8 hours ago · 2 min read
DeFi’s Compound (COMP) has crashed 50% in two weeks—and it may drop further
When Ethereum-based finance protocol Compound launched its native token COMP in June, it traded at $30.
Ethereum is by far the leader in the smart contract blockchain space.
There’s no end in sight to XRP’s downtrend as transaction volume wanes
XRP has been struggling to ward off the heavy selling pressure it has been facing since late-February, with its buyers being unable to spark any type of notable rebound from its mid-March lows.
An exploit on Compound is allowing users to leverage their initial capital multifold, creating more Compound DAI than real DAI, and a situation that some are terming impossible.
Research finds cryptocurrency startup Kuailian is a Latin BitConnect
Cryptocurrency research firm Tulip Research has found an alarming number of inconsistencies in Kuailian, a masternode startup that has raised more than $100 million from investors.
BlockDown Conference launches video on demand service, BlockDown TV
The company behind one of the most popular crypto and blockchain-related conferences in the industry has announced the launch of BlockDown.TV, a platform where users can access content from previous BlockDown conferences.
Compound holds massive influence over 3 major tokens: Breaking down the “COMP effect”
The launch of Compound (COMP) just a couple weeks ago has provided the decentralized finance sector with a boost that has completely altered its trajectory, ushering in a wave of new DeFi participants while also providing investors with massive gains.
Coronavirus pushes Bitcoin-friendly Japan to begin “Digital Yen” trials
The East Asian superpowers are battling it out, this time with blockchain and digital currencies as a focus.
Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%
The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month.
Abra CEO: Cardano’s “Shelley” upgrade is good as it spurs competition in crypto
For the longest time, Ethereum has been the king of smart-contract blockchains.
In 2017 and 2018, Ethereum seemingly had one purpose: it was a platform for crypto entrepreneurs to launch initial coin offerings.
Economic turbulence in 2020 sparks boom in crypto-based CeFi lending
Crypto-based centralized finance (CeFi) platforms appear to be the beneficiary of the economic events seen throughout the past fiscal quarter.
There’s been a lot of money made in Ethereum’s decentralized finance (DeFi) sector over recent weeks.
Cardano parent signs a custody agreement with Coinbase to allow ADA staking
IOHK, the company behind the Cardano blockchain, has announced that it had signed an agreement with Coinbase Custody.
Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.
Huobi launches Chainlink (LINK) node, aims to bolster the DeFi market
Huobi, one of the world’s largest crypto exchanges by market cap, is now running a Chainlink (LINK) node on its Wallet service, the firms announced in a release Thursday.
Charles Hoskinson: Cardano’s code is the “highest quality” seen in the crypto space
It has been an exciting week for Cardano, with the ongoing rollout of the Shelly public mainnet electrifying the ADA community and sending the token’s price rocketing higher.
DeFi-favorite Ethereum wallet MetaMask gets Version 8 update, new features
Popular non-custodial wallet MetaMask announced it will roll out a Version 8 update for the wallet in the coming weeks, promising increased privacy, a better UI, and other user-centric features.
VC argues DeFi isn’t a bubble as Chainlink, Compound and more go parabolic
If you’ve followed the crypto market over the past months, you’ve likely noticed what many others have: a majority of the best-performing altcoins are based on decentralized finance (DeFi).
Bitcoin, and the cryptocurrency market, has largely traded in a tight price band since an initial rise in early-2020.
Cardano starts off first day of Shelley Virtual Summit with 5 new announcements
Cardano’a parent company IOHK started off the Shelley Virtual Summit with 5 major announcements, unveiling some of the innovations that were made possible by the public mainnet launch of Shelley, including its identity solution PRISM, a new model for governance on Voltaire, as well as a $20 million fund aimed at dApp development on Cardano.
Ethereum co-founder says “rollups” will power ETH 2.0 to 100k TPS
The transaction per second (TPS) metric is informally considered the standard for the scalability of any blockchain.
Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin
Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next moonshot.