CRYPTO NEWS: Latest BITCOIN News, BINANCE News, RIPPLE News, DEFI News
Bitcoin Remains Calm While Binance Coins Rise 20%
Bitcoin stays at around $ 10,750, while Binance Coin continues to grow another 5%.
After another price increase from $ 10,640 to $ 10,860, Bitcoin slowed down by about $ 10,750.
The precious metal also rose from a low of $ 1875 an ounce to a daily high of nearly $ 1900 and fell to $ 1890.
At the same time, Wall Street showed insignificant losses during yesterday’s trading session. The S&P 500 and Dow Jones Industrial Average closed 0.5% lower, while the Nasdaq fell 0.3%.
StrongBlock Launches DeFi Protocol, But Token Prices Drop 70%
New DeF protocol has been launched
The launched DeFi protocol StrongBlock announced the integration of Chainlink oracles, however the price of its own token has dropped by 70% today.
The underlying concept of the protocol is to shift the focus from rewarding validators to rewarding node security as a way to improve the performance of the public blockchain.
Bitcoin network health deteriorates sharply as new investors stop buying BTC
Bitcoin price has been subject to some turbulence over the past few days and weeks.
After a short period of consolidation, the cryptocurrency eventually began to drift sideways before it faced selling pressure yesterday, dropping its price to a low of $ 10,500.
While it subsequently bounced off those lows and has traded sideways since then, it’s important to note that the cryptocurrency network’s health has deteriorated over the past week.
Last week, Reddit introduced a new feature – the ability to turn MOON and BRICK tokens into Reddit coins. These coins are non-blockchain-based digital Reddit tokens that provide access to premium Reddit features and can also be purchased with USD and other fiat currencies.
The New York-based exchange announced on its blog on Tuesday that it added “shielded” zcash output – meaning that users can withdraw assets from the platform without revealing their identity or the size of their transactions.
KuCoin Hacker Moves $ 4.5 Million Stolen XRP
After a series of small transactions, the attacker behind the KuCoin hack transferred 18 million XRP.
According to Whale Alert, a Twitter bot that tracks important cryptographic transfers, the hacker responsible for the recent cryptocurrency exchange attack KuCoin transferred $ 4.5 million worth of stolen XRP tokens on September 29 in a single transaction.
Chainalysis Expands APAC In Response To KuCoin Hack
Chainalysis is expanding its presence worldwide.
The company announced on September 27 that while providing services to federal agencies such as the IRS and the FBI, Chainalysis is opening new offices in Singapore and Tokyo to better serve clients in the Asia-Pacific region.
Wrapped Bitcoin Tops $ 1 Billion As DeFi Protocols Reach $ 11.1 Billion Fixed Value
Uniswap, Aave, and MakerDAO Gradually Approach $ 6 Billion
Synthetic Bitcoin has seen exponential growth over the past few months, with WBTC now reaching nine digits. As Skew notes, in just three months, the protocol grew from $ 1 billion to $ 1 billion.
Overall, the total locked-in value across all decentralized finance protocols exceeded $ 11.1 billion, according to DeFi Pulse.
Investors are flocking to the DeFi scene in India months after the revocation of the central bank ban
Investors are looking to India as a hub for promising new blockchain projects.
DeFi Protocols UniLend Finance and PlotX announced on Tuesday that they have both successfully completed their seed rounds.
UniLend, the lending protocol, raised $ 3.1 million in a round led by the Woodstock Fund, which includes oracle data provider Band Protocol in its portfolio.
Binance Announces Launchpad Token Sale and DeFi Alpha Pool Launch
Binance Announces Launchpad Token Sale and Launchpool Farming for Alpha Finance
According to the official release, the sale of tokens for Alpha Finance Lab will take place in a lottery format. Binance will record BNB users‘ balances for 8 days from September 30 to October 8. In addition, the final BNB hold for each user will be determined as an average of 8 days using the BNB daily average balance calculation engine.
Binance Announces Launchpad Token Sale
Bitpanda Investment Platform Receives $ 52 Million in Series A Round
The funds will help expand the assets that Bitpanda users can trade.
Bitpanda raised $ 52 million in a round led by Peter Thiel’s Valar Ventures. Venture capital firm Speedinvest also took part along with other unnamed sponsors.