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The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public...
15/03/2022

The much-anticipated ‘Merge’ on the Ethereum network is another step closer to becoming a reality after the final public testnet Kiln launched to put it through its paces.

On March 14, the Ethereum Foundation urged network stakeholders to run tests using Kiln “to ensure a smooth transition on existing public testnets.”

The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 202...
12/03/2022

The decentralized finance (DeFi) sector has been sitting in the backseat since whipping up a frenzy in the summer of 2020 through the first quarter of 2021. Currently, investors are debating whether the crypto sector is in a bull or bear market, meaning, it’s a good time to check in on the state of DeFi and identify which protocols might be setting new trends.

Here’s a look at the top-ranking DeFi protocols and a review of the strategies used by users of these protocols.

Top 5 protocols by total value locked. Source: Defi Llama
AAVE/USDT vs. COMP/USDT 1-day chart. Source: TradingView
Aave vs. Compound stablecoin yields. Source: DeFi Prime
Total value locked on Lido. Source: DeFi Llama.

Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing th...
12/03/2022

Layer-2 Ethereum scaling solution Polygon has not produced a new block for over 11 hours, with developers attributing the issue to a technical upgrade on the network.

On Thursday at 4:20 pm UTC, Polygon network developers notified users on the project’s forum that there would likely be downtime starting at about 5:50 pm UTC due to maintenance required on one of the network’s three layers. A recent upgrade is thought to have caused an error in the network’s ability to achieve consensus.

A network outage on Polygon has lasted for 11 hours

Zenith Chain, a digital peer-to-peer network that aims to implement a use case-specific blockchain has announced the lau...
12/03/2022

Zenith Chain, a digital peer-to-peer network that aims to implement a use case-specific blockchain has announced the launch of its much-awaited CEX platform with support for over 200 top cryptocurrencies across 175 countries. The zenith CEX is scheduled to be released on March 10th, 2022.

Zenith CEX is a cutting-edge new-age crypto exchange that offers secure trading. The zenith CEX is a regulated exchange platform that handles critical issues such as security, liquidity, and fiat to crypto and vice versa transactions, among others. The exchange is one of just a few completely insured marketplaces in the globe. with the zenithcex.com trading software, one can trade their preferred altcoin, bitcoin, or Ethereum. Some of the key trading features of the CEX trading platform include:

Spot Trading: The Zenith CEX, like any other top centralised exchange, offers spot trading alternatives. Users can buy and sell their preferred tokens or coins with ease. They can either utilise the “Limit Buy” option to set the price at which they wish to buy a specific currency or token. Users can, on the other hand, use the “Market Buy” option to decide how much of their current asset they want to spend on another token or coin.

Margin Trading: Users who want to increase their trading gains can use Zenith CEX’s margin trading option. This trading option multiplies trading results, allowing traders to profit more from good deals. To get started, users will need to put down a percentage of the total order value. After they’ve opened the trade, they can choose to sell Long or Short.

P2P Trading: P2P is a type of trade that takes place between users rather than between users and the exchange. This option allows them to buy and sell bitcoins directly from or to other users.

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