Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT).The network's popularity – and the high fees of transacting on it – has inspired a bevy of competitors aiming to undercut … [Read more...] about Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
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FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools
In the upcoming tech sprint, which doesn't yet have a specific start date, participants will be asked to come up with a “scalable, cost-efficient, risk-based solution to measure the effectiveness of digital identity proofing to ensure that individuals who remotely (i.e. not in person) present themselves for financial activities are who they claim to be.” Source link … [Read more...] about FinCEN, FDIC to Hold ‘Tech Sprint’ for Digital Identity Tools
Time magazine to hold Ethereum (ETH) on its balance sheet
Time Magazine will hold Ethereum on its balance sheet following a deal with crypto finance company Galaxy Digital, representatives said Thursday. The partnership has been financed exclusively through Ethereum, which is the second-largest cryptocurrency after Bitcoin. As part of the deal, Time Magazine will be holding Ethereum officially on its balance sheet, making it the first … [Read more...] about Time magazine to hold Ethereum (ETH) on its balance sheet
TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
The list will “highlight those companies that are having the most impact within the space,” some of which may be blockchain companies, while others could be providing solutions provide solutions “to make experiences within the metaverse more accessible, impactful or successful for businesses and consumers,” Grossman told CoinDesk via email. Source link … [Read more...] about TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
Less than 20% of Compund’s liquidity miners hold any COMP tokens at all
According to the latest research, one of the industry’s largest DeFi protocols is facing an incentive crisis. In his report, Alex Kroeger, an Ethereum researcher, found that most Compound’s liquidity miners have little to no economic interest in the protocol and do not participate in the protocol’s governance.The report analyzed the top 100 accounts by accrued COMP from … [Read more...] about Less than 20% of Compund’s liquidity miners hold any COMP tokens at all