There Are Now $7,000,000,000 Worth of Digital Assets Under Management by Grayscale

Kavon Hyatt | October 22, 2020 | Leave a comment

The total amount of assets under management (AUM) by Grayscale Investments continues to increase. So far now, the cryptocurrency asset management firm has recorded two record-breaking quarters this year. Now, there are $7,000,000,000 worth of crypto assets that are...

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Decred Announces the Launch of its First Decentralized Exchange DCRDEX

Kavon Hyatt | October 22, 2020 | Leave a comment

Amid the decentralized finance (DeFi) hype, the decentralized exchanges (DEX) witnessed massive growth and popularity. In the third quarter of 2020, DEXs grew more than that of centralized exchanges. The growing popularity of decentralized exchanges has led the digital...

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Blockchain Startup CasperLabs Has Raised $14M In a Private Token Sale

Kavon Hyatt | October 21, 2020 | Leave a comment

The decentralized blockchain and smart contract platform CasperLabs has announced on Wednesday, October 21, 2020, that it has secured an amount of $14 million from investors in a token sale. CasperLabs is the rival of Ethereum and a creator...

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Average Bitcoin (BTC) Transaction Value Increased Dramatically by 500% Since July 2020

Kavon Hyatt | October 21, 2020 | Leave a comment

Bitcoin (BTC) transactions’ average value has spiked high during the past 48 hours. According to the data shared by the cryptocurrency analytics platform BitInfoCharts, the Bitcoin network has seen an increase of almost $50,000 in its average transaction value...

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Bitcoin (BTC) Breaks $12,000 Resistance For the First Since August

Kavon Hyatt | October 20, 2020 | Leave a comment

Finally, the world’s largest cryptocurrency in terms of market capitalization Bitcoin (BTC) has breached the $12,000 price resistance after several attempts made by the coin during the past few months. It is the first time since the month of...

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Bitcoin Spent Only 93 Days Above the $11,500 Level Since Its Launch in 2009

Kavon Hyatt | October 19, 2020 | Leave a comment

Since the launch of the first-ever decentralized digital currency Bitcoin (BTC) in the year 2009, the top-ranked cryptocurrency’s price value has only stayed for 93 days above the key price level of $11,500, new historical data shows. Initially, in...

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Decentralized Exchanges Saw More Growth in Q3 2020 Than Centralized Exchanges

Kavon Hyatt | October 18, 2020 | Leave a comment

The entire third quarter of 2020 has been all about the decentralized finance (DeFi) sector and the yield farming craze that occurred in this industry. In Q3, the growth of the whole DeFi sector was on a significant rise....

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Price Update for Three DeFi Coins: Uniswap (UNI), Yearn Finance (YFI), SushiSwap (SUSHI)

Kavon Hyatt | October 17, 2020 | Leave a comment

The decentralized exchange Uniswap’s native governance token Uniswap, Yearn Finance’s governance token YFI, and the decentralized on-chain protocol Sushiswap’s SUSHI token are one of the most popular digital tokens in the decentralized finance (DeFi) industry. They have grabbed the...

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TRON Founder and CEO Justin Sun Slams Filecoin Calling it an “Exit Scam”

Kavon Hyatt | October 17, 2020 | Leave a comment

The decentralized storage network Filecoin that recently launched its mainnet on October 15 has been hit hard by Justin Sun, the Founder and Chief Executive Officer (CEO) of the digital currency platform Tron (TRON). Justin Sun attacked the Filecoin...

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Crypto Exchange OKEx Says Wallet Addresses That Moved $96M Worth of BTC to Binance Are Not Theirs

Kavon Hyatt | October 16, 2020 | Leave a comment

The famous cryptocurrency tracking site Whale Alert has spotted a major transaction that has surprised the entire cryptocurrency community. The transaction was made from the cryptocurrency exchange OKEx that suspended its withdrawals’ service early on October 16, 2020. According...

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