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Study Finds NFT Industry Shows Some Undesirable Signs

Source Node: https://beincrypto.com/study-finds-nft-industry-shows-some-undesirable-signs/
Time Stamp: August 27, 2021 3:15 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

Ethereum Price Falters Around $430 as ETH2 Testnet Experiences Outage

Source Node: https://bitcoinist.com/ethereum-price-falters-430-eth2-testnet-outage/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-price-falters-430-eth2-testnet-outage
Time Stamp: August 16, 2020 4:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Ethereum’s price has begun to falter after surging higher late last week. The cryptocurrency trades at $430 as of this article’s writing, which is a few percent below and a few percent above the local highs and lows, respectively. ETH is flat in the past 24 hours, trading down by a negligible 0.15%. The stagnation in the value of the leading cryptocurrency comes as the Ethereum 2.0 (ETH2) testnet has experienced an outage. It is unclear if the price action and outage are correlated, but ETH2 is a fundamental driver.

RenVM Guide: A Private and Interopable DeFi Platform

Source Node: https://www.asiacryptotoday.com/renvm-guide-a-private-and-interopable-defi-platform/
Time Stamp: August 15, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

With the objective of solving concerns on privacy, interoperability, and liquidity in decentralized applications, the RenVM ecosystem was established. This is yet another successful DeFi project with cross-chain interoperability, only this time, with better privacy features. The Republic Protocol and its RenVM project were aimed to provide large volume and high-frequency traders the opportunity to execute trades without spooking the market with their calls. With the help of darknodes, they maintained an exchange with a hidden order book. Table of Contents Background Ren began in late 2017 under the Republic