Ether

Chicago DeFi Alliance Launches to Save Decentralized Finance

Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and other applicable requirements.Chicago DeFi Alliance to share its expertise to boost DeFi liquidity and marketsAccording to a blog post by crypto fund Volt Capital, a founding member the CDA initiative, the alliance also includes major

P2P Protocol Aims to Simplify Crypto Wallet Transactions With Domain Names

A new protocol is hoping to make peer-to-peer transactions between various wallets and cryptocurrencies simpler for users.FIO Protocol, which launched its mainnet chain on March 26, provides users with interoperable domain names instead of alphanumeric blockchain addresses.An acronym for the “Foundation For Interwallet Operability,” the FIO protocol is live on Trust Wallet and is in the process of integrating with several popular wallet providers — including Bitcoin.com, Edge, Enjin, Coinomi and Atomic.Rather than integrating directly with blockchains, the project offers a decentralized and open-source “usability layer” that integrates with services

Number of Bitcoin Addresses With Small BTC on the Rise Since March Sell-off

Despite the massive sell-off on March 12, Bitcoin (BTC) continues to record increases in the number of addresses holding small quantities of BTC, according to crypto data provider, CoinMetrics. In its “State of the Network Report,” on April 7, CoinMetrics noted that addresses holding from one billionth (1/1B) to one hundred millionths (1/100M) of the total supply of BTC increased by six percent in the last 90 days. Also, the number of addresses holding from one hundred millionths (1/100M) to one ten-millionth (1/10M) of Bitcoin total supply raised by about

Brave Tokens Available for Trading on Gemini Starting April 24

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM EST, with trading to begin “soon thereafter”:“BAT is the sixth digital asset available for trading on the Gemini platform, joining bitcoin, ether, bitcoin cash, litecoin, and Zcash. We will be offering USD, BTC, and ETH

Bitcoin Price Rallies Higher but Must Hit $8K to Start a Bull Market

Bitcoin (BTC) closed the week up 15.4% at $6,775 and has started the day with a further 6% move to the upside, breaching the $7,000 handle and making highs at $7,300. Looking at performance relative to its peers, Ether (ETH) and EOS have posted an impressive 16% gain over the last 24 hours. As a result, Bitcoin dominance is down 1.5% at 65%.Crypto market daily price chart. Source: Coin360The total cryptocurrency market capitalization breached the $200 billion level, breaking from the diagonal resistance dating back to February when the total market

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009.In an April 6 tweet, Buterin emphasized that price predictions

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

Battle of Elrond Launches on Samsung Galaxy Store

The Battle of Elrond, a blockchain-based game from Elrond Network, is now available on Samsung dApp store to give users of the Samsung Galaxy and Note, the opportunity to interact with a medieval multiplayer 5v5 PVP arena. The development, according to the announcement today, is a product of a collaboration between Samsung and Elrond. The game will support a blockchain-based in-game economy integrated by the Samsung Blockchain Wallet and new players will receive $ERD, Elrond’s native token, as a welcome bonus for 5 PvP games.  The move was first revealed

Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether

Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT).In an announcement published on April 2, the exchange revealed the service would be available on its website and app. It will, however, be restricted for traders living in jurisdictions where margin trading is prohibited or capped — as, for example, with Japan.  Leveraged trading gains traction in the industryMargin trading enables traders to use borrowed funds in order to increase their

Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers like Brave clearly suggests a collective increase in internet users’ concern over how their personal information is being accumulated, stored and utilized on a day-to-day basis.Individuals all over the globe have become so accustomed to