Tag: Altcoins

Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days

The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first […]

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XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the […]

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Declining Bitcoin [BTC] Dominance Boosts Altcoin Rise, ETH and XRP Lead The Way

Bitcoin rebounded from another $1000 flash crash after registering a daily low of $17,671 on Sunday after breaking past the key resistance of $18,500. The king coin is currently trading at $18,705 registering a 2.30% rise over the past 24 hours. However, it is important to note that BTC is losing steam at the top […]

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Hacker Steals $20 Million From DeFi Protocol Pickle Finance

Hacker Steals $20 Million From DeFi Protocol Pickle Finance

Another day, another DeFi hack. Pickle Finance just announced that funds deposited in one of its smart contracts were stolen by a hacker hours ago. The team is still investigating how exactly the hacker stole approximately $20 million in funds. Their wallet is still “dormant” and has not started the “money laundering” phase that tends […]

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Time For Altcoins to Shine As Bitcoin Dominance All Set to Break Support

The altcoins have finally arrived at the Bull run party that Bitcoin initiated a couple of weeks ago, bringing back the memory of 2017.  Bitcoin’s bull rally started after the king coin broke past the key resistance of $13,000 and $15,000 and is currently trading at $18,658 registering more than 17% gains over the week. […]

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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%

Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%

The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the project’s leaders say they are now working […]

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Can Zcash Halving Finally Revive Depressed ZEC Prices?

The maiden halving event will cut the Zcash inflation rate from 25% to 12.5%, which is significant because the privacy-focused altcoin has been hampered by high inflation since its inception in 2016. A series of halvings every four years beginning with today’s one in around six hours’ time which will decrease inflation substantially. Zcash block […]

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Bitcoin Bulls Move Past $17,000, Market Cap Nears ATH

Bitcoin has set another 2020 high as it moved past the $17,000 barrier at the time of writing and was trading at $17,023. The king coin has seen its price soar by more than $5,000 over the past month. The top cryptocurrency recently created history after posting the highest three-week close at $15,960 just last […]

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Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind

Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind

On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are […]

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The Largest Bank In Belarus Launched A Cryptocurrency Exchange Service

The Largest Bank In Belarus Launched A Cryptocurrency Exchange Service

The largest bank in Belarus – the ASB Belarusbank – has reportedly launched a legal service enabling customers from the country and Russia to purchase cryptocurrencies. Users will be able to exchange digital assets for Belarusian and Russian rubles, US dollars, and euros directly with their Visa payment cards. Belarusbank To Allow Crypto Purchases According […]

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