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Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%

During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances of getting elected is favored by 61% over the incumbent Trump. Tuesday’s Presidential Debate was considered by many as one of the “worst debates” in the history of American leadership. However, many people still kept score on how each candidate did during the evening’s political discourse. In addition to all the people watching the debate on television, a great…

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Looks Like DeFi is Coming to Prediction Markets

Would you rather bet on YFI or BTC? PlotX seeks to create robust prediction markets for the burgeoning DeFi space by taking a slightly different approach than Augur and other similar projects. Its founder Ish Goel told Cointelegrpah that his company follows in Uniswap's footsteps:What Uniswap did for exchanges, PlotX essentially is planning to do that with prediction markets.Unlike many of its competitors, PlotX generates markets automatically and focuses on short-term predictions instead of trying to cover all durations. For every trading pair that gets added to the platform, the algorithm automatically creates hourly trading pairs in perpetuity. According to…

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Santiment Reveals Top DeFi Platforms by Development Activity

Maker, Synthetix, Band Protocol, and Augur are the top DeFi platforms in terms of developer activity. Santiment research has revealed that the top DeFi platforms in July in terms of development activity include Maker, Synthetix, Band Protocol, and Augur.But it also revealed that some of the platforms that saw the biggest gains in price or locked collateral recently did not have much developer activity comparatively including Compound, Aave, Balancer, and Yearn Finance.The report delved into the top ERC-20 projects (not exclusively DeFi projects) with the highest-recorded developer action using its own ranking system called Sanbase. It defines development activity as a…

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Top 10 Best Cryptocurrencies to Invest in 2020

Since Satoshi Nakamoto introduced the first cryptocurrency in 2009, the crypto market has been expanding rapidly. As of July 2020, there are over 5,000 altcoins with a total market capitalization of more than $321 billion. Those who were lucky enough to invest in BTC in early 2010 while keeping it up until 2017, could significantly augment their capital.  2017 was the year when even grandmothers were ready to invest in cryptocurrency. Then there was darkness. The crypto winter brought bankruptcy to scam ICOs investors and placed an unremarkable spot on the crypto industry’s reputation.  However, 2019 became a recovery year.…

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Augur v2 Is Live: Massive Increase Of Active Addresses During Day One

The launch of the updated Augur v2 betting platform has attracted massive interest from investors. Recent data indicated that the number of active addresses has skyrocketed on the day after the v2 release. Augur V2 Is Live The veteran decentralized betting platform allowing customers to place bets on various cryptocurrency-related outcomes Augur launched the second version of its platform on July 28th, 2020. Dubbed Augur v2, it has brought multiple upgrades, including touching upon the ongoing DeFi boom with the Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s DAI, and Uniswap’s v2 oracle network. “The Augur v2 protocol contracts have been…

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Augur V2 Deployed on Ethereum Mainnet

On July 28, 2020, Augur v2 was deployed on the Ethereum mainnet and a new token, REPv2, introduced after a year-long formal audit. The no-limit betting platform is now urging users to manually migrate their old REP tokens to REPv2. For facilitation, there is a migration tool on Augur’s user interface.  Augur v2 Represents a Significant ImprovementRead MoreRead More. The post by Dalmas Ngetich appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Augur Completed V2 Upgrade, Integrating DeFi Features

Augur Completed its V2 upgrade and integrated multiple DeFi features onto the platform as we are reading more in the upcoming altcoin news today. The decentralized prediction market platform Augur completed its latest upgrade and according to the announcements it was successful. The upgrade is intended to address bugs and vulnerabilities identified with the current problems and rules surrounding the betting markets to introduce support for the DAI Stablecoin and other popular DeFi protocols and to institute affiliate programs as well. Augur revealed as well that its v2 protocol contracts were deployed on the ETH mainnet and verified on Etherscan…

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Augur Deploys V2 Upgrade, Integrates Features From DeFi

Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade.The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, to introduce support for the Dai stablecoin and other popular DeFi protocols, and to institute an affiliate program.On July 29, Augur revealed that its v2 protocol contracts had been deployed on the Ethereum Mainnet and verified on Etherscan. In a statement the project noted that “exchanges,…

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CryptoPotato’s Fund Records Monthly 22% Increase: Here’s What Changed

CryptoPotato’s cryptocurrency fund (the Crypto Fund) launched nearly a year ago continues to attract new investors and its performance has increased sharply during 2020 and especially in the past month. The growth comes after a significant change in its asset allocation with the purchase of Augur’s native token – REP. CryptoPotato’s Crypto Fund History During the summer of 2019, CryptoPotato launched an innovative fund that invests in several digital assets. Before going live, readers had the chance to vote from 70 different cryptocurrencies which assets would ultimately enter the Fund. The Fund came alive following a partnership with ICONOMI. The…

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Crypto Price Analysis & Overview July 24th: Bitcoin, Ethereum, Ripple, DigiByte, and Augur

Bitcoin Bitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase of consolidation. This positive breakout now puts Bitcoin on the bullish trajectory as it sets its sights towards the $10,000 level again. Looking ahead, the first two levels of resistance are expected at $9,815 and $10,000. Above $10,000, resistance lies at $10,226 and $10,430 (2020…

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Top 33 Cryptocurrency Described In Four Words Or Less [INFOGRAPHIC]

Cryptocurrency which is also termed as Digital or Virtual currency is considered to be a form of asset and the crypto is designed to work as an exchange medium. The Crytpocurrency uses a strong cryptography to secure its financial transactions. All the cryptocurrencies work on a technology called as blockchain and it is a decentralized... The post Top 33 Cryptocurrency Described In Four Words Or Less [INFOGRAPHIC] appeared first on .

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