Category: Altcoins

Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial…

November 11, 2020
This Yearn.finance (YFI) competitor surged 60% in the past day alone

Yearn.finance has rapidly become the darling of the burgeoning DeFi space. The Ethereum-based protocol’s native token, YFI, rallied from its starting price of $3 to $30,000 in the span of about a month. Simultaneously, the total value locked by the protocol surged to $1 billion. It’s no surprise, then, that there have been some attempting…

November 11, 2020
One of the biggest crypto funds just bought another $2m of Yearn.finance (YFI)

The DeFi market has undergone a strong surge since it seemingly bottomed late last week. As reported by CryptoSlate previously, top DeFi coins have surged over 100 percent from their lows, becoming the best-performing altcoins of this past week. Market data of the top 15 DeFi coins from CryptoSlate On-chain data suggests that this recovery…

November 11, 2020
Sideways Bitcoin price allows DeFi, Ethereum, and altcoins to rally higher

Ethereum, DeFi tokens, and altcoins capitalized on Bitcoin’s consolidation by rallying strongly in the past 48-hours.

November 10, 2020
Ripple CTO says he lost $300K trading no-name altcoins

“I’ve bought quite a few cryptocurrencies that turned out to be disasters.”

November 10, 2020
This 2017-era crypto has surged 500% since getting listed on Coinbase last week

If you were around in 2017 or 2018, you likely remember the term “the Coinbase Effect.” What the term describes is the price action of any cryptocurrency listed on Coinbase, then the world’s foremost Bitcoin exchange, servicing millions around the world. The idea goes that because Coinbase has such a large contingent of retail investors,…

November 10, 2020
Price analysis 11/9: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, ADA, BSV

Bitcoin price is recovering well from its 6% drop to $14,800 but top altcoins are slow to follow.

November 9, 2020
What’s the deal with DeFi “blue chips”? SNX, AAVE, YFI surge 100 percent off lows

If you’ve been following Ethereum Twitter over the past few days, you’ve likely seen the term “blue chip” mentioned time and time again in reference to certain DeFi projects. In traditional finance, a blue-chip company is one that is seen as reputable and steady, with the ability to perform well in any market conditions. The…

November 9, 2020
Once $80-million privacy crypto Grin comes under 51% attack

If you were around in 2018 or early 2019, you likely remember the hype around MimbleWimble. MimbleWimble is a privacy technology for cryptocurrencies that is attempting to one-up the technologies use by networks like Zcash or Monero. The technology gained quite a bit of traction in 2019 when two cryptocurrencies using Mimblewimble launched, Grin and…

November 8, 2020
3 factors to consider before trading crypto perpetual futures contracts

Traders are making massive gains from perpetual futures contracts but there are three risks to be aware of before trading.

November 8, 2020