Ether has been having a solid run this year. Once again, it has managed to steal the headlines this week, and is ahead of its rival, Bitcoin. Ethereum Rises to Prominence Ether (ETH) underwent a 20% surge, and the increase in pricing can be attributed to the rising popularity of DeFi applications and the resulting number of dividends pay-outs. This … Continue reading Ether Surges Ahead of Bitcoin and Sets the Record for 2020
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry. Following the completion of the plan, GCC will become the first wine distributor in Asia to offer a wine NFT. The move will also potentially revolutionise the wine industry in Asia through blockchain and NFT … Continue reading Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
The decentralized exchange (DEX) ecosystem has witnessed a marked increase in trading activity, driving the dYdX community to take strategic measures to enhance platform security and integrity. In a recent governance vote, the community has approved a proposal to stake 20 million DYDX tokens, the platform’s native cryptocurrency, through the liquid staking protocol Stride. The … Continue reading dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security