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Search Results for: market

Curve Finance Added Euro as Secondary Currency

Curve Finance added Euro as a secondary currency option following the user demands. The Curve is an automated market maker specialized in swaps between like assets. Moreover, a governance proposal passed to enable the CRV token to reward the liquidity providers in the pool. Curve Finance announced that it added

December 22, 2020 1 min read

DeFi Protocol Nexus Mutual CEO Gets Hacked for $8M 

  DeFi protocol Nexus Mutual Founder gets hacked for $8M.  In addition, the hacker is also a member of Nexus Mutual. Some of the stolen funds have been sent through 1inch.exchange.  The CEO of decentralized finance (DeFi) insurer Nexus Mutual named Hugh Karp has lost more than $8 million worth

December 15, 2020 2 mins read

Flare Network Spark Airdrop for XRP Holders, Only 2 Days Left

Flare airdrop and free Spark tokens made XRP propel. Full list of cryptocurrency exchanges supporting Spark airdrop. Coinbase does not plan to give Spark tokens until an unspecified date. Spark tokens will be available for claiming after December 12, 2020, at 00:00 AM UTC. Flare airdrop and also providing free

December 10, 2020 2 mins read

Spain’s Second-Largest Bank BBVA Preparing to Launch Crypto Services

BBVA is planning to enter the cryptocurrency space. Due to the strict regulations BBVA may face a hard time completing the project. Moreover, BBVA partners with Metaco for a comprehensive management system.  BBVA, the second biggest bank in Spain is planning to enter the cryptocurrency space. The initial step of

December 8, 2020 2 mins read

Ethereum 2.0 Launched Beacon Chain, ETH Still has Long Way Ahead

The genesis block of the Ethereum 2.0 beacon chain launched. Ethereum 2.0 is generally divided into phases. ETH up about 380% since the start of the year. Recently, Coinbase announced its plan to launch Ethereum 2.0 staking. Despite the genesis block of the Ethereum 2.0 beacon chain launch, the fully

December 3, 2020 1 min read

TronHero – A Decentralized & Secured Smart Contract Fund Platform

TronHero is a Tron blockchain-based decentralized and secured smart contract fund. The platform provides a transparent and fair source code for all its participants. However, the source code cannot be modified. Moreover, TronHero provides unstoppable smart contracts that run forever on the Tron blockchain. Instant withdrawal is also possible. However,

December 2, 2020 2 mins read

Chinese Police Seized $4.2B Worth of Crypto From PlusToken Ponzi

Chinese police have seized over $4.2 billion in crypto assets over the PlusToken Ponzi scheme as per The Block blog post. The PlusToken, a South Korean crypto exchange, and wallet provider. Moreover, the Ponzi scheme first released its white in February 2018. It promised users attractive payouts capable of generating

November 27, 2020 1 min read

Uniswap User Lost $20K On a Fake Google Play Store App

  An unnamed user of Uniswap lost $20,000 through a fake app. The fake app contains over 100 downloads. There is currently over $1.3 billion in total value locked into Uniswap. An unnamed user of Uniswap lost $20,000 after adding the backup key phrase on a fraudulent Uniswap mobile application

November 21, 2020 2 mins read

What is Tether Coin (USDT) And its History

TETHER When there is no stability on coins value and it is volatile, users will be confused about buying goods and services in fear of losing coins value. Though the cryptocurrencies like Bitcoin and Ethereum have been used more for transactions like online payments, they are not reliable using it

November 20, 2020 4 mins read

Ethereum (ETH) And its History

After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform

November 15, 2020 6 mins read