Aave proposal to peg Ethena’s USDe to USDT sparks community pushback

Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4.The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds…

Bitcoin (BTC) price continued trading around $9,500 July 30 as analysts suggested the end of the month could still provide a fresh move upwards.Market visualization. Source: Coin360All eyes on futures and 50-day moving averageData from Coin360 revealed little change in Bitcoin’s behavior Tuesday after the largest cryptocurrency suddenly lost $800 over the weekend. As Cointelegraph reported,…

Australian energy technology company Power Ledger and Japanese Kansai Electric Power Co. (KEPCO) have completed a joint trial of a blockchain-based system for post-FIT (feed-in tariff) surplus power in Osaka.P2P transaction of surplus powerIn an announcement published on Aug. 12, Power Ledger revealed the test completion of a peer-to-peer system demonstrating benefits for post-FIT surplus…

Nearly 40% of new fintech firms to launch in Hong Kong over the past year are operating in the blockchain sector. 1866 Total views 50 Total shares Blockchain firms are increasingly dominating Hong Kong’s financial technology sector, with 39% of new firms launching in the country’s fintech industry last year operating with distributed ledger technology,…

Singh’s former colleagues Ellison and Wang consented to stays in their CFTC cases; Singh has agreed to submit a consent order proposal in the CFTC case. 232 Total views 5 Total shares Own this piece of history Collect this article as an NFTCivil charges were announced against former FTX director of engineering Nishad Singh on…

Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years.As risk assets across the global economy take a hammering and the U.S. dollar surges, the largest cryptocurrency is on a limp footing.September, having started out on bulls’ side, is now living up to…

Bitcoin derivatives trading is on the rise as institutional investors flood the market. 2520 Total views 17 Total shares CME Group has become the world’s largest Bitcoin (BTC) futures market following a surge in open interest over the past month, industry data shows. In a Friday tweet, Arcane Research announced that CME had overtaken OKEx as…

As of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of these are call (buy) options, meaning buyers can acquire BTC futures at a fixed price.As the expiry draws near, call…

Was the Uniswap fork that created SushiSwap a good thing for the DeFi sector? Crypto startup investor and IDEO Managing Director Ian Lee has revealed how DeFi protocols can avoid being cloned and drained of liquidity by improving upon their design and governance from the start. When SushiSwap forked from Uniswap on Friday, August 28, it…