Yield

Trusted Node Hits Over $31 Million TVL In Two Weeks as Adoption Grows

Trusted Node has now recorded over $31 million TVL in about two weeks of operation. The validator network created by the ex-CEO of Bitcoin.com, one of the leading websites in the crypto space, has seen tremendous success since its launch. Trusted Node has opened up a pathway for users in the space to reap the rewards associated with proof of stake networks without having to worry about any of the barriers to entry. This unique service offered by Trusted Node has made it a beloved project in the space. Trusted

How to Best Protect Your Money From Hackers as Crypto Markets Boom

“I got hacked and don’t even know how it happened,” mourned one crypto user on Twitter. “I left my wallet open in my browser on MetaMask and they got into my wallet. Lost all saitama, floki and hokk.”Sponsored Sponsored A small crypto investor, @ltjyaussie says he has always been careful with wallet security issues but did not know what hit him this time around. The Cyprus-based investor was a victim of a systematic attack. Against all his perceived defenses, he still got taken for a ride. He’s just one of

Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

White hat hacker paid DeFi’s largest reported bounty fee

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors’ reaction was obvious as the crypto market plunged immediately following the news. advertisement But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% up at a price of $44.030 and a market cap of $827 billion. It means strong whale purchases have recovered almost 80% of the last market dip. Citing data from Santiment, crypto analyst Lark

Pledge: NFT-based fixed lending protocol announces successful Fundraise

Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings.  Pledge Bridges the Gap Between DeFi and Finance Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange.

These factors were key to taking the steam out of Bitcoin’s ‘frenzied crypto-rally’

Volatility in the cryptocurrency world is real, there’s no doubting that. While some expected it to be a relic of the past, it came to the fore a few days ago after Bitcoin dropped below $45,000, taking the rest of the market with it. Now, different people have attributed different reasons to the aforementioned drop. A recent Twitter thread from a Singapore-based crypto-fund firm is a case in point. According to the same, the United States played a major role in driving or rather, aggravating this volatility. QCP Capital argued

Trader Joe Raises $5M for DeFi on Avalanche

Avalanche-based decentralized finance (DeFi) platform Trader Joe has become the latest to secure a round of funding from venture capital giants.Sponsored Sponsored In an announcement on Sept 2, the DeFi trading platform revealed that it raised $5 million in a strategic sale led by Defiance Capital, GBV Capital, and Mechanism Capital. Several other venture capital firms, angel investors, and industry leaders including Three Arrows Capital, Coin98 Ventures, Delphi Digital, Avalanche Foundation, and Aave founder Stani Kulechov, also contributed. Trader Joe plans to expand its team with the cash injection and

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched