News

Compound’s (COMP) meteoric rise is equal parts FOMO and illiquid price pushing, with industry observers drawing parallels with the infamous ICO boom of 2017. The lending-centric token even made it to Coinbase this week, with the latter notorious for taking a methodical, legal-first approach to projects.  Thus far, there were limited avenues to bet against […]

Crypto.com is temporarily suspending its Europe and U.K. issuances of MCO debit cards after its former card operator — Germany’s Wirecard AG — slipped into bankruptcy and filed insolvency this week. The Hong Kong-based company will now find a new card operator to commence its card business again — one of the largest in the […]

In 2017 and 2018, smart contracts were seen as the next big thing in crypto. Ethereum rallied from literal dollars to a peak of ~$1,400, ICOs promising evolutions in smart-contract tech raised billions, and many of the cryptocurrencies in the top-50 touted smart contracts as their killer use case. Despite the promise, this segment of […]

Blockchain technology and digital currencies are increasingly revered as the next phase for technological advancements, alongside the usual suspects of A.I., machine learning, and drone tech. This week, Ripple co-founder Chris Larsen spoke on a CBInsights forum about the slow development of blockchain and cryptocurrencies in the U.S. Speaking to WSJ reporter Paul Vigna, Larsen […]

The infamous PlusToken Ponzi scheme is back in the crypto news once again. The reason: its inactive Ethereum wallet has become active again as the scammers attempt to liquidate what they stole. The crypto community was first alerted of PlusToken’s return when a crypto account tracker revealed earlier this week that 789,534 ETH had been […]

Investors have been boggled by the recent divergence between Ethereum’s price action and its fundamental growth. The cryptocurrency’s robust on-chain statistics have come about despite it being fully exposed by the downside seen by Bitcoin as of late. One explanation for this trend is that the explosive growth of the DeFi sector does not immediately […]

It has been a rocky past few years for the price of XRP. After incurring an explosive rally that sent it up to highs of nearly $4.00 in the first week of 2018, the cryptocurrency watched its buying pressure evaporate, causing it to plunge alongside the rest of the market. This decline eventually led it […]

An incident earlier this week showed what peak Decentralized Finance (DeFi) could look like — one where the smartest survive and rent-seekers are eradicated immediately. Gaming the game On June 25, Predictions Exchange tweeted FTX was creating tokens and listing them on CoinGecko, while supplying its own liquidity for capturing Balancer (BAL) distribution. The tweet […]

Chainlink’s immense momentum has shown some slight signs of slowing down after the cryptocurrency set fresh all-time highs yesterday. This slow-down doesn’t by any means mark a rejection, although it has faced some slight resistance just above its current price level that has slowed its advance. As for what could be fueling this immensely bullish […]

It was a long time coming. After Bitcoin’s May 12 halving event, many in the cryptocurrency community suggested weaker miners would move out of the market and leave much of the hash rate open to stronger players.  But, as the Bitcoin protocol is, the network’s hashrate adjusted itself negatively — meaning lower difficulty — allowing […]