Altcoins

Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will monitor the performance of the industry’s top 10 cryptocurrencies by market capitalization, such as Bitcoin (BTC) and Ethereum (ETH). Binance indices will utilize pricing information
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Ethereum development company Nethermind has announced it has “transpiled and compiled” decentralized exchange (DEX) Uniswap v3 on “Warp” — a project designed to allow Ethereum users to swap tokens on the more scalable Ethereum layer-2 network StarkNet.  The milestone was announced by team lead Jorik Schellekens in an Oct. 9 Medium post. Nethermind describes Warp
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BNB Smart Chain, the smart contract-enabled blockchain of crypto exchange Binance, will undergo a hard fork as a fix for the exploit that drained the platform of an estimated $100 million on Oct. 6, according to a post on GitHub.  The release for the mainnet and testnet is a “temporary urgent patch to mitigate the cross-chain
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Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe — and we’re right on
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The story of Ripple XRP has taken several twists over the past two years. Lots of opinions have risen following its ongoing legal battle with the SEC. The lawsuit with the US SEC started in December 2020 when the regulator declared that XRP is a security. Bryant McGill, a bestselling author, and social entrepreneur, recently
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Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” towards crypto amongst institutional investors amid a slowdown of the U.S. economy.  In the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Coinshares head of research James Butterfill highlighted stand-offish institutional sentiment towards crypto investment products, which
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It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in late July has limited the upside after two strong rejections. The 1% weekly negative performance in cryptocurrency markets was accompanied
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