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“# Altcoins sell-off after Bitcoin price rejects near its $58K all-time high ” Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won. Data from Cointelegraph Markets and TradingView shows that the price of…
“# Ankr gains 137% after becoming the top validator on Binance Smart Chain ” It’s hard to argue that the crypto market is not in a bull market right now, but this run does show different characteristics and catalysts than the 2017 bull market. In 2017, investors were hyped by the allure of high returns…
“# Badger DAO to acquire ‘Badger.com’ domain for $300,000 ” The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain. In a Badger Improvement Proposal listed on governance forums today, BIP-43, BadgerDAO founder Chris Spadafora wrote that the…
“# Alameda Research invests $20M in Reef Finance ” After investing in travel app Maps.me and decentralized finance protocol Oxygen, Alameda Research will be putting $20 million into Reef Finance, the Polkadot-based DeFi platform. According to Reef Finance, Alameda Research will be purchasing $20 million worth of the firm’s native tokens, REEF — roughly 528…
“# Bitcoin futures open interest hits new ATH as traders flock to derivatives ” With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets. According to crypto market data aggregator Glassnode, outstanding futures contracts pushed into new all-time highs on March 11, with open interest across…
“# Too little, too late? Ethereum losing DeFi ground to rival blockchains ” 2021 has been a great year for Bitcoin (BTC) and crypto in general. However, Ethereum and the decentralized finance, or DeFi, sector have outshined other niches of the cryptocurrency space, dazzling the community with enormous growth in terms of popularity, engagement and…
“# Tether tokens go live on Ethereum competitor Solana blockchain ” Stablecoin issuer Tether has announced that USDT tokens are launching today, March 9, on the Solana (SOL) blockchain. Speaking to Cointelegraph, Tether’s chief technical officer said that the integration with the layer 1 blockchain promises to support a wide array of projects in the Decentralized Finance, or…
“# Dash rolls out Ethereum DeFi bridge with staking and yield farming ” Payments-focused crypto project Dash (DASH) is officially launching its Ethereum DeFi bridge. According to an announcement issued on Wednesday, the foray into decentralized finance is made possible via a partnership with DeFi gateway protocol StakeHound and will see Dash holders able to…
“# BlockFi users targeted in ‘racist and vulgar’ email attack ” This week’s temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by a “malicious actor” according to Forbes. According to employees of the company, a single attacker began the registration process for more 1,000 fake accounts on…
“# Furucombo to issue iouCOMBO tokens to repay victims of $15M exploit ” Decentralized finance transaction combination tool Furucombo will compensate the victims of a recent “evil contract” exploit that cost the protocol $15 million in stolen funds. Following an internal call with affected users last week, Furucombo released a compensation plan Tuesday, announcing that…