Synthetix 在以太坊二層擴容方案 Optimistic Ethereum 上正式啓用合成資產交易
鏈聞消息,合成資產協議 Synthetix 在以太坊二層擴容方案 Optimistic Ethereum 上正式啓用合成資產交易, 最初將支持 sUSD、sETH、sBTC 和 sLINK,由 Chainlink 提供喂價,未來幾周內也將升級支持更多功能。
同時基於 Synthetix 的衍生品交易平臺 Kwenta 同步上線 Optimistic Ethereum,而 7 月初基於 Synthetix 的二層期權協議 Lyra 測試版也已上線以太坊測試網 Kovan 版擴容方案 Optimistic Ethereum 網絡,基於 Synthetix 的期權協議 Thales 則在昨天上線以太坊主網。
鏈聞此前報道,1 月 Synthetix 公佈了向 Optimistic Ethereum 遷移的主網部署過渡計劃,最終目標爲在 Optimistic Ethereum 上擁有統一的債務池和功能完備的系統等。
Bitstamp CEO says he’s been ‘blown away’ by interest in ether staking as exchanges gear up for ethereum 2.0
Excitement is building around ethereum staking. Dado Ruvic/Reuters
Bitstamp’s CEO has been “blown away” by the amount of interest in ether staking, he told Insider.
Bitstamp is one of many exchanges to have added ether staking, amid excitement around ethereum 2.0.
Staking is when users put up tokens to gain the right to validate transactions and earn more crypto.
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The CEO of crypto exchange Bitstamp has been “blown away” by the amount of interest in ether staking on the platform, as excitement builds around a sector that JPMorgan believes could be worth $40 billion in five years' time.
Crypto staking is when users put up their own tokens to gain the right to validate transactions on blockchain networks and earn more cryptocurrency as a reward.
Bitstamp added ethereum staking to its offering in July. The exchange was started in 2011 and is the 11th-biggest.
“We have been … blown away, if that’s the right term, in terms of the amount of interest that has come,” Bitstamp CEO Julian Sawyer told Insider this week. He did not disclose how much had been staked so far, however.
Sawyer said Bitstamp users who were choosing to stake ether - the cryptocurrency of the ethereum network - were on average staking 50% of their holdings.
“That says a lot. That is not people playing [and saying] ‘oh, I’ll just put 1%, 10% over there, I’ll put a hundred dollars into this.’ That is people being engaged in the product set and the interest rate.”
Read more: A crypto research analyst breaks down 3 trades designed to generate 30% to 80% returns - and shares the 2 metrics that make him bullish about a bitcoin comeback
Excitement has built around staking thanks in large part to the ethereum network’s upcoming upgrade, known as the shift to ethereum 2.0.
The network will move from a “proof-of-work” system, where so-called miners use vast amounts of computing power to validate transactions, to a “proof-of-stake” mechanism. Developers hope the switch will be complete by early 2022.
The upgrades could help the staking industry grow to $40 billion by 2025, JPMorgan analysts, led by Kenneth Worthington, said in early July. Worthington and colleagues said exchanges such as Coinbase stand to profit as the sector grows.
More than 6.4 million ether - worth $15.1 billion on Friday - have been staked on ethereum 2.0 network already, according to Etherscan.
However, users who want to stake ether, including on exchanges such as Bitstamp and Coinbase, have to lock up their coins until the upgrade is complete. Ether staking is also unavailable to Bitstamp’s US customers.
Sawyer said the fact that users were willing to lock up their tokens showed how people are increasingly committed to the crypto sector.
The Bitstamp boss, who has run the company since October 2020, also said interest in ether has grown sharply compared with interest in bitcoin. He said this shows people are becoming more interested in other parts of the crypto world.
Although many retail investors are interested in ether staking, one executive at a top crypto exchange said institutional investors were warier due to the lock-up period, during which time the price could swing wildly.
Bitcoin, Ethereum, Tether: A Look at Top Cryptocurrencies and Their Worth
Cryptocurrency, a form of digital asset that is based on the idea of distributed ownership, is the newest craze in town. Investors see in it the possibility of a good return and consider it a store of value. There have been several digital coins in circulation for almost a decade but a rapid rise in their value earlier this year made them a popular investment destination now. The market crashed soon after, giving those on the fence an opportunity to buy the dip and get involved with what some have called the world’s “future currency.”
Can cryptocurrencies become the future currency of the world? There’s some uncertainty. Firstly, they are highly volatile. Secondly, they still lack regulation and government backing in most countries. Despite these issues, the crypto market is thriving, and more coins are being added to the vault. According to market research firm CoinMarketCap, there are more than 1,000 types of crypto coins in circulation today.
What are the most popular cryptocurrencies?
Bitcoin (BTC)
Bitcoin is the world’s oldest and the most popular digital coin. It was launched in 2009 by an anonymous person (or group of persons) under the pseudonym “Satoshi Nakamoto.” On June 1, Bitcoin was trading at Rs. 26,40,420; on July 30, the price closed at Rs. 29,13,645. Bitcoin’s current market capitalisation is Rs. 58.3 trillion.
Ethereum (ETH)
Ethereum is currently ranked second. Ether is the main token of the Ethereum blockchain. It was first described in 2013 by Russian-Canadian programmer Vitalik Buterin in a white paper. Later, Buterin, along with other co-founders, crowdfunded the project via an online sale next year. They officially launched the blockchain in July 2015. On June 1, Ethereum closed at a price of Rs. 1,87,286; on July 30, it was trading at Rs. 1,74,817. The current market cap is Rs. 21.3 trillion.
Tether (USDT)
The largest digital coin by market value, Tether is what’s known as a stablecoin. Unlike most cryptocurrencies, these coins are tied to real-world assets to maintain a stable value. Tether was designed to be pegged to the US dollar for stability, but the firm has revealed it does not have enough dollar reserves to maintain stability. In the last 15 days, Tether’s price has dipped from Rs. 74.61 to Rs. 74.41. Its market cap is Rs. 4.6 trillion.
Cardano (ADA)
Founded in 2017 by Ethereum co-founder Charles Hoskinson, Cardano is a proof-of-stake (PoS) blockchain platform. Under the PoS model, owners put up their tokens as collateral to get authority over the token in proportion to the amount they stake. Cardano traded at Rs. 90.24 on July 16. And by July 30, it had reached a value of Rs. 94.62. The current market cap is Rs. 3.1 trillion.
Ripple (XRP)
Ripple, a US-based technology company, created the XRP digital coin in 2012 to be a quick, cost-efficient, and more scalable alternative to digital assets and existing monetary payment platforms like SWIFT. You can buy XRP on any digital currency exchange and store them in a hot or cold wallet. Its price has jumped from Rs. 44.81 on July 16 to Rs. 54.61 on July 30. Its market cap is Rs. 2.6 trillion.
Dogecoin (DOGE)
Launched as a meme-based currency to poke fun at Bitcoin, Dogecoin became so popular with people recently that it has taken on a life of its own. Based on the popular “doge” meme, it features the Shiba Inu face on its logo. Software engineers Billy Markus and Jackson Palmer launched the digital coin in 2013. After remaining in oblivion for almost seven years, billionaire entrepreneur Elon Musk endorsed it and began pushing it on his social media handle. On July 16, it traded for Rs. 13.35 but had gained some value to reach Rs. 15.71 by July 30. Its price has seen ups and downs throughout it journey. The market cap is Rs. 2 trillion.
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Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital , the Gadgets 360 podcast. Orbital is available on Apple Podcasts Amazon Music and wherever you get your podcasts.
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