FreeCryptoCurrency.Me

Free stocks and money too!

Author: samwsimpson_lyjt8578

1inch announces ‘v2’ upgrade of its DEX aggregation platform

1inch announced Thursday the next-generation version of its decentralized exchange (DEX) aggregation platform.

The team behind 1inch said that improvements include Pathfinder, an API that sports “a new discovery and routing algorithm, which finds the best possible paths for a token swap in the shortest possible time.” 

“One of the most vital improvements in 1inch v2, the effect of which users are set to feel immediately, is much higher speed,” Sergej Kunz, 1inch’s co-founder and CEO, said in a statement. 1inch said that v2 also includes user interface improvements, noting in a press statement that the new UI was “built completely from scratch.”

The release comes months after 1inch raised $2.8 million in a seed funding round led by Binance Labs, the crypto exchange’s startup incubator arm. Other investors at the time included FTX, Galaxy Digital and Dragonfly Capital, as The Block reported at the time. 

DEX aggregators effectively function as unified portals to the DEX ecosystem, drawing together different sources of liquidity and providing traders with the ability to trade across different marketplaces. 

Volumes across decentralized exchanges fell in October, ending a months-long growth streak. Total DEX volume for the month came in at 18.46 billion compared to September’s $24 billion. 

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Go to Source
Author: Michael McSweeney

Bitcoin Breaks $15K as Investor Numbers Peak

Bitcoin’s rally is still going as investors continue to accumulate the cryptocurrency, ignoring overbought signals on technical indicators.

Go to Source
Author: Omkar Godbole

U.S. Defense Department IT agency seeks information on potential blockchain as a service offering

An IT agency within the U.S. Defense Department could one day offer a permissioned blockchain as a service, public documents show — and the agency is seeking information from market participants on the best ways to go about it.

A request for information (RFI) published on November 4 by the Defense Information Systems Agency (DISA) notes that “[i]n support of our ongoing effort to create a new Blockchain as a service offering for our mission partners, DISA is conducting market research to ensure better understanding of the capabilities available in the market place relevant to a Blockchain as a service offering which could be deployed on Z systems.”

“The scope of this document is to determine industry products available that provide a solution stack to enable DISA to provide a scalable permissioned Blockchain as a service offering which can be run on a mainframe environment,” the agency continued. Details about the RFI were published on the U.S. government’s SAM database, which publishes contract opportunities from the federal government.

Officials from DISA have talked about a possible blockchain as a service offering in the past. DISA innovation chief Sherri Sokol spoke about the agency’s interest in this area during an interview in 2019 with GCN.

“We are looking at potentially offering something that would be secure, scalable and agile for the networks that our mission partners could create and manage on our infrastructure inside accredited DOD environments,” she was quoted as saying at the time. “It would really just be the platform, infrastructure resource management and monitoring, which are services that DISA already offers.”

To be sure, the RFI isn’t proof that DISA is about to launch its own blockchain. But rather, it illustrates a potential path for such offerings to go live within the U.S. governmental apparatus — something that proponents of the technology within Congress have talked about in the past

Would-be respondents have until November 10 to provide information to DISA, per the RFI. 

Blockchain+Software+Solution+RFI+Clean by MichaelPatrickMcSweeney on Scribd

© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Go to Source
Author: Michael McSweeney

Major Spanish Firms Including Santander Unveil Blockchain Identity Project

A group of Spanish companies including banks and energy firms is working to develop a “self-managed” digital identity system using blockchain technology.

Go to Source
Author: Daniel Palmer

Lightning Operators Are Bracing for a Bitcoin Bull Run

Lightning routing node operators are preparing for the horde of new users that will come in bitcoin’s next bull run.

Go to Source
Author: Alyssa Hertig

Why Crypto Is the Next Big Trend in Financial Planning

If the robo-advising trend taught advisers anything, it’s that millennial and Gen X investors will invest how they want. And right now, they want crypto.

Go to Source
Author: Adam Blumberg

‘Permanent Dropbox’ App Launches on Arweave

ArDrive lets users pay a fee once, depending on the price of Arweave tokens, and have their files live forever on the web.

Go to Source
Author: Doreen Wang

First Mover: Bitcoin Likes Biden (and Fed’s Powell) as Price Approaches $15K

The Federal Reserve, established as lender of last resort to banks, looks to be stimulus provider of last resort with U.S. government divided.

Go to Source
Author: Bradley Keoun

Election Bets Drive Fee Spike at Predictions Platform Polymarket

Amid the election excitement, decentralized predictions site Polymarket has become the fourth-highest blockchain project by fees generated.

Go to Source
Author: Sebastian Sinclair

Someone Just Paid a $9,000 Fee for a $120 DeFi Transaction

A Reddit user said they accidentally paid a fee 80 times the transaction value while executing a swap on Uniswap.

Go to Source
Author: Omkar Godbole


Follow by Email
Facebook20
Pinterest20
fb-share-icon
LinkedIn20
Share