Amid efforts to reclaim over $46 million in stolen assets, DeFi platform Kyber Network has received a stunning ultimatum: forfeit total control of both the company and protocol, and all stakeholders will be made whole. Via-on chain messaging on Thursday, the platform’s anonymous hacker demanded “complete executive control over Kyber,” alongside temporary ownership and control of its governance mechanism, KyberDAO, to enact governance changes at will. The New ‘Kyber Director’...
Read More »Wrapped Bitcoin: Wrapped Token bringt Bitcoin ins Ethereum-Netzwerk
Wrapped BItcoin: Bitcoin, verpackt in einem ERC Contract und auf der Ethereum Blockchain handel- und programmierbar.Foto CC0 Public Domain via Pixabay Wrapped Bitcoin (wBTC) zählt zu den wachstumsstärksten Wrapped Token auf dem Markt. Der ERC-20 Token bringt die Liquidität des Bitcoin in das Ethereum-Netzwerk. Was ist Wrapped Bitcoin? Wrapped Bitcoin, kurz wBTC, ist ein Wrapped Token mit Bitcoin-Bezug. Der Token zeichnet den Kurs des...
Read More »Coinbase Launches Kyber Rewards, But a Long Wait is More Likely
Yesterday, Coinbase announced that it was expanding its Learn platform with the addition of Kyber Network tokens. The incentive allows exchange customers to watch videos in exchange for a small handful of the KNC tokens worth a couple of dollars.Starting today, Coinbase customers can start earning Kyber (KNC) by watching lessons and completing quizzes about the Kyber Network, a protocol that aims to make swapping digital assets and cryptocurrencies simple and efficient....
Read More »Kyber Network (KNC) Price Skyrockets 28% Today, Here Is Why
Kyber Network’s native token KNC has extended the aggressive rally that started to accelerate at the end of June. On Friday alone, the token has gained over 27% against the US dollar. The surge comes several days ahead of Kyber Network’s next protocol update planned for July 7.KNC Hits Highest Level in 2 YearsOn Friday, KNC has become the best performing cryptocurrency in CoinMarketCap’s top 100 list by a margin. It gained 27% and it’s trading at $1.89 at the time of this writing. The token...
Read More »Bitcoin Maintains $9K as DeFi Altcoins Skyrocket: The Weekly Crypto Market Update
While Bitcoin remains rangebound, to an extent, last week had some very exciting trading days. Towards the beginning of the week, BTC was trading at around $9,200 until last Saturday when it suddenly dropped and touched a low of $8,833, which remains the lowest point for the week. From there, BTC recovered and even made a failed attempt to climb back above $9,300.As it came to no fruition, the cryptocurrency experienced another sharp decline, losing $300 in minutes yesterday. It consolidated...
Read More »DEX Volume Eclipses $5 Billion in First Half of 2020, 400% Up From Last Year
The trading volume of decentralized exchanges (DEX) has gone past the $5 billion milestone in the first six months of 2020, which is a significant increase from the 2019 performance.June 2020 Sets DEX Trading Volume ATHIn a tweet on Wednesday, Dune Analytics informed that the DEX trading volume for the first half of 2020 totaled about $5.1B. This figure represents a five-fold increase from the same period in 2019, providing further evidence of the significant growth of DEX platforms.We are...
Read More »Bitcoin Fails at $9,300 as DeFi Altcoins Surge: Thursday’s Price Watch
Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases.Bitcoin Price Fails at $9,300Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level at around $9,200.As CryptoPotato reported, this is a vital level to watch in the short-term and should provide a good indication of how confident...
Read More »KNC’s KyberSwap Integrates Chainlink For Enhanced Price Feeds
Token swap feature KyberSwap has integrated Chalinink’s price reference data for enhanced accuracy. Up until now, the price feeds of KyberSwap were taken exclusively from Kyber Network.KyberSwap and ChainlinkKyberSwap is a platform allowing users to swap between Ethereum tokens quickly and easily, and it’s powered by Kyber Network’s on-chain liquidity protocol. It allows it to access liquidity for more than 70 different ERC20-based tokens.Up until now, KyberSwap was receiving price data feeds...
Read More »Crypto Price Analysis & Overview June 12th: Bitcoin, Ethereum, Ripple, VeChain & Kyber Network
BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...
Read More »Native Token: How crypto exchanges use their own tokens
Native Tokens: "Haus" Token von Bitcoin-Börsen Crypto platforms are looking to find as many ways as possible to make a profit and have an impact on the cryptocurrency market. One of these methods is native tokens. Market leaders according to the TIE analysis; Forex market leaders eToroX and IQfinex, which have created separatetrading platforms for different crypto assets; Kyber.network, which, while not being exactly a cryptocurrency...
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