Beware of ‘soft rugs’ — a growing menace in decentralized finance
The decentralized finance ecosystem has been plagued by a variety of known scams and exploits for some time, with yet another coming in the form of what is known as a “soft rug”. Those that have been dabbling in DeFi for some time will be familiar with the term “rug pull”. This generally refers to the abandoning of a project by insiders or developers who remove liquidity from pools or vaults on decentralized exchanges and disappear with the funds. A related malfeasance to plague the emerging financial landscape is the “soft rug” which is where a project’s founders simply dump their own tokens and exit the venture instead of taking control of users’ assets.
Martin Young 13:11
TokenPocket Ethereum Upgrade Notification
Dear TokenPocket Users： To provide you with a better user experience and service, we will upgrade the Ethereum node at 00:00(SST), June 24, which the whole procedure is expected to last for 30 minutes. During this period, the transaction records that may be affected but will be restored later. Please understand for the inconvenience.
Bitcoin network's hashrate is110.06EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is110.06EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-15.25%)16.89T Date to Next Difficulty：8Days10Hours Unconfirmed Txs：45,175
MakerDAO slashes stability fees as stablecoin demand wanes
Decentralized finance lending and stablecoin protocol MakerDAO has adjusted stability fees across a wide range of crypto assets used as collateral on the platform. The move comes as the demand for DAI and other stablecoins has cooled amid the recent crypto market retracement, with Maker hoping to drive up demand for DAI minting through the reduction in fees. ⚠️Maker Protocol Changes ⚠️ (1/5)ETH-A Stability Fee: 5.5% → 3.5%ETH-B Stability Fee: 10% → 9%ETH-C Stability Fee: 3% → 1%WBTC-A Stability Fee: 4.5% → 3.5%LINK-A Stability Fee: 5% → 4%YFI-A Stability Fee: 5.5% → 4%
Martin Young 13:20
Ethereum network's hashrate is 493,716.25 GH/s，mining difficulty is 6,773.12T
According to data from eth.btc.com，ethereum network's hashrate is493,716.25 GH/s，mining difficulty is6,773.12T. ETH's price ：$ 1,959.97 Avg Gas Price：23.30Gwei Pending Txs ：90661
Bitcoin network's hashrate is115.40EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is115.40EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-13.37%)17.27T Date to Next Difficulty：8Days20Hours Unconfirmed Txs：24,591
Bitcoin is ‘own worst enemy' and will lose to Ethereum: Charles Hoskinson
IOHK CEO and Ethereum co-founder, Charles Hoskinson, has argued that Bitcoin sits at a significant competitive disadvantage due to its slow speeds and will be usurped by proof-of-stake networks. In a five-hour Podcast with computer scientist and AI researcher, Lex Fridman, the Cardano founder argued that proof-of-stake networks offering superior speed and functionality over the original cryptocurrency, stating: “You have to upgrade the damn thing!” Hoskinson exclaimed regarding Bitcoin’s underlying Proof-of-Work consensus mechanism, emphasizing that Bitcoin’s programmatic utility lags behind its competitors.
Martin Young 13:11
Bitcoin network's hashrate is119.64EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is119.64EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-12.01%)17.54T Date to Next Difficulty：9Days8Hours Unconfirmed Txs：8,294
Ethereum network's hashrate is 525,475.19 GH/s，mining difficulty is 7,009.58T
According to data from eth.btc.com，ethereum network's hashrate is525,475.19 GH/s，mining difficulty is7,009.58T. ETH's price ：$ 2,222.89 Avg Gas Price：30.00Gwei Pending Txs ：26797
Canada’s Hive Blockchain Technologies approved for Nasdaq listing
While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on Friday, Canada’s Hive Blockchain Technologies revealed that it has received approval to list shares on the Nasdaq stock exchange. Hive currently trades on the TSX Venture Exchange under the ticker HIVE.V, and focuses on both Bitcoin and Ethereum mining. HIVE is excited to announce today that it has received approval to list its common shares on the Nasdaq Capital Markets Exchange, where it will begin trading soon. HIVE will also retain its listing on the TSX Venture Exchange (TSX.V). pic.twitter.com/6XyEFfSCL4
Andrew Thurman 13:06
Ethereum network's hashrate is 533,515.12 GH/s，mining difficulty is 7,173.31T
According to data from eth.btc.com，ethereum network's hashrate is533,515.12 GH/s，mining difficulty is7,173.31T. ETH's price ：$ 2,181.43 Avg Gas Price：13.00Gwei Pending Txs ：33456
Bitcoin network's hashrate is125.36EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is125.36EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-10.73%)17.79T Date to Next Difficulty：9Days18Hours Unconfirmed Txs：8,049
Crypto company CEO says the recent crypto boom brought increased adoption
Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price, 2020 and 2021 have seen the crypto space expand around decentralized finance (DeFi) and nonfungible tokens (NFTs). This time however, retail and institutional interest in crypto have ushered in greater adoption than ever before, according to one crypto company CEO. “Cryptocurrencies have been growing steadily in popularity over the years, but 2017 left a bitter taste in a lot of people's mouths when the market took a swift downturn,” StormX CEO Simon Yu said in comments sent to Cointelegraph. “But fast forward to 2021 and it’s clear to see times have changed.” Yu crafted his quotes in response to recent findings from the Financial Conduct Authority, or FCA, of the United Kingdom, which revealed 2.3 million U.K.-based adults own cryptocurrency, based on a survey.
Benjamin Pirus 13:16
Ethereum network's hashrate is 554,439.38 GH/s，mining difficulty is 7,484.93T
According to data from eth.btc.com，ethereum network's hashrate is554,439.38 GH/s，mining difficulty is7,484.93T. ETH's price ：$ 2,250.15 Avg Gas Price：10.00Gwei Pending Txs ：41113
Bitcoin network's hashrate is129.84EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is129.84EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-9.37%)18.07T Date to Next Difficulty：10Days5Hours Unconfirmed Txs：9,904
Goldman Sachs analysts divided over whether Bitcoin is an 'investable asset class'
Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status. The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this week that claims they are not a “viable investment”. The report, titled “Digital Assets: Beauty Is Not in the Eye of the Beholder”, concluded Bitcoin is not “a long-term store of value or an investable asset class”.
Martin Young 13:13
Ethereum network's hashrate is 549,774.00 GH/s，mining difficulty is 7,331.45T
According to data from eth.btc.com，ethereum network's hashrate is549,774.00 GH/s，mining difficulty is7,331.45T. ETH's price ：$ 2,323.19 Avg Gas Price：16.00Gwei Pending Txs ：50149
Bitcoin network's hashrate is128.57EH/s，mining difficulty is19.93T
According to data from BTC.com，bitcoin network's hashrate is128.57EH/s，mining difficulty is19.93T. Next Difficulty Estimated：(-8.56%)18.23T Date to Next Difficulty：11Days6Hours Unconfirmed Txs：5,781
SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’
Forthcoming decentralized derivatives exchange SynFutures has closed an oversubscribed $14 million Series A funding round led by Polychain Capital. The automated market maker’s funding round also saw participation from other heavyweight crypto investors including Pantera Capital, Framework, and Wintermute. Including the DEX’s January 2021 seed round, SynFutures has nowraised $15.4 million in total. According to an announcement, the exchange plans to offer a one-stop-shop for derivatives, allowing anybody to launch arbitrary trading pairs with any expiry date based on the value of the underlying assets for which the liquidity is provided.
Samuel Haig 13:12
Ethereum network's hashrate is 550,099.10 GH/s，mining difficulty is 7,393.99T
According to data from eth.btc.com，ethereum network's hashrate is550,099.10 GH/s，mining difficulty is7,393.99T. ETH's price ：$ 2,421.70 Avg Gas Price：14.40Gwei Pending Txs ：48428