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DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting

14.9.2020
In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...

NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week

14.9.2020
While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...

Rapper TI Cryptocurrency Fraud: Charged and Fined $75,000 by SEC

13.9.2020
Rapper TI and four other people, including film producer Ryan Felton, have been charged by the U.S. Securities and Exchange Commission (SEC) over fraudulent token sales. TI, or Tip as the rapper is also known, is also fined $75,000 by the securities regulator. Rapper TI and Film Producer Charged...

The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live

13.9.2020
From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...

Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders

13.9.2020
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...

Sushiswap Creator Returns $14 Million After Community Cries Exit Scam

11.9.2020
One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator...

Did Kakao Token Listing Spark Rise in Coinone’s Popularity?

11.9.2020
Major South Korean crypto exchanges are experiencing a rise in user numbers and trading volumes, with some convinced that the listing of Kakao’s klay (KLAY) token has helped propel a sharp rise in traffic to the Coinone trading platform. According to media outlet TechM, statistics released by...

Croatian Post Launches Crypto Stamp & Ethereum-Based 'Postereum' Token

10.9.2020
The Croatian Post, in cooperation with the Blockchain and Cryptocurrency Association, has issued the country's first crypto postage stamp, along with a digital token 'Postereum' created on Ethereum (ETH). "The Croatian crypto stamp is envisioned as the perfect combination of the analogue...

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