1. Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked. Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET). Gaining 0.30% over the previous 24 hours, which trading range was between $15,971 and $16,487.
2. According to The Block Research data, Polkadot Polkadot has become the most popular staking network. Currently, the DOT tokens pledged on the Polkadot blockchain are worth nearly 3 billion U.S. dollars. The second place is Cardano, which is worth about 1.79 billion US dollars. Tezos (XTZ) and EOS are ranked third and fourth respectively in terms of pledge value, with approximately US$1.4 billion in their respective blockchain networks. In general, a total of approximately US$12 billion has been invested in the top ten networks, of which 8 are one-layer blockchain networks, and the other two are DeFi projects, Band Protocol and Synthetix.
3. According to the ChainNews, the encrypted asset packaging solution wrapped.com development team initiated an improvement proposal MIP6 to the MakerDAO community, proposing to introduce the Zcash packaging token WZEC as a mortgage asset to MakerDAO. WZEC is an ERC20 standard token, anchored 1:1 and ZEC tokens, and is hosted by the American trust company Anchorage. WZEC can be used in traditional DeFi applications such as Uniswap, Balancer and Curve.
4. According to the ChainNews, the Chainlink community funding program will help Etherisc and ACRE Africa establish a decentralized insurance agreement to provide agricultural microinsurance to Kenya. Etherisc is a decentralized insurance agreement, and ACRE Africa is a small insurance issuer focused on Africa. According to Chainlink’s announcement, the project aims to establish a blockchain-based insurance platform to provide affordable insurance for nearly 250,000 small farmers in Kenya to protect them from the effects of climate change in the next three years. The plan increases the chance of small farmers in Kenya to obtain reliable and cheap crop insurance policies, allowing farmers to pay insurance premiums in small installments as low as 50 cents.
English:
Telegram-en/ONEROOT network/R1 protocol/Reddit/Twitter/Medium/Linkedin/Facebook/Github
Instagram: @onerootnetwork
Youtube: @OneRoot Project
Chinese:
Telegram-cn/Weibo
Official QQ group: 6644849O
Official WeChat account: oneroot_admin
