Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk. […]

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Devcon Shows Ethereum’s ‘World Computer’ Is a Movement, Not a Product

If there’s anywhere in the world where it feels right to believe in magic, it’s Devcon 5 in Osaka, Japan. The ethereum community faces a daunting task: scale its blockchain ecosystem to securely support the growing demand for mainstream use cases. Thousands of technologists and passionate fans gathered at Devcon this week to grapple with […]

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‘Scam’ or Iteration? At Devcon, Ethereum Diehards Still Believe in 2.0

The Takeaway: Ethereum’s creators now acknowledge the blockchain wasn’t built to scale as a mainstream transaction platform. A planned reboot meant to address some of those issues, known as Eth 2, is at least two years away. There is no plan for how or when to migrate tokens and smart contracts onto Eth 2, according […]

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Ethereum Co-Founder Joe Lubin Joins Hyperledger Board

Joseph Lubin, co-founder of ethereum, is to join the governing board of the Linux Foundation-led blockchain consortium Hyperledger. The move comes as ConsenSys, the ethereum development startup founded by Lubin, becomes the latest Hyperledger premier member, ConsenSys announced on Wednesday. ConsenSys said it will work as part of the group to explore interoperability between blockchains, […]

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Crypto Lender Dharma Pivots to Stablecoin Savings Accounts

“Dharma is the easiest place to save your money from anywhere in the world.” That’s the new mission statement for decentralized finance (DeFi) platform Dharma as described by Brendan Forster, co-founder and COO of Dharma Labs, which built the Dharma protocol. On Thursday, Dharma Labs announced it would be relaunching its services in closed beta […]

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Vitalik Buterin: Increasing Transaction Costs Risk Limiting Ethereum Adoption

The increased cost of transacting on the ethereum blockchain is hurting the software’s adoption, says project creator Vitalik Buterin. Speaking with the Toronto Star this week, Butertin suggested projects that are considering whether to build on the technology will likely be butted out as the blockchain is overloaded with transactions, or in his words “almost full.” […]

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This ICO Startup Didn’t Die During Crypto Winter. It Has DAI to Thank

The Takeaway: Monolith turned a $16.9 million ICO into $25 million-worth of assets by riding the bull market of 2017 then taking out DAI loans. This DAI strategy is increasingly common among ethereum-centric startups. MakerDAO and Monolith are now collaborating to connect DeFi loans to a European Visa debit card. Ether fans can spend crypto […]

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These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It

Summa co-founder James Prestwich wants to bridge the great divide: bitcoin vs. ethereum. Now his firm is teaming up with fellow blockchain startup Keep to launch the Cross-Chain Working Group, which aims to create a protocol for using bitcoin on ethereum-based systems. The group hosted its first meeting on Thursday with more than 40 participants, […]

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