Category: Altcoin

DeFi Could Trigger Paradigm Shift in the Financial Industry, According to St. Louis Federal Reserve Report

The St. Louis Federal Reserve, one of the 12 regional banks of the US central banking system, has published a new report analyzing the potential of decentralized Finance (DeFi). DeFi is an all-encompassing term describing a push to automate and remove middlemen from traditional financial services like trading, borrowing and lending, derivatives, and insurance. Fabian

This Ethereum-Based Altcoin Will Turn Some Crypto Traders Into Millionaires, According to Crypto Trader Ben Armstrong

Crypto trader and analyst Ben Armstrong says an Ethereum-based altcoin has the potential to turn early investors into millionaires. In a new video, Armstrong tells his 442,000 YouTube subscribers that he’s keeping a close watch on decentralized exchanges (DEXs) as the sector continues to show signs of rapid growth. “The demand for DEXs is growing

Top Crypto Trader Says One Asset Set To Rocket Into the Top 50, Investors Underestimating How Much Capital Will Flow Into Altcoins

A top crypto trader and analyst says he’s expecting a tidal wave of capital to flow into the altcoin market. In a viral tweet, the popular pseudonymous trader known in the industry as Altcoin Psycho tells his 107,300 followers that he believes fellow investors don’t realize the size of the bull cycle that’s on the

Billionaire Mark Cuban Says Crypto Is Store of Value, With Bitcoin Leading Decade-Plus of Wealth Generation

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban appears to be morphing into a strong supporter of cryptocurrencies. In a new blog post, the Shark Tank star says he now firmly believes crypto assets are stores of value, with the new generation fueling the rise of digital currencies like Bitcoin and Ethereum. [Crypto assets] are

Crypto Trader Ben Armstrong Says One Altcoin Could Follow Polkadot’s Massive 2021 Breakout

Crypto trader and YouTuber Ben Armstrong says one medium-cap altcoin is poised to print significant gains before the bull market comes to a close. Armstrong tells his 418,000 YouTube subscribers that he’s looking at two interoperability protocols that he says will play key roles in the future of blockchain ecosystems.  “With a high likelihood that

yearn.finance Reveals Details on Hack That Triggered $11 Million Loss

Decentralized finance (DeFi) yield aggregator yearn.finance (YFI) reveals the details of a hacking incident that caused a total loss of $11 million to the network. According to Yearn’s vulnerability disclosure posted on GitHub Thursday, yearn.finance creator Andre Cronje noticed odd patterns in a contract interacting with the platform’s vaults at 21:45 UTC on February 4th.