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Search Results for: what is cryptocurrency

DeFi Protocol Alpha Homora Loses $37M in Iron Bank exploit

-DeFi protocol Alpha Homora loses $37 million in Iron Bank exploit.-However, the Protocol had been monitored by Quantstamp and Peckshield.-It’s unclear how it is possible to recover the funds from their prime suspect. One of the largest DeFi protocols Alpha Homora lost over $37 million worth of funds leveraging Cream’s

February 13, 2021 2 mins read

Cardano (ADA) Price Spikes, Reaching a 3-Year High

-Cardano (ADA) price spikes over $0.94, reaching a 3-year high.-However, ADA has recently launched a Mary hard fork.-Moreover, the crypto can rally its price even further to over +50% from its current trading position.  Cardano (ADA) price surged over $0.94, reaching for the first-time since 2018. Moreover, ADA has seen

February 13, 2021 2 mins read

Uber Dismissed Idea of Buying BTC with Cash But Accept it as Payments

-Uber dismissed the idea of buying Bitcoin with cash but accepted it as payments.-However, the news came after the Tesla announcement on buying $1.5 billion worth of Bitcoin. -Uber reported it had $5.65 billion in cash and cash equivalents.-Like Uber, PepsiCo CFO Hugh Johnston told CNBC that it had the conversation

February 11, 2021 2 mins read

Total Value Locked (TVL) in DeFi Hits New All-time High Over $39B

-Total value locked (TVL) in DeFi hits a new all-time high over $39B.-However, a high TVL doesn’t mean increased participation or activity in the DeFi space. -Moreover, Adjusted TVL usually tracks the changes in the TVL in the ecosystem.  The total value locked in decentralized finance (DeFi) has marked a new

February 11, 2021 2 mins read

Crypto Market Cap Strikes Over $1.4T Surpassing Google Stock

-Cryptocurrency market capitalization has surged over $1.4 trillion.-Besides, Bitcoin and Ether (ETH) hit new all-time highs of above $48,000 and $1,800, respectively.-Meanwhile, the crypto-economy doesn’t seem to care about Schiff, a bitcoin hater’s Twitter noise. Cryptocurrency market capitalization has surged over $1.4 trillion surpassing Alphabet’s GOOG and GOOGL. Crypto Market

February 10, 2021 2 mins read

Will Elon Musk Buy Binance Coin(BNB)?

BNB the cryptocurrency for the future with an amazing blockchain. Moreover, Binance Smart Chain is one of the best in terms of utilizing blockchain technology. Today, According to Coinmarketcap, BNB reached its new ATH of $148.07. Does any one say Binance (BNB Coin) is Still undervalued? No, we can’t say

February 10, 2021 1 min read

Ethereum (ETH) Hits New ATH Over $1,800 for the First Time

-Ethereum (ETH) surged to a new all-time high of over $1,800.-ETH’s blockchain dominates the Decentralized Finance (DeFi) ecosystem.-More so, the relative strength index (RSI) of the crypto is already at the oversold state.  Ethereum (ETH) surged to a new all-time high of over $1,800. Amid a continued drying up of

February 9, 2021 2 mins read

Bitcoin Strikes New ATH Over $43K as Tesla Bought $1.5B Worth of BTC

-Bitcoin hits a new all-time high of over $43K.-This price spike came after Tesla Bought $1.5B worth of BTC.-Moreover, the move follows encouraging signs from CEO Elon Musk. On February 8, the cryptocurrency king Bitcoin (BTC) hits over $43,000. Moreover, the crypto spiked almost $3,000 in a minute. This spike

February 8, 2021 2 mins read

Binance Suspends Deposits in Nigeria Following CBN’s Mandate

-Binance has suspended Nigerian deposits.-Following the new request of the Central bank of Nigeria (CBN) to boycott cryptocurrencies and crypto trade.-Nigerians voiced their uneasiness utilizing the hashtag #WeWantOurCryptoBack multiple times. Digital currency exchange Binance suspended Nigerian deposits. Following the new request of the Central bank of Nigeria (CBN) to boycott

February 7, 2021 2 mins read

Dogecoin Price Prediction: Doge Could Face Another Bull Rally

-Dogecoin price is expected to surge over $0.125. -DOGE run along with the bulls in breaking the resistance level of $0.78, -Moreover, for opening a position in Dogecoin, investors need to be prepared for the high volatility Dogecoin price is expected to surge over $0.125. Moreover, DOGE has seen many pumps

February 7, 2021 2 mins read