2020-6-27 17:00 |
Compound, the newly-launched DeFi token famous for reaching a $3 billion market cap within days of listings, is facing scrutiny from analysts and traders as questions about its illiquid markets and lack of utility rise. origin »
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Cryptocurrencies may be the money of the future, but in comparison to traditional fiat currencies, they lack a mature and diverse ecosystem of financial services. Addressing this is Compound, which launches in September, and wants to bring a functional, liquid money market to several significant cryptocurrencies.
2018-8-11 23:28 | |
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Ethereum traders were feeling the pressure July 18 after average transaction fees on its network surpassed Bitcoin’s for the first time in history. Ethereum ‘Benefited From Irrational Exuberance’ Data from monitoring resource Coin Metrics uploaded to Twitter Monday confirmed the unexpected reversal of fees, which compound an apparent lack of confidence in Ethereum’s outlook this week.
2018-7-18 21:00 | |
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wETH is designed, for the most part, to function like any other wrapped token. A wrapped token is a tokenized version of the cryptocurrency on which they maintain a peg. wETH's instances, it's pegged to Ethereum, WBTC is pegged to Bitcoin, etc.