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Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

Ethereum Crypto Crashes to $340 After SushiSwap’s Alleged Exit Scam

The price of Ethereum (ETH) crashed recently, dropping to a low of $315 over the weekend, after hitting an all-time high of $487 last Wednesday.

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes

Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

US Congress Reveals most Countries Fail to Tax Staked Crypto, Will This be Resolved as Ethereum Launches Staking?

Taxation for cryptocurrencies differ from one country to another and most have yet to provide clear guidelines on how to tax staked crypto.

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?

SushiSwap (SUSHI) Slashes Rewards and Total Value Locked Takes a Plunge—What Does This Say About LPs?

SushiSwap (SUSHI) recently cut its rewards from 1,000 SUSHI tokens per block for liquidity providers, to 100 SUSHI tokens as of Ethereum block 10850000.

Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

Post-Halving Prediction: Bitcoin Price Hitting $20,000 Only a Matter of Time

With the much-anticipated Bitcoin halving just around the corner, pundits, investors, and traders are keeping a keen eye on this event because mining rewards will be slashed from 12.5 BTC to 6.25 BTC. Crypto trader TheMoonCarl tweeted that the number of non-zero Bitcoin addresses had smashed the 30 million figure. As a result, he believes that the all-time high Price of BTC of $20,000 will be broken.

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin Mining Revenue Reaches a 2020 Yearly High of $21 Million per Day

Bitcoin (BTC) mining revenue has hit a new 2020 record, with $21 million per day earned on November 18.

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

Bitcoin Halving Reduces Mining Rewards for Third Time in Brief History

The most anticipated event for cryptocurrency has come to pass. Bitcoin’s third Halving took place reducing the block rewards from 12.5 to 6.25 BTC per new block for the third time in its history. The first block mined for 6.25-bitcoin was mined and relayed by the fourth largest mining pool by total computer power, Antpool.

3 Platforms Making DeFi More Inclusive

3 Platforms Making DeFi More Inclusive

Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Gate.io Executive Explains: What Can We Expect for the Upcoming Bitcoin Halving Event and Crypto in 2020?

Bitcoin halving has been suggested as a significant event. Gate.io also released a halving countdown page for nine major cryptocurrencies in 2020, keeping its users informed of the latest status on halvings. “As an exchange, we want to be instrumental in providing useful information about Bitcoin Halving to our users and the overall community,” Tatibouet said.

Cardano Becomes the 6th Largest Crypto as ADA Price Continues on Bullish Momentum

Cardano Becomes the 6th Largest Crypto as ADA Price Continues on Bullish Momentum

Cardano’s native crypto ADA has reached a two-year high on July 8, topping $0.138, up by 180 percent in the past 180 days. Cardano’s ADA cryptocurrency has been one of the top-performing tokens this year and has become the sixth-largest crypto. While its market capitalization remains lower than Bitcoin and Ethereum, Cardano’s ADA has surpassed Bitcoin Satoshi Vision (BSV), which currently ranks the seventh.

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.

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