ConsenSys researchers say DeFi hacks are easier to scale on Ethereum 2.0BTC $9148 (+0.3%) • ETH $232 (+0.1%) • XRP $0.193 (+0.8%)
An independent report by two ConsenSys researchers this week explored an economic review of ETH 2.0 “Serenity,” the upcoming shift to a proof-of-stake mechanism for Ethereum. Among the many takeaways was that “attacks on Eth2 are easier to scale than on Eth1” and that “network security was heavily reliant on the price stability of ETH.” Researchers Tanner Hoban and Tom Borgers work in Corporate Development at ConsenSys, but their report on the network economics of Ethereum 2.0 was an independent review. More news ⏬Declining Compound yields may be fueling COMP’s intense downtrend
Popular DeFi protocol Compound (COMP) has been seeing a massive influx of new users since its launch late last month. Thanks to our premium sponsors⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Twitter hack exploded the popularity of Bitcoin on social media
After a coordinated attack caused hundreds of high-profile Twitter accounts to be compromised yesterday, mentions of cryptocurrencies on social media skyrocketed. Bitcoin’s trading volume is shifting towards altcoins as BTC flatlines
Bitcoin’s trading volume has been sliding slower throughout the past several months as it continues trading within an incredibly tight trading range. Q4 2020 will be crazy for crypto, says VC: DeFi, Ethereum 2.0, Libra, and more
Save for strong developments with specific altcoins such as Cardano and Chainlink, coupled with the news that PayPal may integrate Bitcoin, the crypto industry has been rather quiet over recent months. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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