CoinPoker – the flagman of the industry, the biggest and the oldest pure crypto poker room is the first to introduce USDT as the in-game currency, solving the ever prevailing volatility issues and creating grounds for accelerated growth. Alongside launches two promotions giving away 100,000 GTD in prizes.The changes will finally allow the poker community to play using chips pegged to dollar value, while at the same time offering the lowest rake in the industry and verifiably fair...
Read More »Bitcoin Could Remain Slow Until the November Election
Bitcoin is presently trading for about $10,500, which is roughly $100 more than where it’s stood over the past few days, but it’s not quite where we’d like it to be. The fact is that bitcoin hit $11,000 again about 72 hours ago and has failed to keep up that momentum.Bitcoin Is Struggling as of LateThere are many things that appear to be affecting bitcoin, one being the correlation between it and the stock market. As stocks are taking massive tumbles, bitcoin is also suffering, and so long as...
Read More »Cryptocurrency: Tips on Trading Picks
Read this article to learn more about cryptocurrencies and trading as we’ll share our top tips.The cryptocurrency market is decentralized, meaning it is not backed by a central authority like a government or a central bank. It first appeared in 2009 after the introduction of Bitcoin, and it runs across a network of computers as cryptocurrencies are stored on the blockchain and exist only as a digital record. Today, there are multiple cryptocurrency markets as the industry continues to grow...
Read More »The Ethereum Blockchain Keeps Losing Developers Over High Costs
It looks like Ethereum is seeing its reputation suffer due to the growing number of fees on its blockchain. As a result, several projects are looking to other systems through which they can establish themselves.Ethereum Is Losing Customers Left and RightEthereum is the second largest cryptocurrency by market cap and the number one competitor to bitcoin. While it’s not as large a coin or as popular, its blockchain has garnered quite a bit of business over the years given its smart contracts...
Read More »Daily Market Overview Featuring Bitcoin, Ethereum and EUR/USD
Bitcoin is up 0.68% today after losing 1.04% in price yesterday.The first cryptocurrency still remains bearish as the Dollar Index is gaining and the S&P Volatility Index is falling sharply since September 3. Currently, on a 4-hour chart BTC/USD has formed an ending diagonal and retraced from the dynamic support and is about to test the upper edge of the ending diagonal at $10 600. If bulls are able to push the price above $10 600, Bitcoin might continue the uptrend move towards 200MA at...
Read More »DeFi Protocol bZx Hacked Again: $8 Million Worth of ETH, LINK, Stablecoins Drained (Updated)
In yet another jolt to the decentralized finance (DeFi) community, margin, and leverage-based lending and trading platform, bZx became the target of another hack. In the hack, which was much bigger than the previous attacks, hackers made away with $8 million worth of cryptocurrencies.bZx Hackers Deal 8 Times More Damage To The DeFi Protocol This TimeDeFi lending protocol bZx was attacked again. This time hackers drained a little more over $8 million worth of cryptocurrencies leveraging a...
Read More »DeFi Swap Goes Live on Ethereum Mainnet Today
Defi Swap has now become available on Ethereum mainnet. Some of the coins supported at the start are: Wrapped Ether, Tether, USD Coin, Dai, Chainlink, Compound, and Crypto.com Coin. However, the company promises to widen the list.Defi Swap, a platform developed to offer the best swap and farm of DeFi coins at the best available rate, has today been announced to have gone live on the Ethereum mainnet. The platform leverages proven and audited protocols, while offering an outstanding incentive...
Read More »YFI Founder: USDT and USDC Will Soon Be Available on Layer Two
Stablecoins, which make up a huge chunk of those steep fees, could all switch to Layer 2 for some relief, according to one industry expert.Yearn Finance founder, Andre Cronje, has suggested that USDC and USDT will soon be available on Layer 2 as stablecoins make the transition away from Ethereum.USDC and USDT will soon both be available on L2.This will allows non-congested transfers of USDC and USDT.This is great if you do payments in USDC and USDT.From my experience USDT and USDC are trade...
Read More »CeFi Chases DeFi as Huobi Launches Liquidity Mining
Centralized exchanges are facing the harsh reality of losing out to DeFi protocols that don’t have as many costs involved with transacting. The only way to get back in the game is to launch their own DeFi products to lure customers back, and liquidity farming is the most popular activity in the industry at the moment.Huobi Hunting DeFiThe Singapore-based crypto exchange, Huobi Global, has just announced a DeFi liquidity mining campaign beginning today, September 7. The incentive is the first...
Read More »Bitfinex Wants Dismissal of ‘Unfounded’ $1.4 Trillion Bitcoin Market Manipulation Lawsuit
Bitfinex and sister firm Tether moved to dismiss a Bitcoin manipulation lawsuit filed against them in October last year. The crypto companies said that the allegations are baseless.Bitfinex And Tether Call For Dismissal Of ‘Preposterous’ LawsuitIn October 2019, a group of bitcoin and cryptocurrency traders David Leibowitz, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz, and Pinchas Goldshtein filed a class-action lawsuit against Bitfinex and Tether claiming that the crypto exchange and...
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