Altcoins

Largest cryptocurrency exchange by trade volume Binance has suspended Ether (ETH) and other ERC-20 tokens, following the Ethereum network’s congestion. “#Binance has temporarily suspended withdrawals of $ETH and Ethereum-based tokens to address a congestion issue,” Binance noted in an announcement shared on Twitter today. However, the exchange assured users that their funds are safe while it waits for the issue to be resolved. Users Accuse Binance Of Having Hidden Agenda Binance users have taken to the popular microblogging platform to…

Binance native token BNB price reaches new heights and has just dethroned Tether to become the 3rd biggest cryptocurrency based on market cap. This surge in price is thanks to the rise of Binance Smart Chain (BSC) and other protocols of its ecosystem, such as PancakeSwap.  Binance Coin (BNB) Breaks All-time High Binance ecosystem utility token Binance Coin (BNB) has experienced a massive increase in price in recent weeks. In today's early hours, BNB set a new all-time high of…

The crypto market is in the bullish zone led by the two largest cryptocurrencies, Bitcoin and Ethereum. The leading cryptocurrencies have hit new all-time highs in the last 24 hours, and this has caused a ripple effect in the market.  Bitcoin And Ethereum Hit All-time Highs Bitcoin has continued to make rapid gains in recent weeks, buoyed by recent institutional adoption. In the past two weeks, the leading cryptocurrency has made 30% gains from $38k and recently crossed the $50k…

Bitcoin's bullish run has continued into the third day of the year after the leading coin surpassed $30k yesterday. This bullish run has caused a major effect, with leading altcoin Ethereum hitting a major milestone in the past few hours. Bitcoin (BTC) Exceeds $34,000 Bitcoin entered the day on the back of a major bull movement that began over the weekend. Since hitting the $30k mark yesterday, the leading coin has continued to experience an uptrend in price. This has…

In a recent announcement, Bitfinex launched a P2P lending platform - Bitfinex Borrow. The platform will enable users to lend or borrow crypto assets in a peer-2-peer manner. Those looking to borrow can obtain a loan in either USDT or USD against their Bitcoin or Ethereum holdings as collateral. How does it work? The platform currently offers two interest rate models for borrowing - Variable & Fixed Rate. On the one hand, the variable rate varies from 5.5% to 18.25%…

Taking another step in decentralization, Aave Protocol has just announced the handover of admin keys to governance. With this announcement, the Aave team will give up the control of admin keys - giving ownership of the LendingPoolAddressProvider & TokenDistributor contract to the Aave Governance. Enabling governance in the hands of token holders Earlier this year, the protocol went live on Ethereum Mainnet, putting the governance in the hands of its native token (LEND) holders. Shortly after this announcement, the token…

Social messaging platform LINE is set to develop a blockchain platform for Central Banks Digital Currencies (CBDC). Korean paper Chosun reported on Monday that LINE is in discussion with several Asian banks regarding the new development. The blockchain platform would enable the Central bank to launch CBDCs in a safe and scalable environment. Central Banks would also be able to add customizable features on the platform using different economic parameters. LINE has been proactive in its use of blockchain technology.…

In recent news, the founder and administrator of Helix and Coin Ninja Larry Dean Harmon has been penalized $60 million by the Financial Crimes Enforcement Network (FinCEN). As per the news, Mr. Harmon has been penalized for violations of the Bank Secrecy Act (BSA) and its implementing regulations. As per FinCEN, Mr. Harmon is currently being prosecuted on conspiracy charges to launder monetary instruments and the operation of an unlicensed money transmitting business. This concerning his connection with Helix (2014-2017)…

Crypto-asset brokerage Voyager Digital has announced the addition of NBA Legend Tracy McGrady to its team in a press release today. McGrady to promote Voyager McGrady will take the role of advisor and help educate investors on the services offered by Voyager. He will also take part in a giveaway promotion that will be offering a total of $2 million to the general public. New accounts that register under this promotion will be eligible for a $5 bonus. Commenting on the…