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Ledger Experienced a Data Breach in June

30 Jul 2020 1 minute read comments Abhi K

Cryptocurrency hardware wallet manufacturer Ledger suffered a data breach in late June, the team revealed in a blog post that was published on July 29. The attack, which targeted the company’s marketing and e-commerce database, has exposed the perso...

Picky Revolut Adds Stellar to Its App

28 Jul 2020 1 minute read comments Abhi K

United Kingdom-based Revolut has added Stellar Lumens (XLM) to its platform in a press statement that was first reported by CoinDesk. Users can now buy, sell and store it on the digital bank’s app. The addition of XLM was a result of “overwhelming de...

Crypto Tetras Capital Shuts Down - Why?

28 Jul 2020 1 minute read comments Abhi K

On July 28, cryptocurrency hedge fund Tetras Capital announced its closure as a result of heavy losses incurred since its inception in 2017. The hedge fund posted 75% losses, according to sources who spoke to CoinDesk. Primarily focused on altcoins,...

Bloomberg Report Bullish on Bitcoin, Price Could Breach $12k

28 Jul 2020 1 minute read comments Abhi K

Bloomberg has released a mid-year report that suggests that Bitcoin (BTC) could breach the $12,000 mark. Analysts examined a variety of on-chain and off-chain metrics to reach the conclusion.  In addition to the growth of these metrics, Bloomberg als...

Coinbase CEO: XMR Won't Be Listed Any Time Soon Due to Regulatory Concerns

28 Jul 2020 1 minute read comments Abhi K

Coinbase CEO Brian Armstrong has confirmed that Monero (XMR) will not be listed on the exchange in the near future due to concerns raised by regulators regarding privacy coins. Armstrong was interviewed on July 24 on the “What Bitcoin Did” podcast. ...

FTX Launches Serum, a Solana-based DEX

28 Jul 2020 1 minute read comments Abhi K

Derivatives exchange FTX has launched a new DEX called Serum based on the Solana blockchain, according to a Twitter thread posted by FTX CEO Sam Bankman-Fried on July 27. Most DEXs are launched on Ethereum and Serum distinguishes itself by being bas...

Polkadot Raises $43M in Second Private Sale

28 Jul 2020 1 minute read comments Abhi K

Polkadot (DOT) has completed its second private sale, raising 3982.07 BTC - worth approximately $43.3 million - between July 24 and July 27. A total of 1059 transactions were made during the sale, which was unavailable in certain regions of the Unite...

MakerDAO the First Protocol To Reach $1B TVL

27 Jul 2020 1 minute read comments Abhi K

MakerDAO has become the first DeFi protocol to reach a total locked in value of $1 billion, reaching the milestone on July 26, according to DeFi data platform DefiPulse. Maker’s dominance currently stands at 27.74% of the whole DeFi market. Source F...

Binance Now Shipping Its Debit Cards

27 Jul 2020 1 minute read comments Abhi K

Binance has begun shipping its crypto debit cards in limited quantities, according to a tweet from Binance CEO Changpeng Zhao posted on July 25. First announced in April 2020, Zhao revealed on July 10 that the Swipe-powered debit card was undergoing...

Ampleforth Flips Maker, Becomes the Second Biggest DeFi Project on CoinMarketCap

27 Jul 2020 1 minute read comments Abhi K

Ampleforth (AMPL), the non dilutive asset with an elastic supply that has been making headlines in the DeFi market, has become the second biggest DeFi project on CoinMarketCap. Source Ampleforth overtakes Maker (MKR) and Compound (COMP), both of whi...