Coins

LINK Update: Binance-Incubated Injective Protocol Collaborates with Chainlink

October 26th, 2020

Despite an impressive performance by several DeFi tokens in the month of September, Chainlink, which supplies data feeds to DeFi systems, witnessed its LINK token drop nearly 50% month to date. The famous oracle token went on to become the worst return among digital assets for that month. However, Chainlink has made some crucial collaborations…

Grayscale Adds $300M in One Day, as AUM Hits New High

October 23rd, 2020

Institutional crypto fund Grayscale has reached a record high in terms of assets under management as institutions fuel the Bitcoin bull run. Grayscale has been loading up on digital assets, increasing its AUM as prices continue to climb. This latest milestone has seen that figure hit $7.3 billion as $300 million gets added in one…

Binance Launchpool Adds DPoS-Based Certik Chain

October 23rd, 2020

Being one of the world’s largest centralized exchanges has not deterred Binance from bringing in the DeFi experience to its users. Adding to its trend of rolling out DeFi-focussed products and services, Binance Launchpool has announced its new project, the Delegated Proof-of-Stake (DPoS) blockchain, CertiK Chain on the 22nd of October. “#Binance and @Certikorg are…

Ethereum Price Forecast: ETH Thrusts Through $400 Resistance as $500 Calls

October 23rd, 2020

The smart contract cryptocurrency has been on an upward roll since late September. Support embraced at $320 played a key role in the progress, especially at the beginning of October. As covered, Ether struggled with the seller congestion at $360 and $390, before making the final leap for $400. The trading in the last few…

PayPal Will be Buying Bitcoin to Seek Profits on Spreads 

October 22nd, 2020

Although the news that PayPal enabling crypto payments has been widely viewed as bullish for the industry, there has been some criticism over its restrictive policies. Bitcoin surged to a new 2020 high above $13k in the hours following the news that PayPal would be enabling cryptocurrency payments for its U.S. customers. However, some industry…

PayPal Introduces Crypto Trading, Plans To Start Crypto Shopping Facility

October 21st, 2020

The long wait has finally ended! On Wednesday, October 21, online payments giant PayPal Holdings has confirmed its entry in the crypto market as per the Reuters report. PayPal said that it will allow its customers to trade Bitcoin and other digital currencies via the company’s online wallets. PayPal said that it has received the…

UniSwap Price Prediction: UNI Eyes $3.6 If This Resistance Is Broken

October 21st, 2020

UniSwap has in the recent past dominated the decentralized finance sector. However, the token is not performing well in terms of price action, but that seems to be the story for the majority of tokens in the ecosystem. Data by DeFiPulse shows UniSwap leading the pack with roughly $2.7 billion in locked funds, representing a…

Dharma Domination Drive Thwarted as Uniswap Vote Concludes

October 20th, 2020

DeFi protocol Uniswap has concluded its first governance vote with a failure to come to quorum by a minuscule margin. The good news is that it keeps the platform relatively decentralized … for now. The first governance vote for automated market maker Uniswap concluded on October 20 with 98% of the votes in favor of…

Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack

October 18th, 2020

Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the token. Cronje’s comments follow reports that a group of defi community members planning to sue…

Filecoin Offering: Community Alleges Token Dumping, Tron’s Justin Sun Wants the US SEC to Investigate

October 17th, 2020

The recent Filecoin (FIL) token offering is creating controversy as some crypto community members are alleging that an unknown account has received 1.5 million tokens when only 500,000 were due for unlocking. According to reports, 800,000 tokens out of the 1.5 million of such tokens have been transferred to Huobi and other exchanges. Filecoin Denial…