Ethereum Miners Made a Total of $166M From Transaction Fees in September

Kavon Hyatt | October 1, 2020 | Leave a comment

The impressive rise of the decentralized finance (DeFi) market throughout the year 2020 has provided a great deal of advantages to the miners of the Ethereum blockchain network. In the decentralized finance boom, Ethereum miners have made their biggest...

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SBI e-Sports Signs a Sponsorship Deal With SBI VC Trade to Help XRP Enter the eSports Industry

Kavon Hyatt | October 1, 2020 | Leave a comment

The Japanese financial services giant SBI Holdings’ subsidiary SBI e-Sports is bringing Ripple’s native digital currency XRP into the eSports industry as it has inked a sponsorship deal with SBI VC Trade which is a venture capital firm. SBI...

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Polkadot’s New DeFi Token Surges High by 10x on its First Day

Kavon Hyatt | September 30, 2020 | Leave a comment

The decentralized finance (DeFi) boom is not over yet as it continues to bring more and more new projects. The network protocol Polkadot has launched a new token known as POLS. The newly-released token succeeded in getting traction in...

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Coinbase Introduces Cosmos (ATOM) Staking Rewards

Kavon Hyatt | September 30, 2020 | Leave a comment

Coinbase, one of the leading digital currency exchanges in the world, has announced the staking support for the native cryptocurrency of the Cosmos blockchain, ATOM. Eligible users can now stake their ATOM tokens on the platform of the Coinbase...

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Ripple Seeks to Hire Senior Information Security Engineer To Implement New Security Solutions

Kavon Hyatt | September 29, 2020 | Leave a comment

Ripple, the blockchain payment technology company, continues to further the growth and expansion of its business. The company is now implementing more innovative security solutions into its security infrastructure in an attempt to improve its security standards. Ripple intends...

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Cryptocurrency Broker Bitpanda Closes Series A Funding Round By Raising $52M

Kavon Hyatt | September 29, 2020 | Leave a comment

The European cryptocurrency brokerage firm Bitpanda has announced today the completion of its Series A funding round in which it had raised an amount of $52 million. Reportedly, this funding round was led by the United States-based venture capital...

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World Economic Forum Calls XRP the Most Relevant Cryptocurrency in the CBDC Space

Kavon Hyatt | September 28, 2020 | Leave a comment

The central bank digital currency (CBDC) space is emerging day by day as various central banks all across the whole world are accelerating the development of their centralized digital currencies. Countries such as China, Japan, England, and The Bahamas...

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Tether (USDT) Is a Centralized Stablecoin, Not Bitcoin Says Paolo Ardoino

Kavon Hyatt | September 28, 2020 | Leave a comment

Paolo Ardoino, the Chief Technical Officer at the Bitfinex cryptocurrency exchange, has requested users in a tweet that they should learn a difference between Tether (USDT) and Bitcoin (BTC). He clarified in the tweet that the US Dollar-pegged Tether...

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BitGo Is Launching Wrapped Bitcoin (WBTC) on the Tron Blockchain

Kavon Hyatt | September 26, 2020 | Leave a comment

The institutional digital asset custody platform BitGo has revealed in a recent announcement that it is going to bring decentralized finance-friendly Wrapped Bitcoin (WBTC) to the Tron blockchain. Wrapped Bitcoin will enter into the ecosystem of Tron as a...

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KuCoin Gets Hacked: Hackers Stole $150M Worth of Crypto From Hot Wallets

Kavon Hyatt | September 26, 2020 | Leave a comment

The Singapore-headquartered digital currency exchange KuCoin has suffered a security breach on September 25 and has reportedly lost around $150 million worth of funds in cryptocurrencies which were taken out from its hot wallets. The hot wallets that were...

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