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Cryptocurrency News Roundup for August 18, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-18-2020/
Time Stamp: August 18, 2020 4:45 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Since the start of 2020, the net worth of assets locked in DeFi smart contracts have increased nearly 10x from $680 million to more than $6 billion. BeInCrypto covered it in-depth here, in case you missed it earlier. To bank in on that phenomenal growth and encourage greater cooperation among industry stakeholders, Huobi DeFi Lab has launched a new initiative called the Global DeFi Alliance. Several major players in the DeFi space have already joined the initiative to create a united front and pave the way for mainstream adoption in

Brave Releases Update on its Decentralized Ad Platform

Source Node: https://beincrypto.com/brave-releases-update-on-its-decentralized-ad-platform/
Time Stamp: August 18, 2020 11:59 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

In a June blog post, the team behind Brave, the open-source browser known for its privacy and unique advertising model, published a straw version of one of its research initiatives. The initiative is an ad platform called ‘THEMIS.’ Themis is a decentralized and private-by-design protocol that aims to improve upon the current Brave ad ecosystem. This new protocol comes with numerous potentially attractive features. According to Brave, it will give users anonymity, it’s decentralized, it requires zero trust, and provides auditability. On August 17, the team published part two of

Poloniex Creates Tron-Only Platform, LaunchBase to Enter IEO Space

Source Node: https://insidebitcoins.com/news/poloniex-creates-tron-only-platform-launchbase-to-enter-ieo-space/256636
Time Stamp: April 6, 2020 3:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On the 5th of April, 2020, the crypto exchange Poloniex had revealed its new initial exchange offering (IEO) platform, powered through Tron (TRX).The Many StipulationsProjects aiming to do their IEOs through the new platform have to adhere to a stipulation that one would expect from Tron’s exchange: The issuing of tokens must be done in exchange for TRX and will be done on a first-come, first-serve basis.The company was quick to state that partner projects, besides needing to agree to raise the money through TRX. Projects are further mandated to

Remaining Anonymous: Which Crypto Privacy Solution Works Best?

Source Node: https://cointelegraph.com/news/remaining-anonymous-which-crypto-privacy-solution-works-best
Time Stamp: April 2, 2020 9:44 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The cryptocurrency industry was initially headlined as anonymous digital cash. While experts were keen to point out that this was not exactly the case, Bitcoin (BTC) found initial popularity in darknet markets such as Silk Road, where merchants sold illegal goods ranging from light drugs to, allegedly, hitman services. Founded in 2011, Silk Road thrived for the next two years until the Federal Bureau of Investigation shut it down in 2013. Authorities later revealed that completely free blockchain explorers aided their investigative efforts.Bitcoin’s transaction ledger is completely open for the