Balancer’s native token, BAL, appears to be holding up despite the platform’s ongoing security issues. On Friday, Jan. 6, the DeFi project tweeted a statement asking liquidity providers on its platform to withdraw their tokens from certain pools valued at $6.3 million. Via their official Twitter handle, the decentralized exchange stated there was a security…
The Pancakeswap token (CAKE) has been one of those cryptocurrencies that have been steadily growing in the background. The popularity of the decentralized exchange (DEX) contributed tremendously to its rise until it took a hit in the bear market like other digital assets. However, a new development has opened up new promises as millions of…
And everybody was saying keep an eye on this specific Altcoin and yes — Sifchain – and they were right. Sifchain (EROWAN), a low-cap DeFi altcoin, skyrockets by 47% in the wake of the staleness in the general crypto markets. EROWAN has bounced from a low $0.114 on April 23 and is currently at $0.168.…
The price of Cardano (ADA) surged and plunged on the same day, starting with the excitement around the launch of its first decentralized exchange, the DEX SundaeSwap, then following the downtrend of Bitcoin. SundaeSwap’s Wins And Failures ADA’s price had been up around 10% in the last week tied to the launch of Cardano’s beta…
RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations, when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation. However, in recent years, big box presence has…
The Chairman of the Securities Exchange Commission, Gary Gensler, showed his cards. He spoke with legacy-media-operation The Washington Post and host David Ignatius for their series “The Path Forward” and spilled the beans. We at NewsBTC saw the whole interview so you don’t have to. We selected the most crucial quotes, and present them in…
The highly controversial and highly entertaining John McAfee is dead. As our sister site Bitcoinist informed, “According to a spokeswoman for the Superior Court of Catalonia, former crypto promoter John McAfee was discovered dead in his prison cell near Barcelona, Spain at the age of 75.” A cybersecurity pioneer and an eccentric millionaire, McAfee became…
The greater DeFi category has given birth to a variety of cryptocurrency market winners over the last year or so, but few have become as dominant as Uniswap. Not only has the related UNI token performed incredibly well itself, Uniswap’s dominance has resulted in DEX volume growing more than 1,000 times from this point last…
The price of Curve Finance’s governance token CRV spiked by more than 100 percent as the decentralized exchange (DEX) experienced a massive surge in trade volume. Earnings Curve Finance processed about $2.8 billion worth of trades on Monday, almost 450 percent higher than its previous record high in September 2020. The jump in its trade…
The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast. Crypto Exchanges too Centralized Many envisaged 2019 being the year of…