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DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital

August 26, 2020

The total value of capital locked in decentralized finance (DeFi) protocols has increased 271% in less than two months to surpass $7 billion for the first time, according to DeFi …

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Aspen launches on tZERO amid record security token volume

August 26, 2020

Aspen (ASPD), the security token representing fractional ownership in the St. Regis Aspen Resort — a five-star 179-room hotel in Colorado, has commenced trading on the tZERO alternative trading system. …

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Crypto exchange Coincheck partners with Hashpalette for IEO in Japan

August 25, 2020

Major Japanese crypto exchange Coincheck has launched an initial exchange offering platform for raising funds through utility tokens. According to an Aug. 25 announcement from Coincheck, the crypto exchange will …

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F1 Delta Time Players Can Now Stake Their NFTs

August 20, 2020

Blockchain gaming company Animoca Brands has launched staking for the non-fungible token collectibles (NFTs) featured in its F1 Delta Time title. Stakers will be able to earn a weekly dividend …

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AirBit Club Ponzi Operators Charged With Fraud and Money Laundering

August 19, 2020

The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations (HSI) probe. According to an announcement from …

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Robinhood Raises $200M in Funding Round, Now Valued at $11.2B

August 18, 2020

Stock and crypto trading app Robinhood has raised $200 million in a new funding round. In an Aug. 17 blog post, Robinhood said it had secured $200 million in a …

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Spot Markets Target Top-Tier Exchanges While Derivatives Gain Market Share

August 17, 2020

CryptoCompare’s cryptocurrency Exchange Review for July 2020 has recently been published, giving an insight into last month’s exchange volume data and trends. Key points of interest include a flippening of …

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Is Chainlink Poised for a Sell Off After Reaching New ATH?

August 14, 2020

Chainlink rallied another 4% today, maintaining its place as the fifth largest crypto asset by market cap — but are investors starting to become skittish?  According to on-chain analytics resource …

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Ross Ulbricht Uses Snail Mail to Send Correction for Blog Post on MakerDAO

August 13, 2020

Ross Ulbricht, the founder of SilkRoad, has issued a short follow-up to his essay on MakerDAO (MKR) and how it could be redesigned and improved. The follow-up amounts to a …

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CoinList Exchange Struggles, but NEAR Disaster Averted

August 13, 2020

CoinList’s second attempt in 24 hours at hosting NEAR’s final token sale saw the exchange once again buckle under a flood of traffic from prospective investors. NEAR’s final sale before …

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Crypto-Friendly British App Revolut Reportedly Tripled Losses in 2019

August 12, 2020

Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers. The London-based company reportedly …

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Most DeFi Tokens Are Concentrated In Hands of Top 500 Holders

August 7, 2020

Token supplies for most decentralized finance (DeFi) projects are not widely distributed according to an analysis by the co-founder of DeFi Italy and Head of CryptoLab’s Digital Assets Investments Simone …

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NBA Top Shot Launches P2P Marketplace for Collectible Tokens

August 6, 2020

Dapper Labs, the team behind CryptoKitties, has launched a peer-to-peer (P2P) marketplace allowing beta players of its NBA Top Shot game to trade their non-fungible token (NFT) collectibles. The launch …

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Ripple Q2 2020 Report: XRP Sales Increased 19-Fold

August 4, 2020

Sales of Ripple’s XRP token in Q2 surged after hitting a low in the first quarter, while the firm’s On-Demand Liquidity network remains popular. According to Ripple’s quarterly report released …

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Government-Backed Tokenized Gold With ‘Killer Features’

July 31, 2020

The Universal Protocol Alliance — a consortium of crypto firms comprising Bittrex Global, Ledger, CertiK, and Uphold —  has launched a token backed by the Western Australian government-owned Perth Mint. …

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Ethereum Is the Best-Performing Asset Class of 2020

July 30, 2020

The average performance across Ethereum (ETH)-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari. The data provides an overview of …

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Theta Partners With Korean Gaming Platform to Reward Its 3M Users

July 30, 2020

The crypto-powered Esports streaming platform Theta has partnered with South Korean social gaming platform Ludena Protocol to reward its gamers for viewing or streaming content. The partnership will see Theta …

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Polyient Games Launches Avalanche-Based DEX for Collectibles

July 30, 2020

Ava Labs, the development team behind the Avalanche blockchain has teamed up with non-fungible token (NFT)-focussed investment firm Polyient Games to launch a decentralized exchange (DEX) for crypto collectibles. Polyient’s …

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DeFi Can Continue to Grow as ‘Useless’ Top 30 Coins Wither

July 29, 2020

Data published by crypto market analytics firm Messari on July 29 indicates that the collective capitalization of the decentralized finance (DeFi) sector is equal to only 1.5% of the entire …

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Maker’s Value Locked Breaches $1B Ceiling, but There’s a Caveat

July 27, 2020

MakerDAO (MKR), the foundational protocol of decentralized finance on Ethereum, hit a new all-time high in the total value locked in its vaults. According to data from Defipulse, the value …

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ETH Activity in Q2 Similar to That Before 2017 ICO Market Boom

July 27, 2020

Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in …

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