South Korea's banking association alarmed by altcoin trading mania
10.5.2021
South Korea’s banking body wants crypto exchanges to be wary of the risks of being overexposed to altcoins
DeFi hacks on Binance Smart Chain rise as TVL and volumes increase
10.5.2021
While Binance Smart Chain expands its footprint, hacks on DeFi protocols housed on the network increase hand in hand
Babel Finance raises $40M to expand crypto offerings
10.5.2021
The Series A round underscores growing investor appetite for crypto-focused institutional offerings
The Future of Ethereum in a Meme: Ultrasound Money
10.5.2021
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute...
Crypto Market Sentiment Rises, Bitcoin Reclaims Throne, Polkadot Wins Week
10.5.2021
The past week brought yet another rise in the market sentiment, moving it deeper into the positive zone - while the world's number one coin by market capitalization reclaimed the throne. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins increased from...
Bitcoin bull run won't end 'any time soon' as whale buying hints at new $52K floor
10.5.2021
Funds are ready on exchanges as existing whale behavior suggests that $52,000 is now the floor for Bitcoin
Report: China’s Bitcoin Hashrate Dominance Dives, ‘North America Could Steal the Lead’
10.5.2021
A newly published regional report shows that China’s hashrate has likely dropped to 55% while the U.S. has climbed to 11%. Another study predicts that it’s possible North America could overtake China in terms of hashrate by the end of 2021. Bitcoin Mining Farm Operator Says Mining...
Metis Protocol Raises 4M USD Ahead of its IDO
10.5.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
After securing 1 million USD in funding from angel, seed, and private investment, Metis has received an additional 4 million USD in a round led by a host...
Traders Rotate From Bitcoin To Alts, While JPMorgan Sees Ether As Overvalued
10.5.2021
Ethereum (ETH) and altcoins might keep outperforming bitcoin (BTC) in the months ahead, while the most popular crypto is preparing for a lift off, according to major crypto exchange Kraken. Meanwhile, JPMorgan sees "froth" in the crypto market and claims that ETH is now heavily...
Student Coin Now Offers STC Staking – Will It Change the Future of the Digital Economy?
10.5.2021
Investors can now stake STC, the utility token powering the Student Coin ecosystem, and earn up to 13% APY. Showing the amazing potential of the community backing the project, over 1,000,000,000 tokens were staked in less than 12 hours after STC staking was launched. STC Now Offers Staking, Much...
TriumphX Onboards NFT Artist RisingSun (Kim Il-dong)
10.5.2021
In an important announcement, non-fungible token (NFT) platform developer TriumphX has announced a contract with RisingSun (Kim Il-dong). This exclusive NFT contract with RisingSun (Kim Il-dong) puts TriumphX in a strong position to capitalize on the popularity of the first pop artist of Korea...
Bitcoin and Ethereum Consolidate Gains, XLM and WAVES Outperform
10.5.2021
Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term.
Besides, most...