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DATE POSTED:June 22, 2020

Stablecoin firm Tether Ltd has invested $10 million in Celsius Network’s first equity financing round, which raised a total of $30 million.

DATE POSTED:June 22, 2020

Cred, the leading global blockchain-based financial services platform serving customers in 190 countries, announced today that it has added new executives to its already powerful roster.

DATE POSTED:June 22, 2020

The PlusToken Ponzi looks like it is preparing to dump $67 million in EOS on the market, which could cause prices to crash.

Trying to Lose Sight

CoinHolmes, a Chinese-based blockchain analytics provider, has identified the movement of more than 23.6 million EOS related to the PlusToken scam. The funds are worth roughly $67 million and are currently parked in an unknown wallet, with only 350 EOS remaining in the original address.

DATE POSTED:June 22, 2020

Bitcoin held on exchanges hit a two-year low this month, according to data from Santiment. A massive outflow of BTC from exchanges is a sign of accumulation and signals investor’s positive perception of the cryptocurrency.

Fundamentals Shaping up for Bitcoin

Bitcoin has been stuck in a range between $8,500 and $9,900 for over a month, much to the chagrin of traders.

DATE POSTED:June 22, 2020

Bitcoin looks to be preparing for a significant price movement and large BTC holders are accumulating heavily. Will it finally cross the infamous $10,000 price mark?

Bitcoin Consolidates, Eyes $10,000

The flagship cryptocurrency kicked off the week on the right foot. Its price surged by nearly 1.8% since Monday’s open to hit a local high of roughly $9,470.

DATE POSTED:June 22, 2020

As Ethereum prepares to transition to a proof-of-stake (PoS) consensus algorithm, large ETH holders are on a buying spree that may result in a price increase.

Ethereum Whales Accumulate

The second-largest cryptocurrency by market cap continues consolidating without any clear signs of where ETH is headed next.

DATE POSTED:June 22, 2020

In the last 24 hours, Curve Finance saw more volume than any other decentralized exchange (DEX) thanks to the latest yield farming trend. As DeFi traders look to squeeze returns from across the ecosystem, Curve Finance has cemented itself as a vital service.

DATE POSTED:June 21, 2020

Compound has overtaken MakerDAO to become the single largest protocol in DeFi. Over the last week, Compound has grown from $93 million of value locked to $533 million on the back of a new incentive scheme.

A New Leader Emerges

For the first time since the DeFi narrative came to life, MakerDAO is no longer the most valuable protocol. At the time of writing, Compound stands tall at $533 million of value locked versus Maker’s $482 million.

DATE POSTED:June 20, 2020

As a result of the latest lockdowns, gamers around the world are streaming digital chess matches on platforms like Twitch. Now, Algorand is stepping in to keep players honest.

Algorand Gives Chess a Digital Makeover

FIDE Online Arena will record the official chess ratings and titles data on Algorand’s decentralized blockchain network in real-time, bringing reliability and transparency to the rating system of digital chess. 

DATE POSTED:June 20, 2020

The satoshi, the smallest amount of Bitcoin, is more than just a unit of measurement.

What’s a Satoshi?

What began as a cypherpunk niche has now become a global phenomenon that’s set to disrupt the financial industry.

However, despite their growing influence, cryptocurrencies, in general, are still far from mainstream.

Bitcoin managed to become more of a household name thanks to its presence in the media and mooning price. However, the general public still lacks an understanding of what makes Bitcoin valuable.