Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good? How to get involved? If using bots to automate your trades sounds like something you would be interested in exploring further, there are many resources available. You could certainly begin by digging into different […]
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Demand for Wrapped Bitcoin is increasing along with the DeFi rally. Binance, the world’s largest cryptocurrency exchange in terms of market capitalization, is listing another token to support the growth of decentralized finance, or DeFi. Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC), is now tradeable on Binance, according […]
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The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded. Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30. The explosive growth of the Decentralized Finance (DeFi) market has pushed many avid investors to DEXes over centralized exchanges. […]
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DeFi platform Synthetix (SNX) surpassed $1 billion in total value locked but what’s fueling the protocol’s growth? Synthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020, having hit its […]
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What’s behind Ledger’s tough stint recently? Charles Guillemet, the company’s CTO, responds to all the questions and criticism. Ledger, one of the crypto industry’s most popular hardware wallet providers, has faced multiple difficulties in recent weeks, including a breach in the company’s customer contact database and a wallet vulnerability putting users’ Bitcoin (BTC) at risk. […]
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Yearn.finance’s YFI token has hit a new all-time high following Aave’s listing and a hint at FTX partnership. YFI, the native token of the Decentralized Finance (DeFi) giant yearn.finance, achieved a new all-time high. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. The price chart of yearn.finance’s […]
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‘DeFi is not a spectator sport,’ says Framework Labs co-founder Vance Spencer Framework Labs, the sister company of Framework Ventures, has raised $8 million in a new seed round. Station 13, an investment firm focusing on blockchain ventures related to sports, media, and entertainment, led the $8 million fundraising round for Framework Labs. Framework will […]
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IDEX has chosen to take a more traditional approach to security. IDEX, a decentralized exchange, recently underwent a security audit by Quntstamp prior to the release of its 2.0 mainnet. The exchange’s CEO Alex Wearn emphasized the importance of security audits to Cointelegraph: Depositing funds into contracts that the authors themselves state are unaudited, and were […]
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Privacy coins are quietly being relegated to the fringes of the Blockchain space. Pressured by external forces, two Australian exchanges have begun to delist a number of privacy coins including Monero (XMR) and Bytecoin (BCN). On August 24, YouTuber Alex Saunders tweeted a screenshot of what appears to be an announcement from the Australian exchange, […]
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Some new upgrades to keep in mind. The Binance Chain mainnet, a blockchain software system developed by Binance and its community, is scheduled to do a hard fork upgrade around August 28 at 6:00 AM UTC. According to the company’s post on August 23, the full node runners on the mainnet are expected to switch […]
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