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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...
Ren Faces Pullback from an ATH And Loses Over 60% in 10 Days
12.9.2020
Ren—a DeFi based token platform amongst the top 100 most lucrative projects of the global market are seen trading at $0.306 with just lost support from MA50 after having plummeted from $0.35 in the intraday and testing daily supports around $0.30. Ren, just like any other crypto token of the market...
Compound Gains Over 15% in 7 Days; Yet Appears Intraday Bearish
11.9.2020
Compound—a governance empowered platform that will extend to a mass upgrade of a protocol by the ecosystem built. Moreover, it was just in the ongoing year when COMP—DeFi based token hit an All-Time High and is, therefore, one of the most lucrative platforms amongst the top 50 blockchains of...
Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch
11.9.2020
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media...
Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives
11.9.2020
While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs. One particular scheme crypto enthusiasts are discussing these days...
Uniswap’s September Volume Passes August’s $6.7B Record in Just 10 Days
10.9.2020
September is the fifth consecutive monthly all-time high for Uniswap volume
Decred Dips Over 40% In 15 Days; Trades Below $15
9.9.2020
Decred—one amongst the top 100 coins of the cryptocurrency market, is a hybrid of Proof of Work and Proof of Stake to make it a secure, adaptable, and sustainable medium of exchange. Decred aims at becoming a Decentralized Autonomous Organization aiming to extend complete security and privacy....
Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales
7.9.2020
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
Waves Lose Over 50% in 30 Days; Turns Completely Bearish
7.9.2020
Waves—a platform that aims at forming a strategic ecosystem to amplify the transition towards decentralization, wherein an individual takes the command of its funds and assets. Moreover, after having traded sideways, the coin regains the lost momentum and breaches a 2-year resistance above $4.5....
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
6.9.2020
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin...
Ethereum Fees Double from Two Days Old All-Time High
2.9.2020
The rapid rise in transaction fees on the Ethereum (ETH) network is showing no signs of stopping, after yesterday doubling from its all-time high seen just a day earlier.
In what has been an extraordinary sharp rise, Ethereum fees needed only one day to double from what was already an all-time high...
Come to Web Unleashed!
1.9.2020
(This is a sponsored post.)
Web Unleashed is a fun conference. I’ve been a number of times. I’m sure you won’t be surprised that it’s online this year, like most events.
And, hey, it’s coming up and will take place over three days, October 5-7, 2020. I’d really...
Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume
31.8.2020
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes...
Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
31.8.2020
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL)...
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?
30.8.2020
The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token...
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Ethereum price lingers at key resistance days before $112M options expiry
25.8.2020
$112 million in Ethereum options expire on August 28 but data shows traders remain bullish even as ETH trades below $400
A major dark web marketplace has been offline for days and no one knows why
24.8.2020
Users are afraid they may be in the middle of an exit scam