. The term Decentralized finance o

Solana Partners With Chainlink To Build A Speedy Oracle For DeFi Apps

Crypto News Point

Mar 25, 2020
3 min

Solana Partners With Chainlink To Build A Speedy Oracle For DeFi Apps

Blockchain platform Solana has joined up with decentralized oracle solution Chainlink to construct an oracle that updates incredibly quickly. Solana CEO and founder Anatoly Yakovenko told in an interview “We recently saw market failures due to congestion on Ethereum, including oracle failures,” while adding: “What we’re building with Chainlink is a high-frequency oracle that can give a price update every 400 milliseconds — and because of our capacity, we shouldn’t see those k

Season 0 Begins For Ethereum Based Card Game Skyweaver

Crypto News Point

Mar 23, 2020
2 min

Season 0 Begins For Ethereum Based Card Game Skyweaver

Horizon announced that season 0 of SkyWeaver had commenced. The season will be live until the launch of SkyWeaver’s open-beta version. On March 21, SkyWeaver, the forthcoming free-to-play blockchain-based card game from Horizon Blockchain Games has opened its final closed-beta season. Season 0 is now live until the launch of our Open Beta! Jump back into #SkyWeaver, ascend the ranks to become one of the top 500 players in Discovery or Constructed, and win a Gold card & more!

Baseline Protocol Code Allows Private Systems To Be Built On Ethereum Is Now Available On GitHub

Crypto News Point

Mar 21, 2020
2 min

Baseline Protocol Code Allows Private Systems To Be Built On Ethereum Is Now Available On GitHub

The open-source Baseline Protocol code allowing private systems to be built on the Ethereum public blockchain has now been published to GitHub. This means that the EY, Microsoft and ConsenSys-developed protocol is available to the public. The open-source Baseline Protocol code allowing private systems to be built on the Ethereum public blockchain has now been published to GitHub, as of March 19.#Ethereum #baselineprotocol #githubhttps://t.co/sopzPhewxN — ethereum.network (@Et

Chinese Journalist Published Report On Coronavirus Within Ethereum, Amid Censorship

Crypto News Point

Mar 18, 2020
2 min

Chinese Journalist Published Report On Coronavirus Within Ethereum, Amid Censorship

Amid censorship in China of all coronavirus-related content circulating online, Sarah Zheng, a journalist for the South China Morning Post, claimed to have managed to publish an interview made to a doctor about the coronavirus within Ethereum network. According to a tweet published by Zheng, Dr. Ai’s words from Wuhan (the epicenter of the COVID-19 outbreak) were posted on the Internet, thanks to the use of Ethereum blockchain to store its content in the network. my WeChat tim

Sandbox Game’s Third Presale Of Virtual Lands Starting Soon

Crypto News Point

Mar 18, 2020
2 min

Sandbox Game’s Third Presale Of Virtual Lands Starting Soon

The Sandbox (TSB), a mobile creation game with more than 40 million downloads, announced on March 12 they would be holding a third presale of the game’s virtual spaces called LAND starting on March 31st at 1:00 PM GMT. Ethereum users will soon be able to take advantage of another blockchain-based game with nonfungible token technology. Announcing the third LAND presale, which will open its gates on March 31st! We'll have brand new features prepared for you and a massive partn

ETH-Based Social Network Sapien Partners With IEO Project Matic Network

Crypto News Point

Mar 17, 2020
2 min

ETH-Based Social Network Sapien Partners With IEO Project Matic Network

Ethereum-based social network Sapien has unveiled updates to its platform, as well as a partnership with the initial exchange offering project, Matic Network. We're thrilled to welcome @sapien_network, decentralised alternative to Reddit, into the Matic ecosystem! Through Matic, Sapien users will be empowered with high-throughput, low-fee infrastructure for transactions, tips & post promotion. Read more: https://t.co/Gxd7ah8K0H pic.twitter.com/k1M6k9HSX3 — Matic (@maticnetw

Gitcoin Pledges Development Grant Towards Coronavirus Initiatives

Crypto News Point

Mar 16, 2020
1 min

Gitcoin Pledges Development Grant Towards Coronavirus Initiatives

Ethereum-based crowdfunding platform, Gitcoin, joins fight against coronavirus by pledging at least $50,000 in development grants toward coronavirus-related initiatives. On March 14, Gitcoin tweeted that its fifth round of grants already has $50,000 committed toward “public health” initiatives. However, it is seeking to reach a minimum of $100,000, with the goal of distributing sufficient funds to multiple efforts. Gitcoin Grants Round 5 (starting 3/23) will include at least

Two Italian High Schools To Begin Issuing Easily Shareable Digital Diplomas With Blockchain

Crypto News Point

Mar 14, 2020
1 min

Two Italian High Schools To Begin Issuing Easily Shareable Digital Diplomas With Blockchain

Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology. Two Italian High Schools to Issue Digital Diplomas With Blockchainhttps://t.co/06ro2nUqb2#blockchain #education #Italy — Topp Jirayut Srupsrisopa™ (@toppjirayut) March 14, 2020 On March 12, it has been reported by Cointelegraph Italia that the measure seeks to make the entire process of issuance and traceability transparent, but abo

Horizon Blockchain Games Raised $5M For Ethereum Based Card Game SkyWeaver

Crypto News Point

Mar 9, 2020
2 min

Horizon Blockchain Games Raised $5M For Ethereum Based Card Game SkyWeaver

Horizon Blockchain Games raised $5 million in capital for ethereum-based card game SkyWeaver. According to TechCrunch, the principal investors included Initialized Capital, with additional funds from Regah Ventures, ConsenSys, Digital Currency Group, Polychain Capital, Golden Ventures, and CMT Digital. Horizon raises another $5M to put virtual items on the blockchain and launch its first game Want to see a crypto team that ships amazing product? A deep and engaging game to b

Polkadot Gears Up For Network Launch With Chainlink Integration

Crypto News Point

Feb 26, 2020
2 min

Polkadot Gears Up For Network Launch With Chainlink Integration

Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance (DeFi) and other advanced smart contracts. Chainlink has completed an initial integration on Kusama, a canary network for Polkadot similar to a testnet. "Chainlink is set to become the first and primary oracle provider for all @ParityTech #Substrate-based

Mattereum Processed Over $10,000 William Shatner Figurines On Ethereum

Crypto News Point

Feb 19, 2020
2 min

Mattereum Processed Over $10,000 William Shatner Figurines On Ethereum

Mattereum’s platform for authenticating collectible items is now live, and it’s already processed several $10,000 William Shatner figurines. According to its website, Mattereum “has the tools to make physical goods flow around the world as easily as information using Ethereum blockchain smart contracts.” Mattereum honoured to be working with Mr @WilliamShatner on this incredible project. More details: https://t.co/6O0iWYit3n https://t.co/utcTbhMjBL — Mattereum (@mattereum) M

Gaming And Digital Collectibles Creation Platform Launched By Enjin On Ethereum

Crypto News Point

Feb 19, 2020
1 min

Gaming And Digital Collectibles Creation Platform Launched By Enjin On Ethereum

Blockchain startup Enjin launched its gaming and digital collectibles creation platform on the Ethereum mainnet. The new initiative was made on Feb. 18 while aiming to make game creation and creative projects on the blockchain simpler for a wider community. For more than two years, we've been building an integrated ecosystem to help blur the line between the imaginary and real. Today, we are thrilled to announce that a key element of this ecosystem—the Enjin Platform—is now