Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction

Celebrity investments are boosting crypto, but the industry still needs to build killer apps. Marketing loves celebrities — and with good reason. They’re “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This […]

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DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin

Supply, demand and the April bull market: Why MakerDAO’s DAI hasn’t been all that stable. Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO‘s DAI. Launched in December 2017 as an ERC-20 token, it’s pegged 1:1 with the United States dollar, with its peg […]

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Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Binance Coin, Stellar, Cardano, TRON: Price Analysis April 22

Some investors are using low prices to increase their overall positions and notable crypto bulls like Tom Lee remain optimistic that the recovery is near. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should […]

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