Please share if you find this article interesting. Trading platform eToro launches Staking-as-a-service feature The eToro trading platform announced on Thursday the launch of a dedicated staking service for its clients, letting users earn staking rewards from Cardano (ADA) and Tron (TRX). Users who hold positions in either of these currencies will be eligible for staking rewards, awarded monthly. The company said that other assets will be introduced later on as well. The system is completely automated and does not require any action from the part of the users, who are able to trade the assets normally. An eToro spokesperson told Cointelegraph that the rewards are calculated based on daily snapshots taken at 00:00 GMT. The system calculates the corresponding reward to be distribut...
Please share if you find this article interesting. Researcher suggests miners are manipulating Ethereum blocks to exploit DeFi Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV. Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the miners’ unique protocol influence. Since miners have free reign over what transactions to include and in which order, this opens the way for several exploitation techniques for on-chain decentralized finance. Anonymous researcher Frank Topbottom highlighted several convincing instances of MEV in the wild, in what is likely to be the first time these activities have been noti
Please share if you find this article interesting. Bitcoin rises against USD after Mnuchin promises second stimulus check Bitcoin (BTC) may see a price boost this week as the U.S. dollar currency index (DXY) weakens and one analyst tells American voters to buy. Data showed DXY dropping for a fourth day on Oct. 1, as negotiations over a new coronavirus stimulus deal continued in Washington. Vays: “Buy Bitcoin” no matter who wins the U.S. election DXY and BTC/USD have demonstrated a strong inverse correlation in recent months. Recent DXY gains did not translate into intense selling pressure for Bitcoin, but fresh losses could yet buoy BTC bulls in the long term. The U-turn in DXY’s fortunes comes as the United States Senate attempts to thrash out a new deal on coronavirus aid which
Please share if you find this article interesting. Court finds blockchain firm guilty of license violation — but CEO vows to fight back Dutch open-source blockchain software developer Jelurida has won its case in the Netherlands against Apollo Fintech for breach of copyright. On Sept. 22, a Dutch court ruled against Apollo for cloning over 75% of its code from Jelurida’s Nxt (NXT) blockchain software code but failing to adhere to the developer’s Jelurida Public License (JPL). Alongside Nxt, Jelurida is also the developer of the Ardor blockchain. JPL permits other developers to freely use and modify Jelurida’s code for the Nxt blockchain — but its terms stipulate that they must keep it in the “copyleft” spirit of open source and distribute their derived products under the conditio
Please share if you find this article interesting. Calls for Maker (MKR) Rally Grow as Utility Touches Record High A skyrocketing utility statistics coming out of Maker, a peer-to-contract lending platform, has increased its governance token MKR’s bullish appeal among analysts. Chris Burniske, one of the partners at venture capitalist firm Placeholder in New York, highlighted the steadily growing locked value inside the Maker liquidity pool. The fund manager further presented that MKR as an undervalued token, for it didn’t receive the same increased investment as other tokens in the decentralized finance space. “People mostly sleeping on MKR while utility goes through the roof, and conversations abound around its value capture model,” tweeted Mr. Burniske on Thursday. 14 BT
Please share if you find this article interesting. Diginex goes public on Nasdaq following special-purpose acquisition Following a $20 million capital raise and reverse merger, digital finance company Diginex's stock has listed on the Nasdaq exchange under the ticker EQOS. Diginex is "the first Nasdaq-listed company that covers the full virtual currency ecosystem," Diginex CEO Richard Byworth told Cointelegraph in an interview. "I think this is hugely important for the development of the industry. Prior to this, you've pretty much only had exposure to direct crypto assets via ETF-like structures," he said, mentioning products such as those offered by Grayscale. Diginex is the parent of a number of different crypto and blockchain-focused entities, including crypto exchange Equos,
Please share if you find this article interesting. Australian dev aims to bring Cardano payments to Shopify stores An Australian developer has almost completed work on a Cardano (ADA) app that will allow all Shopify stores to transact in ADA tokens and other tokens that run on the Cardano network. The project is being developed voluntarily by Jeronimo Backes who wants to help bring utility to the blockchain. The independent developer told Cointelegraph that he chose Cardano not only because he is already invested in the network, both financially and emotionally, but because he sees it as the most enterprise-ready blockchain that can scale appropriately, adding: “Unlike others, this one is the one I think is being built to last. It’s not like Ethereum, EOS, Tron, and others who a
Please share if you find this article interesting. Atari Announces IEO Collaboration and Listing of the Atari Token with Bitcoin.com Exchange | Press release Bitcoin News Atari announces IEO collaboration on Bitcoin.com Exchange via its multi-asset trading platform. Public sale slated for November, details to be announced in the coming weeks. The Atari token will be listed on Bitcoin.com upon completion of the IEO. October 1st, 2020 – Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, announces today an agreement with Bitcoin.com Exchange for a public sale and the subsequent listing of the Atari Token (ATRI) on Bitcoin.com Exchange. Atari is evolving and envisioning a new mission to conquer the crypto space by creating a token to powe
Please share if you find this article interesting. Ripple (XRP) Reaches Crucial Juncture: Technicals Suggest Crucial Breakout Pattern Ripple is holding the key $0.2380 support zone against the US Dollar. XRP price must climb above $0.2450 to increase the chances of an upside break above $0.2550. Ripple is likely forming a crucial breakout pattern with support near $0.2380 against the US dollar. The price is now trading near the $0.2420 pivot level and the 100 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2450 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could either start a strong increase above $0.2450 or nosedive below $0.2380. Ripple Price is Holding Critical Support This week, we saw range ...
Please share if you find this article interesting. Report: 76% crypto miners use renewables as part of their energy mix The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from renewable energy sources as part of their energy mix. The study found that over 39% of the total energy consumed by PoW cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and others comes from renewable energy sources. This is in contrast to a previous such study by the university, which found that only 28% of the total energy consumed for cryptocurrency mining came from renewable resources. In