Earliest Cryptocurrencies with DeFi-like Characteristics

A recent Chainalysis report shows how Europe accounts for 25% of the world's cryptocurrency transactions. The news came as a surprise to many. However, Decentralized Finance (DeFi) is the center of these crypto transactions. So, it takes about 50% of the total amount from the region's trades. DeFi is an innovative niche that many enthusiasts still have not explored fully. Nevertheless, numerous smaller crypto assets with similar characteristics to DeFi tokens already exist. Binance Chain, PancakeSwap, and Uniswap are examples…

Crypto Coins That Can Be Staked

Staking is one of the most profitable crypto investment options available today. Primarily, it involves collateralizing some amount of crypto assets in wallets or exchanges and awaiting rewards. Of course, there are many options of platforms to use for staking and profit maximization. However, for staking to be effective, the investor should make the right decisions about many things. Foremost, the choice of platform, an exchange or wallet, and the policies instituted. Second, the investor should select the best coin…

10 Cryptocurrency Projects to Watch in 2021

This year has been an exciting one for crypto investors so far. The introduction of new sectors and technologies has reshaped the landscape of the industry. These changes have ushered in exciting opportunities for developers and investors alike. While it may seem impossible to keep track of these developments, some have resin above the competition to become major points of interest. Here are 10 projects to watch in 2021. Avalanche (AVAX) Avalanche can be considered a "platform of platforms." The…

8 Cryptocurrency Projects Crypto Investors Should Keep An Eye on

Bitcoin has just hit 55k+, and everyone is surprisingly curious about the crypto industry and suddenly craving to join in on the frenzy. If you have a glimpse of what's going on in the crypto-verse, you must or should have noticed that the crypto world is rapidly growing, and every other day new better options are introduced in the markets.  It all started with Bitcoin as the flagship crypto, and since then, thousands of new crypto assets have joined the…

DASH – Powerful Features to Further Your Crypto Investment Strategy

Dash is a cryptocurrency that continues to see growing adoption. The innovative developers behind this project combined various proprietary technologies to create an efficient and fast network that enables users to make private transactions on a public blockchain.  Since its inception, the DASH project has been popular in the market. The network’s scalability and unparalleled security are also major draws for this crypto. DASH users can send transactions globally in near real-time utilizing the network’s advanced features. Consequently, DASH consistently ranks among…

Binance Korea Ceases Operations Just 9 Months After Launch

Binance Korea, a Binance platform specifically dedicated to South Korean residents, will end operations next month. A closure that comes only 9 months after the launch of the platform. Binance Leaves The  South Korean Market Binance Korea, made the announcement in a press release today. Registrations and deposits of funds are already closed, and withdrawals will be possible until January 29, 2021. The platform claimed to have difficulty operating due to lack of liquidity and low volume of transactions. Binance Korea…

South Korea’s FSC to Ban Privacy Coins From Licensed Operators

The Financial Service Commission (FSC) in South Korea will ban privacy-centric digital assets or “dark coins” from crypto exchanges. Also, Virtual asset providers will no longer be allowed to handle transactions involving privacy coins. In an official announcement on the 3rd of November, the Financial Services Commission stated its privacy coins position. According to the announcement, there have been updates to the current regulations for exchanges with privacy coins. The regulation in concern is the Special Payment Act that offers…

Founder of Hackers Group ”Anonymous” Uses Monero for Transactions

The alleged founder of the infamous hacker group ''Anonymous'' has claimed to use Monero for transactions. This was revealed in a series of AMA questions and answers by a Reddit user named Aubrey Cottle.  Cottle claimed to be the originator of the Internet Hate Machine and the founder of the Anonymous group. He opened an AMA session that drew Redditors' attention and revealed that he’s coming out of retirement to deal with the current QAnon menace happening worldwide.  [caption id="attachment_19786"…

DeFi: Dash Partners with Staking Platform Stakehound

Several altcoins have built bridges with the decentralized finance (DeFi) industry in recent months. Dash (DASH) is no exception to this trend and has announced a partnership with staking platform StakeHound. StakeHound Partnership a defining one for Dash Dash revealed in a press release that the partnership with StakeHound would allow Dash users to access DeFi applications. StakeHound will serve as a bridge connecting Dash with the Ethereum Defi ecosystem. The partnership will also provide Dash users with DeFi benefits…

1 2