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Tag Archives: ETH

China Crypto Roundup (Sept 7- Sept 14): ETH Withdrawal Frenzy in China as DEX Mining Runs Rampant, Bitcoin Miners in Short Supply in China, China’s BSN in Line With Open Finance Concept

Sep 14, 2020

Vincent He

The top stories from the Chinese cryptocurrency sphere this past week includes: ETH stocks in centralized exchanges are declining rapidly as DEX mining runs rampant, Bitcoin miners in short supply as Chinese manufacturers’ capacity inadequate, China’s BSN, digital silk road in line w...

Defi Frenzy Makes ETH Miners Laugh

Aug 13, 2020

lylian Teng

As the decentralized finance (DeFi) sector is booming at a startling rate, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon. Data shows that the transaction fees have recently accounted for over half of the ...

Ethereum’s Scale is Preventing More DeFi Adoption and Usage

Jun 28, 2020

With the advent of Ethereum, and then subsequently the DeFi industry, adoption became a much hotter topic as the newly created tokens promised all of the possibilities and financial freedom without banks and institutions to control them. And now, as we’ve entered into the second half of 202...

How Wrapped Bitcoin trading is evolving on Kyber

May 15, 2020

DappRadar

Wrapped BTC (WBTC) surges as it becomes an accepted collateral asset Wrapped Bitcoin (WBTC) went live on Ethereum at the beginning of 2019. It is an ERC-20 token backed 1:1 with real Bitcoin and is intended to capture the benefits that can result from the tokenization of the B...

Chinese Court Rules Ethereum As Legal Property

Apr 22, 2020

Vincent He

A court in Shenzhen city has passed sentence for an Ethereum theft case recently, ruling that Ethereum token is protected by law as legal property with ‘economic value’, and Chinese citizens are not barred from owning and transferring them. Li, the defendant, took the position as a bloc...

How the Ethereum DeFi Ecosystem Reacted to Coronavirus?

Apr 10, 2020

DappRadar

March 2020 witnessed the most volatile day in the price of cryptocurrency ever. Hence it was no surprise the Ethereum DeFi dapp category – as tracked by DappRadar also experienced an all-time high in terms of daily active unique wallet activity. As previously discussed. 12 March 2020 sa...