TRON’s Justin Sun Accusses Filecoin Team Of Pulling An Exit Scam

October 16th, 2020

In his fresh attack on the newly launched Filecoin platform, TRON’s Justin Sun has accused the Filecoin team of pulling an exit scam. In his latest tweet, Justin Sun notes that the Filecoin team sold 1.5 million native FIL tokens at a high price of USD 200. Besides, he also goes to mention that Filecoin…

Binance and OKEx Control Your Crypto Assets, Not You

October 16th, 2020

It has become painfully obvious for thousands of cryptocurrency traders today that centralized exchanges control their assets and can shut off access at their whim. A couple of hours ago one of the largest crypto asset exchanges in the world suspended withdrawals rendering thousands of people with no access to their funds. Withdrawals of digital…

Synthetix Network Token DeFi Dominance Tanks Amid Looming Breakdown

October 16th, 2020

The decentralized finance (DeFi) craze appears to have hit pause. It seems this the time tokens in the sector have to prove their worth to investors. While the DeFi bubble is far from bursting, sustainability is of greater importance not only to the projects themselves but also to the investors in the ecosystem. Synthetix Network…

Uniswap Governance Vote Raises Centralization Questions

October 15th, 2020

DeFi protocol Uniswap is currently undergoing its first governance vote but members of the crypto community have noticed that the whales are largely in control of it. The initial proposal was made by DeFi lending and trading platform Dharma which is one of the largest UNI token holders. In order to make governance more accessible,…

YearnSwap Is All Set to Introduce Its Decentralized Ecosystem

October 14th, 2020

LONDON, United Kingdom, — YearnSwap – Is all set to launch its Decentralized protocols (Lending, Yield Farming, Staking) for public access, YearnSwap aims to provide an Ecosystem with many prominent features available in the market today. With this launch, YearnSwap has stepped closer to its goal of creating an ecosystem where users will be able…

YFI could dump again if this resistance is not flipped into support

October 14th, 2020 has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground. However, buying pressure has continuously been thwarted. The biggest blow was the recent slide to $12,000. Luckily, buyers came to the rescue of the…

Ripple Price Prediction: XRP on the verge of a breakout to $0.30

October 14th, 2020

Ripple’s recovery has, in the recent past, hit a wall at $0.26. In September, the cross-border token appeared to have bottomed out at $0.22. Recovery followed, but gains above $0.26 remained out of the picture. At the time of writing, XRP/USD is dancing at $0.258 as buyers nurture an uptrend. An ascending triangle pattern seems…

Grayscale’s Ethereum Trust Attains SEC Reporting Company Status

October 13th, 2020

Grayscale's Ethereum Trust Attains SEC Reporting Company StatusGrayscale Investments says the registration statement on Form 10 that it filed with the U.S. Securities and Exchange Commission (SEC) on behalf of the Ethereum Trust has become effective. This means Ethereum Trust is now an official SEC reporting company and the second digital currency investment product to achieve the milestone. Grayscale’s BTC Trust (GBTC) […]

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Ethereum Price Forecast: ETH Still Has A Clear Path To $400

October 13th, 2020

Ethereum majestically closed in on the psychological resistance at $400. However, the smart contract giant hit a barrier at $395, leaving $400 unconquered. Meanwhile, ETH/USD is teetering at $384 amid an ongoing retreat. They started over the weekend from levels around $350. Ether recovered in tandem with Bitcoin as it scaled the levels above $11,000….

BitShares BitAssets1.0 “Reloaded” – Committee Owned StableCoins

October 10th, 2020

Wednesday – The BitShares blockchain and Committee announced the BitShares BitAssets1.0 ‘Reloaded’. BitShares will once again have committee owned, market-pegged, collateral-backed assets – this time, operating ‘as nature intended’. The idea of these new fixed price assets re-establishes the rules to ensure the truest of stablecoins for BitShares. (See this BitShares Talk thread to apply…