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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts


Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

Tim Draper Heaps Praise on Bitcoin Cash


Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well as buying it, Draper encourages his followers to do likewise. Draper’s endorsement comes as the Bitcoin Cash (BCH) community braces for a fork instigated...

Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps


Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or...

Binance Coin is Undervalued, KuCoin Shares Overvalued - TokenInsight


Certain exchange platform tokens like binance coin (BNB) are undervalued, while others, like kucoin shares (KCS) are overvalued, according to the latest report by token data and rating agency TokenInsight. Some, however, have 'left' their grade at the time of the writing. The report noted that...

Privacy Options Underutilized in Cryptocurrency Usage: Report


Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...

Enjin Coin Draws Higher High Pattern with YTD High at $0.266


Enjin Coin is one of the lucrative tokens amongst the top 100 of the global crypto market and has revised the way people commonly use blockchain technology. The Enjin platform is building blockchain games and apps along with a wallet to keep the digital assets safe. It also helps to trade the rare...

Coin Race: Top Winners/Losers of August; Chainlink Up Most, BSV Least


Was August a good month? Depends on which coin you ask. For many in the wider market, it was an excellent month, yet for many in the top 10 coins by market capitalization, the month ended in red. August was a month filled with decentralized finance (DeFi) developments, particularly in the yield...

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

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