Traders Turn to DeFi to Capitalize on Tuesday’s Crypto Market Spike
Decentralized finance (DeFi) applications are popping off Tuesday, and the ETH price spike isn't the whole story.
Ethereum is a software system which is part of a decentralised system meaning it is not controlled by any single entity. Ethereum is different to Bitcoin because it expands on its technologies to create a completely new network including an internet browser, coding language and payment system – "in short, Ethereum is a public, open-source, Blockchain based distributed software platform that allows developers to build and deploy decentralised applications". The platform’s currency is called Ether. The platform was founded in 2014 by Vitalik Buterin and a team of other developers. The currency is just one aspect/component of Ethereum yet can be mined by individuals more easily than Bitcoin.Ethereum 101
Property firm RFR Holdings accepted a 20 percent stake of the purchasing price in digital securities based on ethereum tech.
The Sacramento Kings plan to auction off Buddy Hield’s jersey from Wednesday’s game against the Dallas Mavericks using an ethereum-based platform built by ConsenSys.
With only 52 votes, the DigixDAO treasury will dissolve, returning DGD holders their staked $ETH.
Kadena, a startup spun out of JPMorgan’s blockchain center, has taken a step toward its vision of creating interoperable, scalable public blockchains with a full launch Wednesday.
The EEA is launching testnet to iron out interoperability issues between commercial ethereum projects.