Cryptocurrencies related to DeFi projects have fallen more than Bitcoin and Ethereum during the recent market downturn. Decentralized finance (DeFi) tokens seem to be taking heavy price hits as widespread correction in crypto markets continues today. According to CoinGecko, top DeFi projects, including Aave, Uniswap, Chainlink, and Terra, have lost 20% and more of each…
Bitcoin, the world’s biggest cryptocurrency, fell on Tuesday more than 17% to $43,000 before paring some losses to trade down 9.2% at $47,140. Smaller rival Ethereum coin plunged 12 %. Shares of major cryptocurrency exchanges also fell as crypto stocks were hit by trading platform outages. Although Bitcoin is the largest cryptocurrency in the world…
Despite the crypto market was actually flat Tuesday, the novel token Solana become a hot-token, hitting a new all-time high due to growing investor fervor around altcoins, which also supports the smart contracts necessary for booming decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Solana (SOL) token surged to become the 7th most valuable cryptocurrency…
Dubai-based token PEAKDEFI (PEAK) has raised on Thursday at 68% for 24 hours. Now, it’s trading above $0.55, ranked at position 249 with a market cap of $286,608,797. PEAKDEFI started a monster rally on Aug. 22 but ran into some volatility as some investors appear to have fixed their profit. However, on Thursday, the coin…
PayPal announced the launch of crypto services through its platform to its millions of users in the UK as the country becomes just the second country after the US that PayPal has decided to launch the crypto services in. The US online payments giant said Monday it would let British customers buy, hold and sell…
World’s biggest cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) and anti-money-laundering (AML) policy. Binance will limit services for existing users unless they adhere to the new requirements. As the crypto exchange claims, it requires all its users through intermediate verification to further…