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Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy

Source Node: https://cointelegraph.com/news/chinese-state-grid-launches-blockchain-based-blackout-insurance-policy
Time Stamp: August 8, 2020 1:30 PM - Modified On: May 21, 2021 - Published By:
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A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss suffered recently.According to Shupeidian, Zhejiang Ningbo Power Supply Company, in partnership with Yingda Taihe Property Insurance Co., Ltd., released the policy to a sprinkler manufacturing company in Ningbo, Zhejiang province.Both companies believe that the process of issuing insurance via a blockchain network provides a commercial solution to compensate for the loss caused by an electric outage in a faster and

BTC and ETH Crypto Derivatives in Demand, Market Expected to Grow Further

Source Node: https://cointelegraph.com/news/btc-and-eth-crypto-derivatives-in-demand-market-expected-to-grow-further
Time Stamp: August 8, 2020 12:42 PM - Modified On: May 21, 2021 - Published By:
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The crypto options market has been evolving rapidly over the second quarter of 2020. According to TokenInsight’s recent crypto derivatives industry report, trading volumes are seeing a 166% year-on-year increase compared to Q2 2019. The derivative products driving these volumes are futures and options. While futures grow with traders betting on a bullish price sentiment, both open interest and volumes of options have reached all-time highs.All-time highs On Wednesday, open interest in Ether (ETH) options hit an all-time high of $351 million on Deribit and $37 million on OKEx. In fact, open

Curve Finance Guide – How to Make Money with Curve (CRV)

Source Node: https://www.asiacryptotoday.com/curve-finance-guide/
Time Stamp: August 7, 2020 11:59 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Curve Protocol is one of the largest and most used projects in the Decentralized Finance (DeFi) space. It is integrated with most DeFi protocols and has seen rapid adoption in a short window. It’s essentially the most competent automated market maker (AMM) out there for stablecoins and wrapped tokens. Curve’s most valuable accomplishment has been giving people incentive to contribute liquidity and earn rewards over their idle assets. A community-based project, the protocol innovates continuously and is now progressing towards total decentralization.  In this guide, we take a look

OKCoin Awards Latest Developer Grant To Marco Falke

Source Node: https://bitcoinmagazine.com/articles/okcoin-awards-latest-developer-grant-to-marco-falke?utm_source=rss&utm_medium=rss&utm_campaign=okcoin-awards-latest-developer-grant-to-marco-falke
Time Stamp: August 6, 2020 8:00 AM - Modified On: May 21, 2021 - Published By:
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Cryptocurrency exchange OKCoin announced today that the latest contribution from its Open-Source Developer Grant is going to Marco Falke, who has served as a Bitcoin Core maintainer since 2016 and is one of the most active contributors to Bitcoin’s code. “Marco’s work … focuses on making development more efficient,” Elaine Song, a member of OKCoin’s business operations team who is involved with the grant program, told Bitcoin Magazine. “He is the most active contributor to the Bitcoin code since 2017. He is presently dedicated to the improvement of Bitcoin’s test

mStable DeFi Guide: Ultimate Stablecoin Solution

Source Node: https://www.asiacryptotoday.com/mstable/
Time Stamp: August 4, 2020 10:44 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

mStable is a newly launched DeFi protocol aimed at streamlining the application of stablecoins in a unified ecosystem it aims to create. There are many projects that seek to increase the adoption of cryptos by linking them to traditional financial systems. Stablecoins, for one, have been created to do just that. Using blockchain and smart contracts, the crypto community has devised a way to make digital asset representation of fiat currencies. But even behind the recent developments surrounding stablecoins, a concern still remains: the assets that back the number of

Ampleforth: A Guide to the AMPL DeFi Protocol

Source Node: https://www.asiacryptotoday.com/ampleforth-a-guide-to-the-ampl-defi-protocol/
Time Stamp: August 2, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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Imagine the possibilities of reinventing money. One that is powered by blockchain and crypto-based solutions. That is what Ampleforth hopes to achieve within and beyond the crypto community. Since the inception of decentralized finance (DeFi), various notable projects have spawned, giving life to a new sector in the cryptosphere. At the moment, investors and crypto traders alike are quite stoked with DeFi and liquidity mining. We have witnessed several protocols like Maker, Aave, and Compound attracting hundreds of thousands of users, enabling the DeFi ecosystem to proliferate far and wide.

Bitcoin Whales Are Accumulating More Than 50,000 BTC Every Month: Report

Source Node: https://cryptopotato.com/bitcoin-whales-are-accumulating-more-than-50000-btc-every-month-report/
Time Stamp: August 1, 2020 7:11 AM - Modified On: May 21, 2021 - Published By:
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The latest data suggests that Bitcoin’s recent bullish stint has excited large scale investors. Whales have been accumulating copious amounts of BTC in anticipation of a larger rally. Also, there’s an almost 38 percent increment in Bitcoin addresses holding more than $1 million worth of BTC.Bitcoin Hodler Net Position Change Remains PositiveData from on-chain analysis and crypto market insights provider, Glassnode suggests that Bitcoin’s recent rally hasn’t induced much of a selling reaction from long-term investors.Bigshot market participants are holding tight and eagerly waiting to reap greater profits from further