Latest Market News
The best performing coins over the past week were Kyber Network (+27%), Algorand (+16%), and ABBC (+14%) out of the top 100 ranked projects
The Tradesatoshi cryptocurrency exchange has announced that it will be shutting down its operations soon. The exchange was established in 2015 and catered to a niche audience, as it listed a large number of relatively obscure low-market cap cryptocurrencies.
In this article, I will attempt to go through what happened to explain how this attacker managed to take advantage of some security flaws within the DeFi ecosystem on two separate occasions, using two separate attack vectors. This could get a little complicated, but I have attempted to make this as simple as possible for you.
Mike Bloomberg, one of the Democratic party’s potential presidential candidates for the 2020 U.S. election, has touched on cryptocurrency as part of his proposed financial reform policy.
The TRON blockchain project is no stranger to aggressively expanding its ecosystem – its founder Justin Sun acquired BitTorrent Inc. in 2018 and brought the DLive blockchain-powered video streaming platform under TRON’s wing in late 2019. Now, the blockchain-powered social media platform Steemit is moving over to the TRON blockchain as well.
IOTA Foundation is the Berlin-based non-profit responsible for the controversial Tangle network which is supposed to be a better, faster, scaling, and free-of-charge alternative to traditional blockchain architectures.
Stablecoins have been one of the fastest-growing segments of the cryptocurrency markets in recent years. In January, Syscoin launched an interoperable bridge, enabling Ethereum developers to leverage the faster confirmation times and lower fees of the Syscoin network.
As we move through the second month of the year, a number of projects are embarking on renewed roadmaps, and this week’s choices are set to benefit from significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
When we think about Bitcoin, what comes in mind first is the fact that Bitcoin is the oldest and largest public cryptocurrency out there. At the same time, one could argue that for analogous reasons it is also outdated, as it doesn't support a lot of the 'fancy stuff' modern blockchain platforms such as Ethereum have to offer.
We've seen Bitcoin reach above $10,000 with a healthy wave, and no extreme or unexpected pumps. Although a series of +10% gains occurred since the beginning of the year, it is relatively casual in a market where we saw much more volatility during the past couple of years.
