Ether price dropped below $600 as altcoins are feeling the pressure from the SEC vs. Ripple lawsuit. XRP has been showing massive weakness as the cryptocurrency is being sued by the SEC. Its price tumbled significantly from $0.65 to $0.21 in four days, a crash of 67%. Meanwhile, other altcoins also corrected significantly in the past […]
Continue Reading
Experts in blockchain technology and the crypto space take on the question: What impact has DeFi had in 2020, and what can we expect in 2021? Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start […]
Continue Reading
DeFi, like crypto as a whole, features brilliant and questionable projects in equal measure. As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on. At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the […]
Continue Reading
South Korea’s Hashed has established a new fund to finance emerging blockchain startups Hashed, one of South Korea’s largest crypto asset fund managers, has raised 120 billion won ($110 million) to fund new blockchain ventures in the so-called “protocol economy.” The funds were raised via Hashed Ventures Inc., a new entity that will oversee the […]
Continue Reading
There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services? Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably […]
Continue Reading
“The idea is that if you can provide a root of trust that is literally in outer space, you have something that has an unprecedented level of security because this is a fully tamper-proof Trusted Execution Environment.” At first glance, an out-of-this-world plan to launch a network of crypto satellites into space, sounds like one […]
Continue Reading
The D.C.-based think tank doesn’t view XRP in the same light as Bitcoin or Ethereum. In its coming fight against the Securities and Exchange Commission, Ripple won’t see support from some of the mainstays of the crypto lobby. Jerry Brito, the executive director of Coin Center, made it clear on Tuesday that his organization won’t […]
Continue Reading
Ether price weakness in its Bitcoin pair is bad news for altcoins if ETH doesn’t bounce soon. It’s been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days. However, a reversal typically occurs once altcoins start […]
Continue Reading
The XRP price correction is exacerbated by reports of a looming lawsuit against Ripple. XRP price declined by 21% in two days on Coinbase from $0.5695 to $0.4491. The drop was accelerated by reports on Dec. 22 that the U.S. Securities and Exchange Commission (SEC)’s is preparing a lawsuit against Ripple. Brad Garlinghouse, the CEO […]
Continue Reading
Despite the company’s protestations, it appears the SEC is the latest in a long line of plaintiffs. Ripple will be sued by the SEC for allegedly selling unlicensed securities in the form of XRP tokens, according to Fortune. In a move reminiscent of Coinbase’s recent front-running of a New York Times expose of its alleged […]
Continue Reading