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Matic, a sidechain scaling solution for Ethereum, began deploying its mainnet on Sunday. The India-based Matic Foundation announced via a blog post that it had brought 10 nodes online, the first volley of a network Matic hopes to grow tenfold. Project insiders told CoinDesk that the launch validates almost three years of forging ties in […]

Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit. Open interest, or the number of contracts outstanding and not yet liquidated by an offsetting trade, rose to a record high of $136 million on Monday, marking a 460% increase from […]

Bitcoin has entered the seasonally bullish month of June on a positive note, but its recent gains look pale compared to that of ether (ETH), as the Ethereum blockchain approaches a key new iteration.  Bitcoin, the top cryptocurrency by market value, rose by over 8% last week and ended May with a 9.5% gain. That […]

The blockchain industry desperately needs password solutions that aren’t such a royal pain in the neck. That’s why the San Francisco-based startup Magic just raised a $4 million seed round from investors like Naval Ravikant, SV Angel, Placeholder, Lightspeed Venture Partners and Volt Capital, just to name a few. SV Angel in particular has a […]

The token economy just gained an organized structure for collaborating with world leaders.  The World Economic Forum revealed its Presidio Principles on Friday, a “blockchain bill of rights,” according to the nonprofit focused on fostering diplomacy and international business partnerships. The document includes signatories from the Government of Colombia, Deloitte Consulting LLP, ConsenSys, Electric Coin […]

The latest implementation of bitcoin (BTC) on the Ethereum blockchain quietly went live this week. There are 1.24 renBTC live on the Ethereum mainnet now, according to Etherscan. Three sources with knowledge of the project have confirmed this is the Ren smart contract, live ahead of its launch announcement. Kain Warwick of Synthetix tweeted Wednesday […]

Osho Jha is an investor, data scientist and tech company executive who enjoys finding and analyzing unique data sets for investing in both public and private markets.  With the halving capturing the attention of most investors in the cryptocurrency space as well as some mainstream press, the changes at Ethereum have gone largely unnoticed in […]

Ethereum’s premier coin mixing service is now permissionless. Tornado Cash, a privacy tool for obfuscating the history of Ether (ETH) transactions, completed a cryptographic process known as a trusted setup ceremony on May 10 followed by a contract update on Monday to create perpetually self-executing code. “With a record 1,114 contributions this was by far […]

Blockchain venture studio Thesis has put a pause on deposits into tBTC, its new platform meant to put BTC on Ethereum so BTC can be used in decentralized finance (DeFi). The Thesis team cited a bug, but is not disclosing details until all funds have been safely withdrawn from this iteration of tBTC. Thesis is […]