Smart Contract Protocol RSK Attempts to Bring Defi to the Bitcoin Network
During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol RSK aims to bring the defi demand to the Bitcoin blockchain and there’s already a few RSK-based defi projects in the wild. In the world of defi, users leverage applications that delegate traditional finance concepts like issuing assets,...
A Model for the Next Generation DEX, TitanSwap Will Be a Dex With Better User Experience
TitanSwap is using the renBTC protocol to implement cross-chain operations. Compared with the currently more common custodial cross-chain solutions wBTC and tBTC, the renBTC smart contract is a non-custodial access mechanism. Its core is the RenVM virtual machine, a decentralized network mainly composed of thousands of “dark nodes” Run on. Therefore, TITAN’s solution is more decentralized and practical. In addition, under the AMM...
Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose acquisition company, which allows it to list and trade on Nasdaq. The company details: Diginex Limited will trade on Nasdaq under the...
Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of today, October 1, 2020, bitcoin (BTC) has closed above the $10,000 price range for 66 straight days. The last time BTC...
House Committee Hearing Shows Disagreement on How to Fine-Tune the DMCA
After several years of public consultations and stakeholder meetings, the US Copyright Office published its review of the DMCA’s safe harbor provisions this May. The report doesn’t propose any major overhauls of the DMCA. Instead, it aims to fine-tune some parts, to better balance the interests of copyright holders and online service providers (OSPs). The more drastic suggestions were put on the backburner. Those include pirate site...
