Bancor BNT

$0.5983
Market Cap $ 38.394 MM (#106)
24h Volume $ 2.658 MM
Chg. 24h: -3.87%
Algo. score 4.4/5  (#8)
Show Quick Stats

Bancor News

Spiking 50% Crypto Gains Will Fuel Bitcoin Price Surge

Throughout March, a handful of crypto assets and tokens have consistently outperformed Bitcoin, recording gains in the 50 percent to 100 percent range against the U.S. dollar. Due to the reported partnership between Samsung and Enjin, for instance, Enjin Coin and other cryptocurrencies related to the project such as Kyber Network and Bancor demonstrated a significant increase in value. Bitcoin Price Will Benefit From It According to cryptocurrency trader Josh Rager, based on the historical trend of the cryptocurrency market, the price surge and newly established momentum of crypto assets may fuel Bitcoin in the near-term. Following a large movement The post Spiking 50% Crypto Gains Will Fuel Bitcoin Price Surge appeared first on CCN

2 days ago

WATCH: An incredible @EOSWeekly video exploring the inner wo...

WATCH: An incredible @EOSWeekly video exploring the inner workings of the new Unified Bancor Wallet. “A major step… https://t.co/NRv6Uxtb6e

3 days ago

WATCH: Millions of mobile phone users now have access to Ban...

WATCH: Millions of mobile phone users now have access to Bancor & $BNT in the @enjin wallet on @Samsung's new Galax… https://t.co/IEiwZOusIK

5 days ago

Using Bancor, @Grassecon has successfully deployed a #crypto...

Using Bancor, @Grassecon has successfully deployed a #crypto-based #UBI in #Kenya. A farmer can now receive payment… https://t.co/y2t1KYTY50

6 days ago

Bancor Hackers Transfer 25,433 ETH of the Stolen Loot

The Bancor hackers have transferred some of the stolen Ethereum tokens to another wallet. The loot, stolen on 10th July 2018, was transferred to an unknown wallet. According to Etherscan blockchain explorer reports, the tokens were presumably sent to a mixer or an exchange for disposal. The funds were stolen when a wallet with the Bancor exchange private key was compromised and used by the hacker. None of the funds, which amounted to over $23 million, have been recovered. (KE)

6 days ago

.@galiabenartzi, @AbraGlobal & the Bancor team are here....

.@galiabenartzi, @AbraGlobal & the Bancor team are here. Come & say hi! 👋 @asiacryptoweek @token2049… https://t.co/oIe8kqwo7W

7 days ago

NEW FEATURE ALERT: You can now use Bancor with @Ledger in ad...

NEW FEATURE ALERT: You can now use Bancor with @Ledger in addition to @Trezor, @metamask_io & @Get_Scatter! Try it… https://t.co/7XsYZMnduI

7 days ago

Meet @galiabenartzi & the Bancor team tomorrow at a spec...

Meet @galiabenartzi & the Bancor team tomorrow at a special side event with @AbraGlobal during @AsiaCryptoWeek. DM… https://t.co/USVhncHhsh

8 days ago

@dotkrueger Hey Fred, as part of our new Unified Wallet, Ban...

@dotkrueger Hey Fred, as part of our new Unified Wallet, Bancor provides users with free $EOS mainnet accounts. Eac… https://t.co/zroXLCsCAR

9 days ago

Bancor Launches Wallet for On-Chain Conversions Between ETH and EOS Tokens

Switzerland-based crypto liquidity network Bancor has launched a wallet for on-chain conversions between Ethereum and Eos tokens

10 days ago

Bancor’s New Wallet Allows One-Click Cross-Chain Token Swaps Between Ethereum and EOS

On Monday (March 11th), blockchain startup Bancor unveiled its new non-custodial web-based Unified Wallet, which allows users to manage 500+ ERC20 and EOS tokens in one wallet and to perform one-click conversions between any two such tokens (across 9700+ pairs).

10 days ago

Bancor (BNT) Releases New Wallet with Cross-Chain Token Trading

The Bancor (BNT) decentralized liquidity network has announced the launch of its new Bancor Wallet which offers cross-chain token trading between Ethereum and EOS-based tokens. The non-custodial Bancor Wallet is built on top of Bancor’s dApp for trading Ethereum and EOS tokens, BancorX, which utilizes the BNT token to make cross-chain transfers. Another key point of focus for the new wallet was the user experience, which now “resembles that of Coinbase and other popular custodial wallets,” according to a Bancor statement. The BNT token is currently trading at $0.59359. (JF)

10 days ago

@vannatten @ethereum Did you save your 12 words when you ori...

@vannatten @ethereum Did you save your 12 words when you originally created your Bancor Wallet? If not, your best… https://t.co/71SDFin0sc

10 days ago

Monarch Wallet Partners with Celsius Network to Provide Users up to 7% Interest on Crypto Holdings

Monarch Wallet users are now eligible to earn 3% to 7% interest on their crypto holdings thanks to a new partnership with blockchain-based lending and borrowing platform Celsius Network. Users will also be able to leverage the account to access US-dollar loans at affordable rates and literature from Monarch Wallet shows the interest rate on loans could be as low as 4.95% but depends on how much collateral borrowers have deposited on the platform. Monarch Wallet currently has more than 200,000 Android and iOS downloads and supports more than 1,800 cryptocurrencies. The partnership with Celsius comes after the company secured partnerships with other industry heavyweights like Scottsdale Mint, Bancor and Coinvest, and the company estimates that their user base will exceed 10 million when fully deployed. (RS)

10 days ago

Bancor launches new wallet to improve user experience for cross-chain token trading

Bancor, a decentralized liquidity network, has announced the launch of its new Bancor Wallet, a non-custodial wallet offering cross-chain token trading between Ethereum and EOS-based tokens.

11 days ago

We are honored to receive the @eostorch from @EOSAUTHORITY! ...

We are honored to receive the @eostorch from @EOSAUTHORITY! Today is a very special day for Bancor & the $EOS ecosy… https://t.co/mUVlwLLFUu

11 days ago

Catch Bancor Co-Founder @galiabenartzi speaking on "The Push...

Catch Bancor Co-Founder @galiabenartzi speaking on "The Push Towards a Billion #Crypto Users" this coming week… https://t.co/gemVaJvTo1

12 days ago

Weekend Reading: An extensive introduction to $BNT and the c...

Weekend Reading: An extensive introduction to $BNT and the cross-chain mechanics of the Bancor Network by… https://t.co/ghzSLjSV89

13 days ago

Cryptocurrencies Surge 30%-100%. Here’s Why Momentum Can Boost Bitcoin Price

Bitcoin has remained relatively stable in the $3,800 to $3,900 range over the past week while crypto assets like Enjin Coin (ENJ), Litecoin (LTC), ICON (ICX), and Kyber Network (KNC) surged by 30 percent to 100 percent. Off of the reported partnership between Enjin and Samsung, the price of Kyber Network spiked by 60 percent overnight. In late January, the Enjin team revealed that it integrated Kyber, Changelly, and Bancor to convert 200 tokens from thousands of trading pairs natively on the wallet. What to expect for $KNC here? My guestimate is based on the performance $enj showed after the The post Cryptocurrencies Surge 30%-100%. Here’s Why Momentum Can Boost Bitcoin Price appeared first on CCN

13 days ago

Before Bancor, the concept of using staked liquidity & n...

Before Bancor, the concept of using staked liquidity & network tokens to automate conversions was not a reality. Th… https://t.co/wU2f2vRmCK

16 days ago

What Is Bancor Network Token? Introduction to BNT Token

What Is Bancor Network? The Bancor Network is a cross-chain cryptocurrency conversion platform that lets you convert between Ethereum and EOS tokens (others are in the works) without the need of a middleman or other third party. Bancor Network Token (BNT) is the intermediary token used by Bancor to initiate exchanges. It’s both an ERC-20 token and EOS token. This helps keep exchange costs down, as it often takes multiple exchanges to move investments around. Of course, decentralized exchanges have reduced costs over popular options like Binance and Coinbase, but that’s not the real secret sauce in Bancor’s network. It also reduces the time it takes to perform an exchange. In most exchange platforms (even decentralized, P2P platforms like Kyber and 0x), a trade order needs another party to accept the buy/sell/exchange for it to occur. This takes time, and there are a lot of factors involved, both technical and financial. At the heart of the network is the Bancor Protocol, which is inspired by a currency balancing system conceived all the way back in 1944 by John Maynard Keynes and E.F. Schumacher. The Bancor Foundation, headed by self-proclaimed cryptocurrency expert President Bernard Lietaer, is dedicated to leveraging this protocol through blockchain technology. And it’s continuing to build - both a decentralized-application (dApp) marketplace and further cross-chain capability is in the immediate development roadmap. Let’s start better understanding Bancor by examining the performance of Bancor Network Token (BNT) on the cryptocurrency market. BNT Cryptocurrency Summary The circulating supply of Bancor Network Token is 61,580,171 out of a total supply of 73,605,657 BNT, as of February 25, 2019. The peak price of BNT so far was $10.08 on January 13, 2018. The Bancor ICO token sale raised over $153 million worth of ETH on June 12, 2017 by selling approximately 40,000,000 BNT at an exchange rate of $3.92. BNT can not be mined - instead it’s created as needed to initiate token exchanges. Essentially it represents the value of currencies held in the smart contract, and used as the medium for token-to-token trades. It’s then easy to convert any supported tokens into ETH or EOS, which can be sold for fiat cash on an exchange like Coinbase. BNT currently exists as an ERC-20 token, but a mirror-image EOS-based token is created to mimic the ERC-20 token. It’s not necessary to convert anything into BNT; it can be bought on its own and converted into any supported tokens. It takes ETH to purchase BNT. Approximately $2,000,000 worth of BNT is traded on a daily basis, most of which occurs within the platform itself. Other cryptocurrency trading platforms that accept BNT include LATOKEN, Binance, CoinBene, and HitBTC. Trading pairs include ETH, EOS, BTC, and USDT (along with ETH and EOS tokens). As an ERC-20 token, BNT can be stored in any ERC20-compatible cryptocurrency wallet, such as MyEtherWallet, Trust Wallet, and hardware wallets from Trezor, Archos, and Ledger. Inside the Belly of the Bancor I know what you’re thinking - does the world really need another exchange or liquidity platform for cryptocurrencies? The short answer is yes, and the reason is because Israel-based Bancor provides a much-needed service for cross-platform and inter-platform currency exchanges. Instead of exchanging tokens with another trader, you are only trading with a program. If you think about it, this isn’t even something you can do with fiat cash. If I wanted to exchange a US Dollar for Euros, I need someone with Euros to accept the exchange. Otherwise I might as well be standing on the Las Vegas strip handing out pamphlets. While it sounds complicated, the inner workings of the Bancor Network are pretty simple. Liquidity is provided by creating a smart contract that tracks balances of different tokens to ensure they’re fully balanced at all times. The total will always equal the BNT balance represented by the smart contract. This skeletal structure removes the need for an exchange as an intermediary third-party for the other end. You can continuously perform on-chain conversions within your Ethereum- or EOS-compatible web3 wallet without the need (right now) of even registering. Think of an hourglass - no matter which direction you pour the sand, the object itself will always contain the same amount of sand. In this scenario, the hourglass itself is the smart contract, and each grain of sand represents the tokens you’re trading between. And the development team isn’t just resting on its laurels. It’s also encouraging an open development marketplace for dApps that could make use of this balance system and the platform’s cross-chain capability. Now finishing its second year of active development since funding, 2019 should be a solid year if the team can stay on track. Summary Bancor Network is based on the Bancor Protocol, a currency exchange concept from the 1940s. It uses Ethereum and EOS smart contracts to enable token exchange

16 days ago

What Is Bancor Network Token? Introduction to BNT Token

What Is Bancor Network? The Bancor Network is a cross-chain cryptocurrency conversion platform that lets you convert between Ethereum and EOS tokens (others are in the works) without the need of a middleman or other third party. Bancor Network Token (BNT) is the intermediary token used by Bancor to initiate exchanges. It’s both an ERC-20 […]

16 days ago

WATCH: You can use Bancor in the @eosnova_io #DApp Station f...

WATCH: You can use Bancor in the @eosnova_io #DApp Station for free conversions between $EOS #tokens directly from… https://t.co/5hAnFUhXwQ

17 days ago

Last year, we embarked on a mission to see if the Bancor Pro...

Last year, we embarked on a mission to see if the Bancor Protocol could be used to support a #blockchain-based netw… https://t.co/cND1ee85So

19 days ago

WATCH: Bancor Co-Founder @eyal speaks with @brockpierce &...

WATCH: Bancor Co-Founder @eyal speaks with @brockpierce & @bensig about the origins of Bancor, the longtail of curr… https://t.co/JohPLQvavz

19 days ago

Catch Bancor Co-Founder @galiabenartzi tomorrow at @bit_temp...

Catch Bancor Co-Founder @galiabenartzi tomorrow at @bit_temple in San Francisco discussing the state of the #token-… https://t.co/Rhi2yQWdDg

25 days ago

WATCH: Bancor Co-Founder @galiabenartzi talks #BancorX, comm...

WATCH: Bancor Co-Founder @galiabenartzi talks #BancorX, community currencies & moving beyond #crypto tribalism with… https://t.co/TTP5jHFNVU

25 days ago

ICOs Sold Just 28.5K ETH This Month

According to blockchain analytics firm Santiment, ICOs sold just 28,500 ETH in the last 30 days. As the extended crypto winter continues, companies have been slowing down on their spendings. This is the lowest that companies have sold in a month since Santiment started tracking last year. Bancor was the biggest seller with 8,500 ETH, followed by SingularDTV with 4,000 ETH. Most of the ICOs are holding on to their coins to sell them in the market once the bulls return. ICOs have cooled down significantly after selling 750,000 ETH during November and December 2018. Ethereum (ETH) is priced at $144.19, losing 2.97% in the last 24 hours. (VS)

a month ago

10/ Interoperability between blockchains is one crucial reas...

10/ Interoperability between blockchains is one crucial reason why Bancor does not use $ETH, $EOS or any other… https://t.co/Mwlvx4RCAw

a month ago

8/ Today, the Bancor Network can perform non-custodial conve...

8/ Today, the Bancor Network can perform non-custodial conversions between the @Ethereum and $EOS blockchains. Tomo… https://t.co/bhSJFazznj

a month ago

4/ When a member token joins the Bancor Network, they’re ess...

4/ When a member token joins the Bancor Network, they’re essentially creating an on-chain liquidity pool which hold… https://t.co/EtjSKjzdj2

a month ago

3/ 140+ member tokens are already integrated with the Bancor...

3/ 140+ member tokens are already integrated with the Bancor Network & are all connected through $BNT, allowing ins… https://t.co/3alGnv0EjA

a month ago

2/ In short, $BNT allows the Bancor Liquidity network to rem...

2/ In short, $BNT allows the Bancor Liquidity network to remain #blockchain agnostic and reduces average conversion… https://t.co/UdsuUDxwEB

a month ago

Bancor is #hiring! We're looking for a new QA Team Lead, dev...

Bancor is #hiring! We're looking for a new QA Team Lead, developers & engineers. Check out the latest openings:… https://t.co/vFid9bghpt

a month ago

CoinAgenda Caribbean Returns to Puerto Rico for its Third Year!

SAN JUAN, PUERTO RICO, CoinAgenda (www.coinagenda.com), the premier global conference series for connecting blockchain and cryptocurrency investors with startups since 2014, has announced its third annual CoinAgenda Caribbean event. Taking place at the InterContinental San Juan March 1-3, 2019, CoinAgenda Caribbean will feature three days of conference content, thought leadership and world-class networking events with a special focus on blockchain economic development in Puerto Rico and friendly jurisdictions in the Caribbean, the rise of security tokens, enterprise applications, changes in the digital currency funding vehicles and digital currency exchanges. “The Caribbean region has been a world leader in funding blockchain entities due to its innovative financial structures, and Puerto Rico has attracted more than 300,” said Michael Terpin, CEO and Founder of CoinAgenda. “We’re excited to bring CoinAgenda Caribbean to Puerto Rico for its third year, and look forward to gathering some of the industry’s best and brightest minds to explore what’s next for cryptocurrency investing in 2019 and beyond.” The conference will feature more than 40 speakers and 20 company presentations, including renowned author and economist Harry Dent; Alphabit Fund managing partner Liam Robertson; Tezos security advisor Ryan Lackey; and a panel of Puerto Rico-based blockchain entrepreneurs, including James Greaves (Glyph) and Michaelangelo Anglero (Keyband). More speakers will be announced in the coming weeks. CoinAgenda Caribbean also includes a startup competition highlighting top entrepreneurs developing real-world use cases for blockchain technology. Founders interested in pitching their projects (including security token offerings) are invited to apply here. The contest is judged by prominent token investors, and winners will be awarded a complimentary exhibit at a future CoinAgenda event as well as tickets to partner conferences. Past CoinAgenda startup competition winners have gone on to raise millions in funding, including Aeternity, Bancor, Cashbet, Omega One, SALT Lending, and Qtum. Members of the media are invited to cover CoinAgenda Caribbean. To request media credentials, please email contact@coinagenda.com. CoinAgenda’s official news wire service is Blockchain Wire, the industry’s first press release distribution service focused exclusively on news about blockchain companies, cryptocurrencies, ICOs, STOs, and related announcements. ABOUT COINAGENDA CoinAgenda is the premier global conference series for connecting blockchain and cryptocurrency investors with startups since 2014. CoinAgenda has held conferences in North America, Europe, and Asia, with its global conference happening each October in Las Vegas. To learn more or apply to speak or sponsor, please visit caribbean.coinagenda.com or on our homepage. CONTACT us on our official email ID. Connect with CoinAgenda: Twitter Facebook Telegram The post CoinAgenda Caribbean Returns to Puerto Rico for its Third Year! appeared first on AMBCrypto.

a month ago

.@joahjoe includes Bancor Co-Founder @galiabenartzi as one o...

.@joahjoe includes Bancor Co-Founder @galiabenartzi as one of 3 women leading the female wave in #blockchain, along… https://t.co/DWv2Ak4KUj

a month ago

February Progress Update: Mourning @BernardLietaer’s passing...

February Progress Update: Mourning @BernardLietaer’s passing, sneak peek of Unified Bancor Wallet, congratulating… https://t.co/EP54caC1sC

a month ago

WATCH: Bancor Co-Founder @benartzi delivers a simple explana...

WATCH: Bancor Co-Founder @benartzi delivers a simple explanation of #blockchain in November 2017 at "Startup Nation… https://t.co/7e9ikUpZwQ

a month ago

The primary components of Bancor's decentralized liquidity n...

The primary components of Bancor's decentralized liquidity network are #SmartTokens, $BNT, the Bancor Formula & Aut… https://t.co/LIB47NjV9u

a month ago

8/ $BNT & the Bancor Protocol give developers the abilit...

8/ $BNT & the Bancor Protocol give developers the ability to build powerful cross-chain services, while users are a… https://t.co/I47aSWnpAj

a month ago

4/ Today Bancor Network enables conversions between tokens w...

4/ Today Bancor Network enables conversions between tokens which are built on separate blockchains (@Ethereum, $EOS… https://t.co/igwpMXVxSX

a month ago

3/ For instance, if the Bancor Network used $ETH as its netw...

3/ For instance, if the Bancor Network used $ETH as its network token, the network would only be able to process ET… https://t.co/LicYNnigdu

a month ago

2/ Bancor did not initially use a #blockchain-level token as...

2/ Bancor did not initially use a #blockchain-level token as the network token since doing so would have restricted… https://t.co/QKgEIim1B0

a month ago

Crypto Investor Shares Experience Using EOS Lynx Wallet and DEX Bancor

A crypto investor has posted his experience using the EOS Lynx Wallet and decentralized exchange Bancor. This individual said he purchased stablecoin CarbonUSD (CUSD) using the EOS Lynx wallet. He then traded the CUSD for EOS on decentralized exchange Bancor, saying in a tweet: “No need for coinbase, Binance and the hassle that many experience when trying to purchase EOS. Onward for mass adoption!” Followers asked this individual about the know-your-customer (KYC) process, to which he responded that it took less than 24 hours. The EOS Lynx team, which describes the wallet as the “first EOS wallet built for everyday use,” thanked the investor for sharing his experience on Twitter. (GT)

a month ago

@colingplatt @Frances_Coppola @izakaminska @Tr0llyTr0llFace ...

@colingplatt @Frances_Coppola @izakaminska @Tr0llyTr0llFace Even if the Bancor Network goes offline and the Web App… https://t.co/Dg48PzApB6

a month ago

Catch Bancor Co-Founder @eyal speaking at AWS #Blockchain Da...

Catch Bancor Co-Founder @eyal speaking at AWS #Blockchain Day in #TelAviv tomorrow at 10:30 AM IDT:… https://t.co/UKGgPaqP5G

2 months ago

Bancor Co-Founder @galiabenartzi on the passing of her frien...

Bancor Co-Founder @galiabenartzi on the passing of her friend & mentor @BernardLietaer — A Financial Justice Warrio… https://t.co/ARLtp7gSmq

2 months ago

Did you know that you can integrate Bancor into any website ...

Did you know that you can integrate Bancor into any website or app? Give your users the ability to convert 130+… https://t.co/t6y2Wcu2dk

2 months ago

Nova atualização da Enjin Wallet permite troca de criptomoedas

Por: Livecoins A Enjin Wallet é uma das carteiras de criptomoedas disponíveis para dispositivos móveis que busca seu espaço no mercado, com a novidade de agora permitir token swap (Troca de criptomoedas). Essa carteira de criptomoedas é produzida e atualizada pela equipe da criptomoeda Enjin Coin (ENJ), que é um projeto ligado ao mercado de games. Para guardar as criptomoedas em wallets, que é o mais recomendado em comparação com exchanges, os usuários por vezes verificam que as opções mobile disponíveis na web possuem pouca integração com várias moedas e tokens. A nova atualização da Enjin Wallet, que já está disponível nas lojas Android e IOS, fez o problema citado anteriormente ser resolvido, possibilitando que essa carteira tivesse pela primeira vez na história das criptomoedas suporte Multi-Swap integrado com a Kyber, Changelly e Bancor. Todas essas integrações vão permitir que os usuários da Enjin Wallet possam trocar seus tokens e moedas, dentro do próprio aplicativo do celular, por outros mais que por acaso tenham interesse, com o suporte de mais de 200 tokens e também o Bitcoin, Ethereum, Litecoin e ENJ. Ao fazer uma simulação dentro da wallet de uma troca de criptomoedas, chamada de swap pela empresa, o usuário conseguirá visualizar as informações de quanto receberá na transação, quanto tempo irá demorar e qual o preço. Assim, ele pode escolher qual a melhor forma de realizar o swap para atender às suas necessidades e poderá efetuar uma troca dentro da própria mobile wallet. Apesar da Enjin Wallet se afirmar a primeira a dar suporte ao multi-swap, a Coinomi já possui integração com a Changelly e Shapeshift. Apesar disso, com a integração com a Bancor e Kyber que são exchanges descentralizadas, a Enjin Wallet será integrada a duas DEX e isso sim é uma grande novidade multi-swap que chama atenção. É bom que os usuários sempre pesquisem sobre carteiras seguras antes de utilizar qualquer aplicação, sendo as do tipo mobile não tão confiáveis para se manter grandes quantidades de moedas em comparação com carteiras Cold Wallet. O artigo Nova atualização da Enjin Wallet permite troca de criptomoedas apareceu primeiro em Livecoins.

2 months ago

The Daily: Bitcoin Carnivory, Dapps & DEXs, Quadrigacx Claims Insolvency

The Daily curates stories from the eclectic and often bizarre world of Bitcoin. Today’s roundup demonstrates just how varied that world can be, taking in Bitcoin carnivory, decentralized apps, and a new price comparison tool for token traders. We begin in Canada though, with confirmation that Quadrigacx exchange has bitten the dust. Also read: Coincheck Registers 1.7M New Users Since Resuming Operations Last October Canadian Exchange Searches for Lost Cold Wallets Troubled Canadian exchange Quadrigacx, which ceased trading this week, has filed for insolvency. Its website now consists of a short message from its board of directors informing customers that it has filed for an application for creditor protection in Nova Scotia Supreme Court to address “significant financial issues.” It appears that the exchange was essentially operating a fractional reserve system for weeks, in a move reminiscent of Italy’s Bitgrail exchange, which folded in similar circumstances. Most concerning is the acknowledgement that Quadrigacx has apparently misplaced the cold wallets containing customer funds. The short notice on its website speaks of “very significant cryptocurrency reserves held in cold wallets” that it has been unsuccessful in tracking down. A third-party auditor has now been called in to assist. New Dapp Report Dives Deep An exhaustive new survey from Fluence Labs provides an insight into the dapp development ecosystem. Having polled 160 dapp developers and project teams, it’s assembled a plethora of statistics that attest to the work being done across multiple blockchains. Key findings from the survey include: The majority of dapp projects were started in 2018 and self-funded. Approximately 50 percent of projects use a centralized cloud backend and centralized tools like Infura to connect to the Ethereum blockchain. Most projects monetize through transaction fees. The biggest impediment to major Dapp adoption is the onboarding process for new users. The report also notes that Ethereum still accounts for the bulk of all dapps (77 percent), followed by EOS (19 percent) and Tron (8 percent). In related news, an open source tool called Dex Index has just launched that enables traders to find the best price for ERC20 tokens across the leading decentralized exchanges (DEXs). Developed by the Airswap team, it features a simple but clean design and data sourced from DEXs such as Bancor, Radar Relay, IDEX, and Kyber Network. Dex Index Bitcoiners ‘Fork’ Jimmy Song’s BTC BBQ Bitcoin Carnivory Club is hosting a dinner at a Brazilian restaurant in London on Feb. 7. It will feature Bitcoin Core developer Jimmy Song and trader Tone Vays as guests of honor - plus a whole lot of barbecued meat. Not everyone in the Bitcoin community is enamored with the concept, however, with some believing that such events contribute to the elitism that deters new entrants. “Bitcoin literally has nothing to do with eating meat,” tweeted Cobra Bitcoin. Sign up for Carnivory Dinner London! @ToneVays and I will be hosting.https://t.co/gKSLj1W0bb — Jimmy Song (송재준) (@jimmysong) January 28, 2019 A group of London Bitcoiners has now “forked” the carnivorous event. Its alternative dinner will take place in nearby Thai Square, with organizer Theo Goodman telling Decrypt: “There will be no leaders, no celebrity status and it doesn’t cost $500 to sit at the table.” Vegetarian options will also be available for those who don’t relish chewing meat all evening. Tickets for the Song and Vays hosted event, meanwhile, are priced at $262. Eventbrite listed 26 tickets as being available when Song tweeted about the dinner on Jan. 28. That figure now stands at 24. What are your thoughts on the stories in today’s news roundup? Let us know in the comments section below. Images courtesy of Shutterstock. Need to calculate your bitcoin holdings? Check our tools section. The post The Daily: Bitcoin Carnivory, Dapps & DEXs, Quadrigacx Claims Insolvency appeared first on Bitcoin News.

2 months ago


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