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Bitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K…

Continue ReadingBitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS.

Continue ReadingBank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review

Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more…

Continue ReadingValue Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Over 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto

A report says over 80% of African users on the Mineplex marketplace have shown an interest in the platform’s commodity staking program since launch. Zero Fee Alternative According to a…

Continue ReadingOver 80% of African Users on Mineplex Reportedly Interested in Buying Goods With Staked Crypto

Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin's 21% price decline Saturday.

Continue ReadingEthereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more…

Continue ReadingBCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3

MonoX and BadgerDAO suffer callous security attacks, Borderless Capital opens a $500-million fund to advance Algorand’s ecosystem, and Iota is to launch Assembly in early 2022 — all coming to…

Continue ReadingFinance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3