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Sirwin

Weekly Round Up with Crypto Rays

By Venkatz | Crypto_Rays | 15 Nov 2020


Zebpay (India) Launching Dazzle

One of the oldest and reputed Crypto Exchange Zebpay going to launch NFT (Non Fungible Token) based Project Dazzle which Generate NFT's.  Dazzle token provides some benefits to the User in various ways. and one thing is India's P2P Market is  going to surpass China's P2P Market.  Dazzle will takes place in Indian Crypto Investors portfolio no doubt on this.

 

Yearn Finance (YFI) Outperformed this week

YFI Surges almost 37% in this week  started with $14k and surged towards $19k the YFI's V2 Vault boosted the value and the drastic retracement resembled oversold and rebounded from that. The YFI surging  continuously two weeks in row. Andre Cronje's Gem (Recently  Yearn finance performing well among all De-Fi Projects)

 

Klever Wallet - Update

Good news for xrp community  KLEVER  the Decentralised Wallet added XRP blockchain this week . also BNB is  added in swap pairs in klever wallet notable features added in klever wallet this week.  and nearly 24 million KLV (native token of klever wallet) burned by the team this klv is generated by staking by klever foundation also the klever foundation Funds are moved to public address for Transparency.

 

Privacy King MONERO (XMR) got attacked

Recently  attacker tried and attacked XMR by Sybil Attack. Monero Maintainer Riccardo Spangi Explained about this attack in Twitter the attack might be used to gather information from the blockchain. But they stated this attack has no effect on Monero's privacy mechanism.

 

KUCOIN Recovered the Funds which are hacked

On september 2020, Kucoin is hacked by some anti elements almost $280 million worth crypto assets are hacked and stolen. This week KuCoin's CEO Johnny Lyu, tweeted about that hack incident and stated almost  84% of hacked funds are recovered already. and kucoin services are almost enabled and remaining  will be resumed before Nov 22, 2020.

 

ETH 2.0 Staking Status

As by recent Announcement ETH 2.0 (phase 0) will be going live on December  01, 2020, at the time of writing this  ETH 2.0  achieved 89,760 ETH out of 524,288.  To be a validator 32 ETH need to be staked in contract address.

 

 

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Venkatz
Venkatz

I am Venkat From India I graduated in Computers and then did Masters of computer Application also Master of Philosophy in Network Security. I interested in Learning New Things. I love the blockchain Technology I am in Crypto From 2017.


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