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Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
4.9.2020
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some...
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Number Scrubbing
29.8.2020
If you use <input type="number">, some browsers give you an input that has UI for incrementing the number, like up/down arrows (often called “spinners”).
That’s a bit helpful sometimes. But people have certainly explored fancier ways of updating that number....
Morphing SVG With react-spring
26.8.2020
I’ve been intrigued by the morphing effect ever since I was a little kid. There’s something about a shape-shifting animation that always captures my attention. The first time I saw morphing left me wondering “ Wow, how did they do that?” Since then, I’ve created demos and written an article about...
Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
26.8.2020
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt...
A Community-Driven Site with Eleventy: Building the Site
20.8.2020
In the last article, we learned what goes into planning for a community-driven site. We saw just how many considerations are needed to start accepting user submissions, using what I learned from my experience building Style Stage as an example.
Now that we’ve covered planning, let’s get to some...
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
Grayscale Bitcoin Trust Saw Surge in Investor Interest After March
12.8.2020
Grayscale's Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role
Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months
10.8.2020
Chainlink’s token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows. The surge saw chainlink’s (LINK) market capitalization shooting to $5.12 billion which makes it the sixth most capitalized token, just ahead of cardano (ADA). At the time of writing...
Square Saw Stronger Demand For Bitcoin in Q2, Local Stablecoins + More News
5.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
Payments company Square has reported USD 875m in bitcoin (BTC) revenue made via its Cash App service during the second quarter...
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...
Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
4.8.2020
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange...
Bitcoin Miners Saw 7% Revenue Increase in July
1.8.2020
Bitcoin miners earned $300 in revenue during July
Federal Agents Arrest Suspected 17-Year-Old Twitter Hack ‘Mastermind’ in Florida
1.8.2020
On Friday a 17-year-old Tampa teenager was arrested in Florida for allegedly being the “mastermind” behind the July 15 Twitter hack that saw a great number of high profile accounts compromised. The hack also netted roughly $120,000 worth of bitcoins by leading unknowing individuals...
Popular Indian Youtube Channel Hacked to Promote Bitcoin Giveaway Scam
26.7.2020
Following the massive Twitter breach that saw many high-profile accounts tweet about a bitcoin giveaway, a popular Indian Youtuber now claims that his Youtube channel was hacked for the same purpose. Hackers replaced some content in Carry Minati’s videos to promote a bitcoin giveaway. Popular...
1,000 People Had Access to Twitter ‘God Mode’ — 130 Accounts Targeted by Hackers
25.7.2020
More than 1,000 Twitter employees and contractors reportedly had access to Twitter’s “God mode” earlier this year, before the recent large-scale hack that saw many high-profile accounts tweet about a bitcoin giveaway. Twitter has confirmed that 130 accounts were targeted,...
Twitter Hackers Saw DMs From 36 Accounts, Including CoinDesk’s
23.7.2020
The attackers who compromised Twitter in a massive breach last week might have accessed direct messages from up to 36 accounts, including CoinDesk's
Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap
14.7.2020
The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period. This rally saw the token briefly breaking into the crypto market capitalization top ten. At the time of writing, the token LINK had a market capitalization of nearly $2.6 billion easily...
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...