CoinGecko

Dogecoin imitator Shiba Inu pumps 146% on Binance listing

Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to Binance. Shiba Inu (SHIB) burst into CoinMarketCap’s top 20 rankings just two days ago, likely a response by traders to the hype surrounding Dogecoin (DOGE). Within 48 hours the SHIB token went from …

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BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

<div class=”featured_image_container”> </div> <strong>Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest.</strong> Binance Captures the Bitcoin Futures Lead Not too …

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Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-3.jpg” alt width=”1456″ height=”360″></a></div><strong>Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin.</strong> According to Coingecko data, Andre …

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Yearn Finance Founder Andre Cronje’s New Defi Token KP3R Soars 3,600% 24 Hours After Launch

8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch … read more. …

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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><div id=”bitcoin-940958266″><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/419836″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/10/728×90.jpg” alt width=”728″ height=”90″></a></div></div><strong>Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but …

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Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B

2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the …

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Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk

A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot comprehend the smart contracts they use for …

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Binance Retains Top Spot as CoinGecko Revamps Exchange Trust Metric

Cryptocurrency market data aggregator CoinGecko has updated its trust metric for exchanges, with Binance keeping its top slot in the rankings. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of …

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CoinGecko Adds Crypto Exchanges’ Cybersecurity Ratings to Trust Score

Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s Trust Score will be determined according to a cybersecurity rating provided by security technology company Hacken.  According to an announcement, the algorithm …

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Many People Know About DeFi, But Few of Them Use It

Cryptocurrency price aggregator CoinGecko conducted a survey with almost 700 of its users to learn more about the trends in decentralized finance (DeFi). The report, published on May 20, highlights that many cryptocurrency users heard about DeFi and some of its better known projects, but few of these are actually using it. Out of its …

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