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DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

DeFi Tokens Surge as Bitcoin and Ethereum Hover Around Support Levels due to the Coinbase Effect

Following Coinbase’s announcement, AAVE, BNT, and SNT tokens all surged, rallying from 10% to 24%.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

Chainlink Price Could be Trading at Under $0.01 if This Happens—Is LINK Overvalued?

Chainlink Price Could be Trading at Under $0.01 if This Happens—Is LINK Overvalued?

Chainlink’s (LINK) price has consolidated to $12.28 at press time. Although LINK has seen a considerable recovery, analysts have not been very bullish.

UMA, XRX, and FUN Gain Over 100% As Best Crypto Performers this Week

UMA, XRX, and FUN Gain Over 100% As Best Crypto Performers this Week

As the global crypto market saw increased gains this week, UMA, ZRX, and FUN lead the rallies with more than 100% weekly gains each.

Axon Explores Blockchain to Fight Body-Cam Deepfake Videos

Axon Explores Blockchain to Fight Body-Cam Deepfake Videos

Axon Enterprise Inc, a leading manufacturer of body-cams for United States law enforcement agencies has produced new cameras enhanced with blockchain technology in an attempt to thwart ‘deepfake’ videos.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

Private Firms Can Boost Innovation of Central Bank Digital Currency, says IMF

A synthetic Central bank digital currency (CBDC) could create new pathways for innovation according to a senior member of the International Monetary Fund (IMF).

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

China Accounts for 65 Percent of Bitcoin’s Hash Power, New Research Reveals

An interactive map published by the University of Cambridge’s Alternative Finance Center (CCAF) revealed Chinese miners accounted for 65 percent for the global hashing power used by Bitcoin. The CCAF tracked mining data for over a year from websites like BTC.com, ViaBTC, and Poolin, with the premier university claiming the map is the first-of-its-kind effort in visualizing hash power data by geography.

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