All Coinss Crypto News

Coinss Crypto News

Is DeFi dead or is it still the future of finance?

As the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst, or if it will rise from the ashes. Top quality projects like Chainlink, Aave and Synthetix have fallen by half since their all time highs, while some of the clone protocols have dropped by 95% or more. There are also signs that some crypto collateral is starting to...

Joke MEME coin airdrop is now worth $600K

MEME, a community-driven project inspired by a ConsenSys developer’s satire of the yield farming bubble, has gained nearly 100% in 24-hours to post an all-time high of $1,775 after listing on Poloniex. Since the start of September, MEME has gained more than 900%, despite its supporters promoting the project through the slogan ‘don’t buy MEME.’ MEME is currently the 254th-ranked crypto asset with a $48 million market cap, with more than...

WAVES price swells to new all-time highs, nearing $4B market cap

Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape.  One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted blockchain protocol that has seen significant growth in 2021 thanks to recent strides in decentralized...

Zebpay is launching a nonfungible token marketplace in India

Cryptocurrency exchange Zebpay, which has claimed to have a user base of over 3 million in India, is now exploring broader crypto market opportunities, such as digital collectibles. With its launch of a new marketplace called Dazzle, Zebpay has chosen to expand into the nonfungible token space. NFTs are unique but tradeable blockchain assets, which can be used to represent all manner of virtual and real-world goods. NFTs are unlike...

Employer paid worker in crypto, then demanded it back when price rose

A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants them to return the tokens following a significant rally in the asset’s price. According to a letter sent to Quentin Fottrell of MarketWatch’s “The Moneyist,” the unnamed employee — known only as “Crypto Confused” — received payment for the contract work in cryptocurrency in August 2020,...

Dogecoin passes Tether's market cap following eToro integration

At more than $52 billion, the market capitalization of meme-based cryptocurrency Dogecoin (DOGE) has already passed that of Twitter, U.S. car manufacturer Ford, and now, Tether. According to data from AssetDash, the market cap of Dogecoin is $52.5 billion, more than $400 million higher than that of Tether (USDT) at $52 billion. The token has already surpassed Ford’s and Twitter’s market capitalization at $45.1 billion and $43.1 billion,...

Kraken pledges $150,000 to Ethereum devs in latest Gitcoin Grants Round

The Kraken cryptocurrency exchange announced that it would match $150,000 in donations to support open-source Ethereum projects on Gitcoin. Gitcoin is a developer-funding platform relying on a hybrid model of sponsored donations and direct community support. Through its quadratic funding model, community donations are used as guidance to identify the projects that should receive the most matched funding. The quadratic formula ensures that...

Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network

The arrival of institutional investors and the rise of decentralized finance has been an incredible boon for the entire cryptocurrency sector, but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with surges in activity and the need to scale.   High fees and slower transaction times on the Ethereum network have left the door open for new layer-one solutions to emerge, and Solana is...

CeFi and DeFi will finally meet in 2021 — Let's hope they hit it off

The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks and other vulnerabilities, how centralized finance incorporates DeFi’s leading features and vice...

Voyager crypto broker set to open to Europe after LGO merger

Crypto broker Voyager has teamed up with LGO, a European digital asset exchange focused on institutions.  “LGO and Voyager will merge their services and offering under the Voyager brand, to offer a premium experience to retail cryptocurrency investors, in the US and in Europe,” LGO CEO Hugo Renaudin told Cointelegraph. “European clients will be able to access the Voyager app using the LGO regulatory setup in Europe, and both LGO and VGX...