Aragon revealed the launch of a new platform that brings it closer to its goal of becoming the world’s first digital jurisdiction.
A New Borderless Disputes Resolution PlatformOn Feb. 10, Aragon announced the official introduction of Aragon Court. This is a dispute resolution protocol that was created for the “Internet era,” according to the release. Jurors are incentivized to review and adjudicate disputes on the new borderless platform and penalize users for wrongdoing.
Kyber kicked off 2020 with its best performing month since launch, hitting half a billion dollars in volume to lead the surging DeFi sector.
Kyber Beats out Competitors in Strong Start to 2020Kyber, the on-chain liquidity protocol, hit a number of all-time highs for January.
EOS and Cardano have had a similar price action thus far this year. Both of these cryptocurrencies saw the formation of a major bullish pattern around the same time while they were surging. Now, they could be preparing for a retracement before continuing their bullish trends.
A Significant Bullish Signal DevelopedOver $110 billion have flooded the cryptocurrency market since the beginning of 2020. The substantial inflow of capital allowed many digital assets to surge, including EOS and Cardano.
Research VP of Peck Shield, Chiachih Wu, today identified the movement of ~12K BTC ($117 million) related to the PlusToken scam. The funds are currently parked, but comments from blockchain analysts predict further movement.
The Litecoin Foundation announced its partnership with California-based lending firm Cred. Litecoin holders can now earn up to 10% when lending LTC on the platform, according to a Feb. 11, 2020 announcement.
Earning 10% Passive IncomeLitecoin is the latest addition to Cred’s 29-cryptocurrency lending and borrowing product. The news also comes close on the heels of LTC’s tie-up with BlockFi, where users can earn up to 3.8% on their holdings.
Ethereum faces strong resistance ahead of it, with several indicators suggesting that ETH will correct before continuing its bullish trend.
Ethereum Faces Strong ResistanceFollowing a six-months-long correction, Ethereum hit a bottom of $117 in mid-December 2019. Since then, the smart contracts leader has seen its price surge by nearly 100%, reaching a yearly high of $230. Now, ETH appears to be testing a significant resistance level that could prevent it from advancing further.
Tether has launched a version of its dollar-pegged stablecoin (USDT) on Algorand, representing the first significant use of Aglorand’s Standard Asset (ASA) specification.
The news was revealed in an announcement published by the stablecoin company on Feb. 10.
Binance has officially introduced a new Binance Coin derivative product. The listing appears to have triggered a spike in demand for BNB allowing it to surge over 10%.
BNB Derivatives on Binance FuturesOn Feb. 10, Malta-based cryptocurrency exchange Binance revealed that it listed a Binance Coin perpetual contract on its crypto derivatives trading platform, Binance Futures.
According to a report released last week by Bitwise, financial advisors are increasingly exploring allocations in crypto. The findings suggest it might be time to buy before the masses arrive.
Flash loans firm Aave, which allows users to borrow crypto without collateral, has been a major success since raising $14 million of liquidity in just three weeks. The success of this product is attributed to the wide variety of financial services it enables on DeFi.
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