Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Zeus Capital
Zeus Capital Report Alleges That ChainLink Is a Scam
On July 16, 2020, Zeus Capital, a firm that focuses on fund management and independent research, published a paper full of allegations about Chainlink's credentials and infrastructure. The report titled "The Chainlink Fraud Exposed", describes the token, which is currently in the top 10 by market capitalization, as "the Wirecard of cryptocurrencies". Zeus Capital analyzes all aspects of the LINK project and accuses Chainlink of market manipulation through the classic pump and dump schemes. Essentially, these are makeshift transactions aimed…
5 years ago