While the exact specifics of how Warp recovered the funds are unknown, reports suggest the decentralized lending protocol was able to recoup the stolen funds.Warp Finance, a decentralized finance (DeFi) lending protocol, announced on December 29 that the firm has recouped 75% of its funds in a flash loan attack last week. The lending protocol revealed that the firm lost $7.7 million in the attack and has now recovered only or about $5.85 million. Warp also said that they lost the funds in...
Read More »Bitcoin Consolidates Before Next Move: Augur Leading DeFi With 20% Surge (Market Watch)
Bitcoin’s highly-volatile days continued with wild moves of almost $1,000 that took it from $23,300 to $22,400 and vice versa. Most large-cap altcoins have remained relatively calm, with Ethereum trading mostly around $650. Binance Coin, though, has increased by 5% and finally trading above $30.Bitcoin’s Price Sideways ActionAs reported recently, bitcoin initiated a massive bull-run following consolidation around $19,000 for a few days that resulted in breaking into uncharted territory above...
Read More »Bitcoin Fees Spike Almost 5X in One Week as BTC Reaches ATH
Happy about the increase in the price of Bitcoin? Share some of your wealth with the miners. Bitcoin’s transaction fees are rising at a frantic pace, following the bull run and the general optimism in the crypto markets.During the last week, Bitcoin’s prices spiked significantly, breaking the previous ATH and hovering above $23100. But transaction fees rose almost in line with Bitcoin’s prices.The price of Bitcoin during 2020. Image: CoingeckoBitcoin Fees Follow The PriceIn a matter of about...
Read More »Crypto Price Analysis & Overview December 18th: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash
The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...
Read More »DApps Ride on Shoulders of DeFi to Record 1200% Growth
The report estimates that the transaction volume in DApps in 2019 was $21 billion, meaning there has been a 1178% increase.The year 2020 was a perfect one for the growth of the Decentralized Finance (DeFi) economy with billions flowing into the ecosystem and positively affecting the performance of Decentralized Applications (DApps). According to a report by DappRadar, the total volume transactions of DApps in 2020 recorded a 1200% growth with an amount of about $270 billion. Interestingly,...
Read More »Tosdis Finance to Release Staking as a Service for All ERC20, BSC and Polkadot Tokens
[PRESS RELEASE – Please Read Disclaimer]Tosdis Finance is planning to deploy Staking-as-a-Service for BSC by the end of 2020, and for Polkadot in Q1 2021. The team will use their high-speed low-cost network, EasyStake, to connect tokens to DeFi projects, which in turn will allow users to stake tokens in return for rewards.Started in the 2nd quarter of 2020, Tosdis Finance is the team of professionals that has created the first decentralized network that operates across different blockchains,...
Read More »Fairspin Update: New Payment Methods, New Games and Endorphina Game Provider
Fairspin Update: New Payment Methods, New Games and Endorphina Game Provider Fairspin Gambling Club simplifys access to gambling entertainment, where the honesty of bets is ensured by blockchain technology. The latest update brings players a variety of payment methods and daily additions of games from top providers. New Altcoins Blockchain Casino Fairspin expanded the list of payment methods in November by adding the following...
Read More »ETH Skyrockets 12% To Highest Level Since May 2018, Is $700 Incoming? (Ethereum Price Analysis)
ETH/USD: Ethereum Resumes Bullish RunKey Resistance Levels: $700, $720, $750Key Support Levels: $636, $600, $538ETH/USD. Source: TradingViewFollowing Bitcoin, Ethereum finally resumed its bullish run after recording a substantial 18% increase in the past 7 days. It broke to a new yearly high (where it now trades around $666) with a 12% gains overnight. Because of this, its market cap is now up to roughly $75 billion, at the time of writing. This is also the highest price for ETH since May...
Read More »One River Digital Buying $1B in Crypto with Alan Howard Backing
One River Digital, a new institutional-focused investment firm, under the backing of tycoon and hedge fund manager Alan Howard is eyeing a $1 billion investment in cryptocurrencies by early next year.On Wednesday, hedge fund One River Asset Management CEO Eric Peters explained to Bloomberg that the company’s offshoot One River Digital will surpass $1 billion in terms of crypto holdings sometime in early 2021. The newcomer has already made investments for institutional clients amounting to...
Read More »XRP Attempts to Bounce Back while Bitcoin Sets New ATH Record
According to a report, the price of XRP currently has three major resistance which are 2818 SAT, 3600 SAT, and 4200 SAT.Bitcoin has finally broken a key resistance point, overtaken its previous all-time high of near $20,000 to settle in the $22,549 price point. This is probably the best news of the year for Bitcoin investors as the recent pullback after testing the $19,000 price zone was thought to be another long-lasting crash. Interestingly, most of the altcoins have not responded well with...
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