The DeFi market is going through winter right now, as prices of these tokens take a pullback after making all-time highs during August and September. Since hitting those peaks, some Defi tokens have taken a harsh beating, like CRV, SUSHI, and bZx, which are down over 90%, some like Aave, Maker, and Loopring only went […]
Category: STO News
Kucoin’s Hackers Identified With ‘Substantial Proof’ in $280M Theft, Law Enforcement Involved
Kucoin announced through its CEO Johnny Lyu that they have found the hackers who compromised close to $280 million of the exchange’s funds in last week’s hack. Lyu tweeted this update over the weekend as crypto markets struggled in the red zone following the Kucoin hack, BitMEX indictments, and the news of President Trump contracting […]
Dapper Labs NBA Top Shot Crypto Collectables Opens Beta to Public on Samsung Galaxy Store
Dapper Labs has opened the beta version of its non-fungible token (NFT) powered game, NBA Top Shot, to the public as per an announcement on October 1. The firm which focuses on building cryptokitties is looking to personalize the NBA experience by enabling fans to own ‘moments’ and derive value by selling them within a […]
The Last Time a U.S. President Was Elected, Bitcoin Was Around $700
The year 2020 has been extraordinary by any standard. Monumental events with global ramifications have occurred on an almost monthly frequency, and October has started no different. Yet Bitcoin remains relatively stable. With the significant growth Bitcoin has seen since the last U.S. presidential elections, what does the future look like? Bitcoin’s Growth Since Last […]
An Impressive Feat: Bitcoin Holds Strong at $10,000 Despite 3 Big Hits
2020 has been really good for the majority of the asset classes. But bitcoin hasn’t been able to achieve a more significant price level, still struggling to top 2019’s $13,900 price point. The year started on a bullish note, only to experience one of its worst crashes in March. BTC recovered beautifully from that drop […]
Ethereum-Based Scaling Solution, SKALE Network, Successfully Deploys Phase 2 Of Its Mainnet
SKALE Network announces the launch of its phase two mainnet launch. The Ethereum-scaling project goes live with over $78 million staked on the platform. In an announcement made available to BEG, SKALE – a decentralized Ethereum-based project backed by Winklevoss-backed Gemini and ConsenSys – announced the successful deployment of Phase 2 of its mainnet. The […]
‘Warning Shot’ for DeFi: Here’s Why BitMEX Charges are ‘Incredible Bearish’ for this Burgeoning Sector
Prosecutors in the United States filed criminal charges against BitMEX, accusing it of violating the federal Bank Secrecy Act. The CFTC has been investigating one of the biggest derivatives exchanges for some years now. Still, the effect of this news on the prices of digital currencies is expected to be bearish but only in the […]
ECB Files for a ‘Digital Euro’ Trademark as Central Banks Turn Focus to CBDCs
The European Central Bank (ECB) filed an application last week to trademark the name ‘digital euro’ as the CBDC craze gains momentum. A report by Bloomberg revealed that the ECB applied for the ‘digital euro’ trademark through its German-based legal representatives, Bock Legal. This development comes barely a week since ECB president Christine Lagarde confirmed […]
eToro launches new staking services for Tron and Cardano
Social asset and multi-asset broker eToro has announced it will be providing a staking-as-a-service feature to reward TRON and Cardano holders The dedicated staking service will be available for Cardano and Tron users as the platform seeks to expand to other virtual currencies. eToro users that are also Cardano and Tron holders will get monthly […]
Coinbase Pro to List Balancer (BAL) and Ren (REN) In A Push Towards The DeFi Ecosystem
Coinbase announces the launch of Balance (BAL) and Ren (REN) trading on its professional exchange. New York state and U.K residents locked out from trading the new tokens. In an announcement on October 1, Coinbase revealed two new listings – Balancer (BAL) and Ren (REN) – expected to start trading on Coinbase Pro starting October […]
