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Coinbase Lists Algorand (ALGO)

17 Jul 2020 1 minute read comments Abhi K

US based exchange Coinbase has listed Algorand (ALGO), according to an announcement published on July 16.  Algorand was listed on Coinbase’s professional exchange Coinbase Pro in August 2019. It is also supported by Coinbase Custody, the exchange’s s...

Institutions and Hedge Funds Continue Pouring Money into Bitcoin & Ethereum Products, Grayscale Reports

16 Jul 2020 1 minute read comments Abhi K

Digital asset management firm Grayscale Investments has revealed that institutional investors and hedge funds are continuing to drive more funds into Bitcoin (BTC) and Ethereum (ETH) products, according to its Q2 2020 report. The firm recorded its la...

DeFi Platform Aave's Strategic Investors Deepen Collaboration as Investment Raises $4 million

16 Jul 2020 1 minute read comments Abhi K

Lending platform Aave has announced a series of ways in which strategic investors 3 Arrows Capital and Framework Ventures will aid in its decentralization and growth, according to a blog post published on July 15.The two strategic investors have nett...

Binance and Coinbase Twitter Accounts Among Those Hacked

16 Jul 2020 1 minute read comments Abhi K

Binance and Coinbase exchange’s twitter account was among the many accounts that had been hacked yesterday on July 15. Several accounts were hacked including those of high profile figures like Barack Obama, Joe Biden, Bill Gates, Warren Buffett, Elon...

Twitter to Sponsor NASCAR Car With Bitcoin Logo on it

15 Jul 2020 1 minute read comments Abhi K

Twitter will sponsor NASCAR driver Bubba Wallace and his team, as revealed by a tweet posted by CEO and founder Jack Dorsey. He tweeted an image with both the Bitcoin (BTC) logo and the Cash App on a NASCAR car. Cash App is a product of Square, of wh...

Switcheo Integrates Uniswap V2's Liquidity Reserves

15 Jul 2020 1 minute read comments Abhi K

Decentralized exchange (DEX) Switcheo announced on July 15 that it had integrated Uniswap V2’s liquidity reserves. This brings additional liquidity to the platform, which had previously integrated liquidity from KyberSwap and Uniswap V1.  Uniswap V2...

Kraken Adds DeFi Tokens COMP, KNC and KAVA

15 Jul 2020 1 minute read comments Abhi K

US based exchange Kraken has listed 3 new DeFi tokens  - COMP, KNC and KAVA - to its platform on July 15, the company announced via a blog post. It has also added decentralized storage asset STORJ. The 3 DeFi tokens have grown in price and popularit...

Chainlink Continues to Reach New Price Highs

15 Jul 2020 1 minute read comments Abhi K

Chainlink (LINK) continues its price rise and outpacing of the rest of the market, as the LINK token has increased by another 10% in the last 24 hours. The asset began its rise on July 12, when it was priced at $6.29 and steadily hit new all-time hig...

South Korea's New Tax Laws Could Bring Crypto Taxation to 20%

14 Jul 2020 1 minute read comments Abhi K

On July 13, South Korea’s National Assembly proposed a bill that would impose 20% capital gains tax on cryptocurrencies, according to local media outlets. The law considers cryptocurrencies to be goods, as opposed to money. However, there are some nu...

Chainlink (LINK) Overtakes XRP in Terms of Liquid Market Cap

13 Jul 2020 1 minute read comments Abhi K

Chainlink (LINK) has overtaken XRP in terms of liquid market cap, as seen in the Messari market data platform. Messari operates on proprietary methodology and a series of quantitative and qualitative metrics to provide as accurate and relevant asset...