The eagerness for people to invest in new Uniswap cryptocoins has taken on a form of extreme greed as new DeFi products are bought in matters of minutes. A new coin called KIMCHI.finance (KIMCHI) (as per the popular Korean dish) was able to raise $500 million in investment in a matter of hours. Earlier this […]
Bithumb, South Korea’s largest cryptocurrency platform, was raided yesterday in an apparent fraud investigation. As the news spread around noon time in Europe, crypto exchanges worldwide saw a rapid selloff of various coins.When looking at CoinMarketCap this morning, it was clear that all coins of the top 10 are still trading at a lower level […]
Leading altcoin blockchain network Ethereum has seen a surge in recent days in transaction fees which have reached new historic highs. This latest trend is as a direct consequences of the success of Decentralized Finance (DeFi).>> Discover where to buy EthereumDeFi growth has undermined Ethereum networkThe expansion of the DeFi ecosystem appears to be limitless […]
Although most mainstream market analysts will tell you about the whopping 65% gains for Bitcoin so far this year (the most famous crypto stands to breach $12k again soon), Ethereum has been making headwinds in the background as well. The coin’s usage as being the official blockchain for most DeFi projects means it has swelled […]
The Bitcoin price is trying to break through $12,000 whilst Ethereum reaches for a 2020 high. Meanwhile, investors are calling for a split of the most popular crypto coins into lower denominations, just as Tesla did. The call comes as the Californian carmaker continues it’s fantastic 2020 stock market rally upon being split 5 to […]
The YAM token debacle which we’ve repeatedly reported on didn’t prove as enough of a warning for DeFi as a new coin seems to surpass the violence that even YFI has been putting out these last days (it traded near $40,000 yesterday).SushiSwap (SUSHI), the newest Uniswap coin, is rising some 200% today towards a value […]
Swiss-based insurance company Atupri Health Insurance has announced that it now offers its customers payment in Bitcoin (BTC) and Ether (ETH).A collaboration with Bitcoin SuisseAccording to the official statement, the health insurance company Atupri has partnered with Bitcoin Suisse, a regulated financial intermediary in Switzerland for any type of service related to cryptocurrencies.Its 200,000 customers […]
Justin Sun, the relentless marketer and CEO of Tron, has decided to get into the DeFi Meme Coin hype and is therefore launching his own $SUN coin shortly. As from 2 September, mining for his new coin $SUN will start.The official launch of the cryptocoin itself will then follow on September 16. Justin hopes that […]
In a surprisingly expletive-laden interview, self-declared inventor of Bitcoin Craig Wright called the DeFi hype a “complete scam” and said inventors of these projects were nothing but “conmen” and “criminal a**holes taking money”.He also started a new court case against Roger Ver (the creator of Bitcoin Cash and CEO of Bitcoin.com) for libel, after he […]
Hackers have managed to steal 1,400 BTC from an Electrum wallet due to a crucial mistake made by the victim. 1,400 is currently worth $ 16,366,924.00 (€ 13,744,337.20) according the current Bitcoin price. The wallet holder made himself known on Twitter under the name “1400BitcoinStolen” and explained how the hack occurred. pic.twitter.com/G4gPwa7pxw — Ben Verret⚡ […]
