• Ethereum Gas Prices Boom as DeFi Pulls Crypto Toward a Bull Market
    Blockonomi - 21 hours ago
    Every Ethereum transaction requires a sum of ETH, denominated in “gwei” and dubbed a gas payment, in order to be processed. And as Ethereum’s decentralized finance sector is currently catching fire, demand to use the smart contract platform’s infrastructure has exploded. In turn, the growing competition for Ethereum blockspace has…
  • Ethereum’s 1inch DEX Aggregator: Riding High on New Seed Funding & Mooniswap Unveil
    Blockonomi - 1 day ago
    1inch, the team behind the 1inch.exchange decentralized exchange aggregator that optimizes trades by splitting them across multiple DEXes, is riding high after completing its inaugural funding round. Announced on Tuesday, August 11th, the $2.8 million seed fundraise brought in investments from more than a few cryptoeconomy heavyweights. The round was…
  • Bluzelle & Elrond Partner to Leverage Scalable Blockchain Technology for dApps
    Blockonomi - 1 day ago
    Elrond and Bluzelle have inked a partnership that will see decentralized apps (dApps) on the Elrond mainnet running on the latter’s tamper-proof scalability data layer. The move likely forms an important partnership in the quest for enabling greater usability for dApps within the context of the current Web 3.0 development.…
  • FTX Exchange Review: Cryptocurrency Derivatives Exchange
    Blockonomi - 1 day ago
    FTX is a cryptocurrency derivatives exchange that is quickly establishing itself in an ever-expanding segment of the crypto trading market. The exchange has generated a significant amount of positive sentiment among the crypto trading community and already boasts high daily trading volumes. This is quite impressive due to the relative…
  • Prime XBT Review: Cryptocurrency Trading Exchange With 100x Leverage
    Blockonomi - 1 day ago
    Prime XBT is newer trading platform launched in 2019 that lets traders take advantage of the ability to trade Bitcoin and other major cryptocurrencies with leverage. They have quickly become one of the major players in the margin-trading industry taking on heavyweights such as BitMex. The exchange aims to overcome…
  • OKEx Review: Cryptocurrency Exchange With Derivatives Trading
    Blockonomi - 2 days ago
    OKEx is a Malta-based world-leading cryptocurrency exchange that allows users to trade on hundreds of tokens and futures trading pairs. OKEx was founded in 2017 with headquarters in Malta and the Republic of Seychelles. CEO of OKEx, JayHao, had a background in game development and the semiconductor industry before joining…
  • Why Ethereum’s Curve Stablecoin Exchange Is One of 2020’s Big Winners
    Blockonomi - 2 days ago
    Ethereum’s decentralized exchanges, or DEXs, are currently booming like never before. Monthly DEX volumes hit a new all-time high above $4 billion in July 2020, and the month also saw a new record DEX-to-centralized exchange volume ratio of ~4% achieved. That said, DEXs are having a breakout year and the…
  • Bitcoin Price: $12K Level Proves Hard Nut to Crack
    Blockonomi - 3 days ago
    The Bitcoin price temporarily crossed the $12,000 mark for the second time in less than a fortnight but once again saw a swift retreat, dropping $500 in the process. Pundits say any sustained action above $12,000 could see the top-ranked cryptocurrency testing multi-year highs perhaps in pursuit of its $19,800…
  • What is Staking as a Service? Complete Guide
    Blockonomi - 1 week ago
    Coinbase’s foray into ‘Staking as a Service’ via their Coinbase Custody arm grabbed headlines across the cryptocurrency landscape when launched. Representative of an ongoing departure from standalone, traditional custodial services, the move is part of a broader branch of developing narratives around Proof-of-Stake (PoS) blockchains that are launching. Considering Ethereum’s…
  • CACHE Gold: Regulated ERC20 Tokens Fully Backed by Gold
    Blockonomi - 1 week ago
    Gold is turning into one of the hottest investments of 2020, but it is also probably going to be a great place to be over the coming decades. CACHE Gold is an innovative company that offers investors and traders a solid way to own tokenized gold tokens. CACHE Gold doesn’t…