Altcoins

The decentralized finance, or DeFi, sector of the crypto industry has been bursting with exuberance, innovation, and speculation in recent months. The niche is still very much in its infancy, however, according to Richard Byworth, CEO of digital finance company Diginex. “I do believe that DeFi is the future potentially down the road,” Byworth said in an

Beowulf Blockchain, a decentralized cloud network for communication services, has announced the listing of its coin, BWF, on the Bittrex exchange. Headquartered in Silicon Valley, the company stated that its coin would be available on Bittrex starting Sept. 24. According to Beowulf, listing its coin on the Bittrex exchange would help it decentralize ownership of

OKEx CEO Jay Hao called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly centralized, noting that it is wholly controlled by a single team. According to Hao, BakerySwap, built on BSC, collapsed after only 12 hours, leading to

Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to $6.80. Cryptocurrency daily market performance snapshot. Source: Coin360 UNI, which launched less than 48 hours ago, has rallied from around $1.00 to $8.00 in a short period. After an impressive eight-fold gain, the token started to

Blockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community projects as possible. The treasury has already received multiple proposals related to infrastructure development, operations projects, and software development, by teams

A report from crypto data provider, Cross Angle, claims that tokens which first gain traction on Uniswap have consistently provided 208% returns on average once listed by major centralized exchanges. In the past, much had been said about the “Coinbase effect” and “Binance effect”, in which a token’s price allegedly experiences fast appreciation once listed by

Despite the broader security token market booming in recent months, real estate tokens appear to be struggling amid the coronavirus pandemic. AspenCoin (ASPD), the digital security representing fractional ownership in 19% of a five-star 179-room hotel in Colorado, has announced discounts for token holders who stay at the resort to help boost sales. Aspen Digital

IOHK has distributed $250,000 worth of ADA to Project Catalyst. These funds will be allocated to several Cardano-based projects proposed by the community. Project Catalyst is one of the building blocks of Cardano’s Voltaire era, which is expected to bring decentralized governance to the ecosystem. According to IOHK’s press release, Project Catalyst is expected to

Market capitalization and ‘flippenings’ happen to be important reflections of value for many crypto pundits and investors. Anyone who’s been in the game since 2017 will recall the heated discussions revolving around the Ether (ETH) to Bitcoin (BTC) flippening and the same commotion was caused by Bitcoin Cash (BCH) and EOS flipping top blockchains as

Popular hardware wallet company Ledger added Algorand’s ALGO token to the list of wallet-compatible assets available on its desktop app, Ledger Live, allowing holders to store and stake the asset. “The integration with Ledger Live will provide users with additional opportunities to earn passive income, ensuring the highest level of control and flexibility,” Ledger’s CEO, Pascal Gauthier,

Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that Eastern Europe is responsible for “more global darknet market activity than any other region,” with the anonymous free market Hydra comprising the region’s

According to a study published by cybersecurity firm, Aqua Security, cloud servers remain a major target for cryptojacking — a type of attack whose main motivation is to mine cryptocurrencies. The “2020 Cloud Native Threat Report” states that between the second half of 2019 and the first half of 2020, attacks of this nature surged

Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. This occurred as the crypto market was still reeling from Bitcoin’s (BTC) sharp 17.5% correction which saw its price drop as low as $9,800 on some exchanges.  As Bitcoin price slowly recovered, YFI price increased by

The decentralized finance space has grown exponentially over the last few months, to the point where more than $9 billion worth of crypto assets were locked in its protocols before crypto prices started dropping. The space had a little over $500 million locked in back in September 2019. This exponential growth in the last few

Binance’s Changpeng Zhao has received more than his fair share of criticism since Binance’s 2017 launch. As a high-profile crypto figure and the CEO of one of the sector’s largest companies, that is to be expected. But the denunciation leveled at him after the anonymous Chef Nomi’s SushiSwap sell-off scandal has been unwarranted. Few things

On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain.  Tether flows. Source: Flipside Crypto. From time to time, the news of Tether burning some of its supply on one blockchain and then minting it anew on another appears in the