News

For many, yield farming has been a profitable activity: there have been stories of users turning small accounts into a large amount of capital, simply by swapping from projects like Yam Finance and SushiSwap. But, for some, it’s been rather unprofitable. Alex Manuskin, a researcher at crypto wallet startup ZenGo, recently noted that a user […]

Like Bitcoin, Yearn.finance (YFI) doesn’t have a centralized figurehead. For the sake of the long-term security and stability of the protocol, it shouldn’t have one anyway. But also like Bitcoin and other top crypto-assets, Yearn.finance has promoters or “shillers,” one could say. The most prominent of these promoters is “Blue Kirby,” a Twitter user that […]

A new decentralized exchange (DEX) built on blockchain protocol Tezos promises lower fees and ultra-fast transactions for all upcoming tokens built on the blockchain. Meet the DEX(ter) on Tezos Called Dexter Exchange, the DEX is an open-source, non-custodial exchange built specifically for XTZ and holders of other Tezos FA1.2 tokens, the latter refers to an […]

Victims of the infamous Mt Gox hack in 2014 are set to receive a record 150,000 Bitcoin reimbursement in the coming months. But that may cause selling pressure as some might cash out their gains. A brief Mt. Gox story As a brief background, the Japan-based Mt. Gox was once the largest crypto exchange on […]

Despite relative resilience in the price of Bitcoin after the news of the U.S. CFTC charging BitMEX, leading Ethereum-based decentralized finance coins are being crushed as of this article’s writing. No coin shows this as well as SushiSwap’s SUSHI token, a governance token for the leading decentralized exchange. Top Ethereum-based coins crushed despite Bitcoin stability […]

The price of Yearn.finance’s governance token – YFI – has been plummeting as of late, with the sell-side pressure overwhelming the cryptocurrency’s bulls as it shatters multiple key support levels that were previously boosting its outlook. This has struck a blow to the community sentiment that has been so pivotal for incubating its growth, which […]

Despite Bitcoin trading far below its previous all-time high of $20,000, there are more prominent investors, celebrities, and politicians adopting the cryptocurrency than ever before. This much was made clear when Godfrey Bloom, a U.K. politician that is also an economist of the Austrian school, announced this week that he has purchased Bitcoin, adding to […]

Recent news regarding the U.S. Commodities and Futures Trading Commission’s crusade against the three co-founders of BitMEX has had grave implications for Bitcoin and the crypto market. Many investors now fear that this marks the start of a fresh round of regulatory scrutiny on the crypto industry from U.S. regulators, which could have far-reaching implications […]

Early in September, every Ethereum developer was launching tokens branded with a type of food. There was Pizza Finance, Tendies, Springroll Finance, and projects based on almost any food under the sun. It’s no secret that the market got quickly saturated. This resulted in a decline in the value of these tokens as many realized […]

Bitcoin, Ethereum, and altcoins have seen rapid growth this year. BTC in and of itself was up nearly 100 percent just weeks ago while certain altcoins have surged literally thousands of percent. This trajectory has made many analysts and fund managers in the space confident that cryptocurrencies will start nearing $1 trillion market capitalizations. As […]